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To: Goose94 who wrote (149089)	7/24/2023 2:51:37 PM
From: Goose94	Respond to of 203330

Surge Energy (SGY-T) tied it's two and half month high

To: Goose94 who wrote (149089)	10/3/2023 6:16:14 PM
From: Goose94	Respond to of 203330

Surge Energy (SGY-T) top pick from Michael Decter on BNN.ca Market Call Tuesday October 3rd @ 1200ET We like Surge given its positive correlation/sensitivity to commodity prices, particularly heading into the second half of 2023. Management has done a solid job on execution, which will help support an inflection to return on invested capital. From a capital allocation standpoint, there is a high probability that the company chooses to boost its dividend with optionality to buy back shares in the first half of 2024. Finally, its solid asset base is supported with multi-laterals with Sparky outperforming expectations and expanding with multi-lats. Overall, we see a solid set-up for the company with strong macro fundamentals supporting the stock.