SURGE ENERGY INCO. sees a downgrade to Negative on account of less fundamental stars
The independent financial analyst theScreener just lowered the general evaluation of SURGE ENERGY INCO. (CA), active in the Exploration & Production industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Negative. As of the analysis date July 10, 2020, the closing price was CAD 0.32 and its target price was estimated at CAD 0.15.Surge Energy is an oil and natural gas company engaged in the exploration, development and production of petroleum and natural gas reserves in Western Canada. As of Dec 31 2010, Co.'s total net proved reserves for light and medium crude oil, heavy crude oil, natural gas liquids and natural gas were 3,760,100 barrels, 2,418,200 barrels, 570,900 barrels and 31,031,000,000 cubic feet, respectively.
Empowering Investors
theScreener is the market leader for independent valuations of financial securities, equities, sectors and markets, and new funds. theScreener's ratings, analyses are used by leading banks, asset managers and financial portals. Approximately 10,000 workstations benefit from theScreener's services, with over millions of customer accounts actively analysed.
- Worldwide coverage: theScreener analyses cover around 6'500 Stocks, i.e 95% of the world Market Capitalization. theScreener state of art: We provide
- theScreener state of art: We provide easy to use and complete analyses over Stocks, including Fundamentals / Technical / Risk/ Peer / Alternatives analyses.
- For Research Pool community, we provide twice a week around 500 new equity analyses. We produce analyses about equities which have been upgraded or downgraded.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.