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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (52499)	12/18/2018 2:45:40 PM
From: Goose94	Read Replies (1) of 202700

Surge Energy (SGY-T) (revisited) top pick from Josef Schachter on BNN.ca Market Call Monday Dec 17th @ 1300ET Surge reported Q3/18 production of 18,029 barrels of oil equivalent per day (boe/d) at 85 per cent liquids and will be seeing even more growth as they integrate a new acquisition which will bring exit 2018 production over 23,000 boe/d. Book value is $3.06 per share, cash flow in 2018 should be $0.65 per share and $0.81 per share in 2019. Surge pays a very healthy dividend of $0.10 per share annually and it is paid per month which provides a yield of 6.8 per cent. We have a one year stock price target $3.70 per share. The stock is a great total return story.

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