Surge Energy Inc. (TSX:SGY)

Canada flag Canada · Delayed Price · Currency is CAD
9.76
+0.06 (0.62%)
May 11, 2026, 4:00 PM EST
Market Cap964.69M +95.8%
Revenue (ttm)423.39M -22.6%
Net Income7.33M
EPS0.07
Shares Out98.84M
PE Ratio130.98
Forward PE14.79
Dividend0.52 (5.33%)
Ex-Dividend DateApr 30, 2026
Volume886,155
Average Volume967,802
Open9.85
Previous Close9.70
Day's Range9.66 - 9.93
52-Week Range5.10 - 10.17
Beta0.67
RSI58.08
Earnings DateMay 6, 2026

About Surge Energy

Surge Energy Inc. engages in the exploration, development, and production of oil and gas properties in Western Canada. It holds interests in the oil and natural gas producing properties located in Sparky Alberta and Southeast Saskatchewan, as well as in Greater Sawn and Nevis, and Manitoba properties. The company was formerly known as Zapata Energy Corporation and changed its name to Surge Energy Inc. in June 2010. Surge Energy Inc. was incorporated in 1998 and is headquartered in Calgary, Canada. [Read more]

Sector Energy
Founded 1998
Employees 86
Stock Exchange Toronto Stock Exchange
Ticker Symbol SGY
Full Company Profile

Financial Performance

Financial Statements

News

Surge Energy upgraded to Outperform from Market Perform at Raymond James

Raymond James upgraded Surge Energy (ZPTAF) to Outperform from Market Perform with a price target of C$11, up from C$9. The firm says strip pricing over the next few years

6 weeks ago - TheFly

Surge Energy downgraded to Market Perform from Outperform at Raymond James

Raymond James downgraded Surge Energy (ZPTAF) to Market Perform from Outperform with a C$9 price target Energy subsectors have broadly outperformed levels implied by commodity moves, and some outperfo...

5 months ago - TheFly

Surge Energy management to meet with Roth Capital

Meeting to be held in New York on October 8 and in Boston on October 9 hosted by Roth Capital.

7 months ago - TheFly

Surge Energy price target raised to C$9.50 from C$9 at National Bank

National Bank raised the firm’s price target on Surge Energy (ZPTAF) to C$9.50 from C$9 and keeps an Outperform rating on the shares.

10 months ago - TheFly

Surge Energy price target raised to C$9 from C$8 at Canaccord

Canaccord raised the firm’s price target on Surge Energy (ZPTAF) to C$9 from C$8 and keeps a Buy rating on the shares.

10 months ago - TheFly

Surge Energy price target raised to C$9 from C$8 at Raymond James

Raymond James raised the firm’s price target on Surge Energy (ZPTAF) to C$9 from C$8 and keeps an Outperform rating on the shares.

10 months ago - TheFly

Surge Energy price target raised to C$10 from C$9 at BMO Capital

BMO Capital raised the firm’s price target on Surge Energy (ZPTAF) to C$10 from C$9 and keeps an Outperform rating on the shares.

10 months ago - TheFly

Surge Energy price target raised to C$9 from C$8.50 at Roth Capital

Roth Capital raised the firm’s price target on Surge Energy (ZPTAF) to C$9 from C$8.50 and keeps a Buy rating on the shares post the Q2 report. The company increased

10 months ago - TheFly

Surge Energy initiated with a Buy at Roth Capital

Roth Capital analyst Jamie Somerville initiated coverage of Surge Energy (ZPTAF) with a Buy rating and C$8.50 price target The firm says Surge’s recent operational results are trending above previous

10 months ago - TheFly

Surge Energy upgraded to Outperform from Market Perform at Raymond James

Raymond James upgraded Surge Energy (ZPTAF) to Outperform from Market Perform with a price target of C$8, up from C$6. The firm highlights continued operational momentum at Hope Valley and

11 months ago - TheFly

Surge Energy upgraded to Outperform from Market Perform at Raymond James

Raymond James upgraded Surge Energy (ZPTAF) to Outperform from Market Perform with an C$8 price target

11 months ago - TheFly

Surge Energy price target lowered to C$9 from C$10 at National Bank

National Bank lowered the firm’s price target on Surge Energy (ZPTAF) to C$9 from C$10 and keeps an Outperform rating on the shares.

