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Surge Energy Inc. Investor Webinar (TSX: SGY)

Don’t miss out on our upcoming webinar where we’ll dive into Surge Energy's latest news! The webinar will also include a live Q&A session to answer your questions. ➡️ Surge Energy Inc. (#TSX: #SGY) is a leading #oil-focused #exploration and #production (E&P) company, producing 24,000 boepd, 87% levered to oil. Surge operates in two of the most economical plays in North America: the Sparky and SE Saskatchewan, offering significant drilling inventory. Surge strategically targets low-risk, high-quality conventional reservoirs and boasts over 2.5 billion barrels of net original oil in place (OOIP) with an 8.7% cumulative recovery factor to date. The Company’s yearly dividend of $0.52/share is paid monthly, and they also have an NCIB. They currently trade close to their PDP value of $5.69, at a steep discount to their 1P value of $10.86 and 2P value of $16.72, with a free cash flow yield of 10%. ➡️ SurgeEnergy Inc. Website: https://www.surgeenergy.ca/ ➡️ Fall 2024 Corporate Presentation: https://bit.ly/4dY2tnN ➡️ Once the webinar is over you can find the replay here: https://bit.ly/3YOPQG7 ➡️ Subscribe to our newsletter for news & events: https://www.adcap.ca/subscribe
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