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ZPTAF / Surge Energy Offers A Generous 6% Dividend Yield, But I Prefer The Debentures

Surge Energy Offers A Generous 6% Dividend Yield, But I Prefer The Debentures
Surge Energy recently closed a C$202M acquisition which boosted its production rate by about 20%. The company was free cash flow positive in Q1 but has been 'overspending' on its dividend based on its own capital allocation framework. Read More
Posted: May 13 2023, 11:45
Author Name: Seeking Alpha
Views: 102566

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Surge Energy Offers A 6.75% YTM On A 10 Month Debenture

By Seeking Alpha
August 20, 2023

Surge Energy Offers A 6.75% YTM On A 10 Month Debenture

Surge Energy benefits from a narrowing WCS differential, boosting cash flow results in Q2. The company plans to exit 2023 with a production rate 6% hi more_horizontal

Surge Energy Offers A Generous 6% Dividend Yield, But I Prefer The Debentures

By Seeking Alpha
May 13, 2023

Surge Energy Offers A Generous 6% Dividend Yield, But I Prefer The Debentures

Surge Energy recently closed a C$202M acquisition which boosted its production rate by about 20%. The company was free cash flow positive in Q1 but ha more_horizontal

Surge Energy: Shareholder Payday Possibly Postponed (Technical Analysis)

By Seeking Alpha
January 20, 2023

Surge Energy: Shareholder Payday Possibly Postponed (Technical Analysis)

Surge is currently yielding out at 5%, but is it enough? Surge jumped at the opportunity to buy Enerplus's Canadian assets for $245 million, setting t more_horizontal

Surge Energy Implies Doubling The Shareholder Rewards By Next Summer

By Seeking Alpha
November 3, 2022

Surge Energy Implies Doubling The Shareholder Rewards By Next Summer

Surge Energy reported strong cash flow results despite a realized loss on the hedge book. The company repaid one of the debentures early, the 6.75% 20 more_horizontal

Surge Energy: Expect In Excess Of C$1.5/Share In Free Cash Flow This Year

By Seeking Alpha
April 16, 2022

Surge Energy: Expect In Excess Of C$1.5/Share In Free Cash Flow This Year

Surge Energy is on the right track to post an excellent free cash flow result this year, despite some residual hedges. This makes me feel very comfort more_horizontal


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