Should I buy SGY stock?

There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should “hold” Surge Energy stock.

Did surge energy do a reverse split?

A split is applied today to Surge Energy Inc.’s stock price….SURGE ENERGY INC. : REVERSE SPLIT: 1 of 8.5.

1d ago Canada oil producers grapple with Trudeau’s demand for faster emissions cuts
10/04 Surge Energy : to buy Fire Sky Energy in deal worth $58 million

What does surge energy do?

Surge Energy is a production company focused on the acquisition and development of onshore oil and gas properties in the United States. Surge Energy is headquartered in Houston, Texas and currently holds approximately 113,000 net acres in the Permian Basin.

What does it mean to consolidate shares?

A reduction in the number of issued and outstanding shares that increases a shareholder’s per share value proportionately. After a share consolidation, a current shareholder holds fewer shares, but each share is proportionately worth more.

Who owns surge?

Surge (sometimes styled as SURGE) is a citrus-flavored soft drink first produced in the 1990s by The Coca-Cola Company to compete with Pepsi’s Mountain Dew….Surge (drink)

Type Citrus soda
Manufacturer The Coca-Cola Company
Country of origin United States

What is the company surge?

Company SurgeĀ® tells you which businesses are researching the products or services that you and your competitors sell. And it’s integrated directly into your processes to align sales and marketing around prospects that are in market. This is B2B purchase intent data.

Is consolidation good for stocks?

Consolidation is neither positive nor negative on its own. Sometimes a consolidation period emerges after a healthy price movement. Traders, careful about possible overbought or oversold positions, may look to smooth out movements before another trend emerges.

Is Stock consolidation Good or Bad?

It has no negative impact on your end. Share consolidation reduces ALL the shares held by the shareholders and when every shareholders get affected no one loses out. No doubt the number of your shares is lesser, but the percentage ownership and value of your investment remain the same.

Why was Surge banned?

Rumors of high caffeine and sugar levels began to spread so rampantly that it actually hit news/media as early as August, 1997, SURGE’s debut year. Schools began to ban the soda from vending machines and parents stopped buying SURGE for their children.