1 year ago - TheFly

Surge Energy downgraded at Raymond James on decreased cash flow estimates

As previously reported, Raymond James downgraded Surge Energy (ZPTAF) to Market Perform from Outperform with a price target of C$6, down from C$8.50. The firm lowered production estimates 4% in

1 year ago - TheFly

Surge Energy downgraded to Market Perform from Outperform at Raymond James

Raymond James downgraded Surge Energy (ZPTAF) to Market Perform from Outperform with a price target of C$6, down from C$8.50.

1 year ago - TheFly

Surge Energy price target lowered to C$8.50 from C$9 at Raymond James

Raymond James lowered the firm’s price target on Surge Energy (ZPTAF) to C$8.50 from C$9 and keeps an Outperform rating on the shares.

1 year ago - TheFly

Surge Energy price target lowered to C$10.50 from C$11 at Canaccord

Canaccord lowered the firm’s price target on Surge Energy (ZPTAF) to C$10.50 from C$11 and keeps a Buy rating on the shares.

1 year ago - TheFly

Surge Energy initiated with an Outperform at Raymond James

Raymond James initiated coverage of Surge Energy (ZPTAF) with an Outperform rating and C$9 price target The firm thinks positioning of the small-cap oil and gas producer group looks compelling

1 year ago - TheFly

Surge Energy price target raised to C$11 from C$10 at BMO Capital

BMO Capital raised the firm’s price target on Surge Energy to C$11 from C$10 and keeps an Outperform rating on the shares.

1 year ago - TheFly

Surge Energy reinstated with an Outperform at BMO Capital

BMO Capital analyst Jeremy McCrea reinstated coverage of Surge Energy with an Outperform rating and C$10 price target. The analyst sees the potential for outsized gains, saying better well performance

2 years ago - TheFly

Surge Energy price target lowered to C$11 from C$13 at National Bank

National Bank analyst Dan Payne lowered the firm’s price target on Surge Energy to C$11 from C$13 and keeps an Outperform rating on the shares.

2 years ago - TheFly

Surge Energy Inc. Announces $42 Million Convertible Debenture Bought Deal Financing and Intention to Redeem Existing Convertible Debentures Due June 30, 2024

CALGARY, Alberta, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Surge Energy Inc. (“Surge” or the “Company”) (TSX: SGY) is pleased to announce a public offering (the “Offering”) on a “bought deal” basis, of $42 ...

2 years ago - GlobeNewsWire

Surge Energy America and NexTier Oilfield Solutions Announce Record-Breaking Completion Efficiency and Emissions Reductions Through Strong Partnership

HOUSTON , Aug. 17, 2023 /PRNewswire/ -- Surge Energy US Holdings Company ("Surge" or the "Company") announces jointly with NexTier Oilfield Solutions ("NexTier") record-breaking completion efficiency ...

2 years ago - PRNewsWire

Surge Energy Inc. Announces Upsizing of Previously Announced Equity Financing

CALGARY, Alberta, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Surge Energy Inc. (“Surge”, “SGY”, or the “Company”) (TSX: SGY) is pleased to announce that, as a result of excess demand, it has agreed with the sy...

3 years ago - GlobeNewsWire

Surge Energy Inc. Announces a $245 Million ($200 Million Net) Strategic Core Area Acquisition and Financings; Anticipated 14% Dividend Increase; Increased 2022 Production Rate Exit Guidance; and Preliminary 2023 Estimates

CALGARY, Alberta, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Surge Energy Inc. (“Surge”, “SGY”, or the “Company”) (TSX: SGY) is pleased to announce that it has entered into a definitive purchase and sale agree...

3 years ago - GlobeNewsWire