Surge Energy Inc. (TSE:SGY – Free Report) – Equities researchers at Atb Cap Markets lifted their Q3 2025 EPS estimates for shares of Surge Energy in a research note issued on Thursday, March 6th. Atb Cap Markets analyst A. Arif now forecasts that the company will earn $0.21 per share for the quarter, up from their prior forecast of $0.18. Atb Cap Markets also issued estimates for Surge Energy’s Q4 2025 earnings at $0.19 EPS, FY2026 earnings at $0.52 EPS and FY2027 earnings at $0.21 EPS.
Separately, BMO Capital Markets cut their price target on shares of Surge Energy from C$11.00 to C$9.00 in a report on Friday, December 13th.
Surge Energy Stock Performance
Shares of SGY opened at C$5.40 on Monday. Surge Energy has a 52-week low of C$4.80 and a 52-week high of C$8.16. The company has a quick ratio of 0.40, a current ratio of 0.66 and a debt-to-equity ratio of 31.48. The firm has a market capitalization of C$543.04 million, a PE ratio of -6.77, a P/E/G ratio of 0.59 and a beta of 2.54. The firm has a 50-day moving average price of C$5.66 and a 200 day moving average price of C$5.83.
Surge Energy Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 17th will be paid a dividend of $0.0433 per share. This represents a $0.52 dividend on an annualized basis and a yield of 9.62%. The ex-dividend date of this dividend is Friday, February 28th. Surge Energy’s dividend payout ratio is presently -65.21%.
Insider Buying and Selling at Surge Energy
In other Surge Energy news, Director James Murray Pasieka sold 11,213 shares of the company’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of C$5.23, for a total transaction of C$58,643.99. Insiders own 1.97% of the company’s stock.
Surge Energy Company Profile
Surge Energy Inc explores, develops, and produces oil and gas in western Canada. Its principal properties are located in the areas of Sparky, Southeast Saskatchewan, Carbonates, Valhalla, and Shaunavon in Alberta and Saskatchewan. The company was formerly known as Zapata Energy Corporation and changed its name to Surge Energy Inc in June 2010.
Further Reading
- Five stocks we like better than Surge Energy
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- NVIDIA Stock Remains Stunningly Undervalued—Here’s Why
- Value Investing: Is it a Good Strategy in 2022? (Hint: Always)
- Oracle Stock: 5 Reasons This AI Powerhouse Is a Long-Term Buy
- What is the FTSE 100 index?
- U.S. Stocks Sink, Foreign Markets Soar: 3 ETFs to Ride the Wave
Receive News & Ratings for Surge Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Surge Energy and related companies with MarketBeat.com's FREE daily email newsletter.