Close

Welcome back to Stockhouse
Member Sign In

Email or Username:
Password:
Close

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Enter your email address:
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.
Quote  |  Bullboard  |  News  |  Opinion  |  Level II  |  Charts  |  Profile  |  Financials  |  Options  |  Price History  |  Analysts  |  Earnings  |  Insiders

Surge Energy Inc V.SGY

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  T.SGY | ZPTAF | T.SGY.R | T.SGY.O

Price: $3.78 | Change: $-0.08 | %Change: -2.07%
Volume: 1.8m | Day High/Low: 3.92/3.70 | 52 Week High/Low: 8.82/2.23
View modes: 
0 stars

RE:SGY Debt

I thought they had just recently announced that they'd cashed in their hedges, paid down debt and set up a new hedging program for the balance of 2015.  Unless I am mixing up my stocks here, but I'm...read more
0 stars

Going forward not looking good.

Very bearish from all sides. Imo  rate and reply
0 stars

RE:Consolidations are coming

SGY & LEG are two potential candidate for take over by CPG.... CPG will buy it for $4.00 - $4.50.....  rate and reply
0 stars

RE:sub $30 oil on the way

this will be a much longer haul than most had anticipated , I think it was more about hope that prices would recover as most  hedges ran out by june  ... now I think $60 wti  is the best one could...read more
0 stars

Consolidations are coming

CPG announced they are patiently mulling various opportunities...A most likely candidate for takeover is Surge.  rate and reply
3 stars

Going forward..

As all Analysts have their own predictions on the direction of oil prices, still no one knows for sure and are making their best guess. Almost all oil companies have lots of debt. Their reserves...read more
3 stars

RE:SGY Debt

Now all lines of credits will be adjusted to resrves value , so trim at least 30 % of last year reservres. This will be another company in the bankers hands, lots of consolidations coming or another...read more
0 stars

SGY Debt

Below is a cut and paste from the 2014 Q3 report.  Apparently, the bank debt as of that date is $453 M (Nearly double from the year prior).  There is $270M wiggle room here but my concern is that the...read more
3.5 stars

Back in at 2.86

bottom is near on oil.  With breakup coming, more and more rigs will hit the sidelines and very few companies have plans to bring them back post breakup. It will take awhile but the market is always...read more
3 stars

RE:RE:RE:RE:RE:Getting a little tired

T, you are bang on, thing of it is most of us are happy to load up on more debt.  Eat our big macs, watch television and go to work.  People keep saying yeah I owe a tonne of money but they don't seem...read more
0 stars

RE:RE:RE:RE:Getting a little tired

MM, read The Creature of Jekyll Island to get a real lowdown on what is happening out there. Eye opening book. And, you are right, it is the bankers that create the problems. Specifically, the US...read more
0 stars

INvestopedia

Thx Punjab... excellent website.... and an easy read . Will refer to it in future!  rate and reply
5 stars

RE:RE:RE:Getting a little tired

Pandora, my sentiments exactly.  My experience in the market suggets to me that fundamentals have little meaning anymore.  The market seems to push equities, commodoties, curency's in which ever...read more
0 stars

RE:Educate me please

http://www.investopedia.com/university/shortselling/shortselling1.asp Short Selling: What Is Short Selling? By Investopedia Staff First, let's describe what short selling means when you...read more
0 stars

RE:RE:Educate me please

For oil for example.... you get paid if you are short on WTI or Brent and you pay if you are long. please explain how does one get paid to be short WTI or brent ?  rate and reply
0 stars

RE:Educate me please

I dont know for stock...sincein tfsa...you cannokt short. However, for currency, there is no deadline. I amwith ouanda and i can open a position for 1 year. On some currency pair...you pay interest...read more
0 stars

Educate me please

Re: Shorting... Been a long-time retail Investor... was never interested in the Shorting scenario but I have often wondered, is there a time limit that a Short must be closed out by once it has been...read more
5 stars

Got to let the big funds make their money shorting first

Retail investors like us can only pick away and buy oil or oil related companies that they think can weather out this $40-$55 cost. I bought some more today under $3 along with a few other oil stocks....read more
0 stars

Under 3 bucks = Margin Calls

Could see larger sell off as margin accounts get called while the SP is under 3 bucks.  Let's see what happens.  Maybe a better buying opportunity?  rate and reply
0 stars

Markets way down today.

Taking stocks down. Just one of those days. Next week is another week. All about market sentiment. imo  rate and reply