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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (50971)11/20/2018 5:46:52 AM
From: Goose94Read Replies (1) of 202704
 
Surge Energy (SGY-T) top pick from Josef Schachter on BNN.ca Market Call Monday Nov 19th @ 1200ET

Surge reported Q3/18 production of 23,529 boe/d (85 per cent liquids) and will be seeing even more growth as they integrate a new acquisition. Book value is $3.06 per share and cash flow in 2018 should be $0.65 per share. The company pays a very healthy dividend, which is expected to rise to $0.125 per share annually and paid monthly. This provides a potential 2019 yield of 7.3 per cent. We have a one-year stock price target of $3.70 per share. A great total return story.
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