Surge Energy Inc. (TSX: SGY)

Canada flag Canada · Delayed Price · Currency is CAD
7.01
+0.09 (1.30%)
May 17, 2024, 4:00 PM EDT
-7.28%
Market Cap 705.05M
Revenue (ttm) 612.94M
Net Income (ttm) -2.67M
Shares Out 100.58M
EPS (ttm) -0.04
PE Ratio 4.33
Forward PE 7.89
Dividend 0.48 (6.85%)
Ex-Dividend Date May 31, 2024
Volume 275,854
Open 6.97
Previous Close 6.92
Day's Range 6.94 - 7.05
52-Week Range 5.89 - 9.77
Beta 2.66
Analysts n/a
Price Target 11.50 (+64.05%)
Earnings Date Jul 31, 2024

About Surge Energy

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. Surge Energy Inc. was incorporated in 1998 and is headquartered in Calgary, Canada. [Read more]

Industry Oil & Gas E&P
Sector Energy
CEO Paul Colborne
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol SGY
Full Company Profile

Financial Performance

In 2023, Surge Energy's revenue was 558.64 million, a decrease of -23.94% compared to the previous year's 734.47 million. Earnings were 15.75 million, a decrease of -93.20%.

Financial Statements

News

SURGE ENERGY INC. CONFIRMS JUNE 2024 DIVIDEND

CALGARY, AB , May 15, 2024 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on June 17, 2024 , in respect of May 2024 production, for the share...

4 days ago - Benzinga

Surge Energy reports Q1 results

10 days ago - Seeking Alpha

SURGE ENERGY INC. ANNOUNCES FIRST QUARTER FINANCIAL & OPERATING RESULTS; OPERATIONS UPDATE; EXPANDED FIRST LIEN REVOLVING CREDIT FACILITY; RELEASE OF 2023 SUSTAINABILITY REPORT

CALGARY, AB , May 8, 2024 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce the Company's financial and operating results for the quarter ended March 31, 2024 , a...

11 days ago - Benzinga

SURGE ENERGY INC. CONFIRMS MAY 2024 DIVIDEND

CALGARY, AB , April 15, 2024 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on May 15, 2024 , in respect of April 2024 production, for the sh...

4 weeks ago - Benzinga

SURGE ENERGY INC. CONFIRMS APRIL 2024 DIVIDEND

CALGARY, AB , March 15, 2024 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on April 15, 2024 , in respect of March 2024 production, for the ...

2 months ago - Benzinga

SURGE ENERGY INC. ANNOUNCES RECORD ANNUAL PRODUCTION IN 2023; FOURTH QUARTER AND YEAR END FINANCIALS FOR 2023; 2023 YEAR END RESERVES

CALGARY, AB , March 6, 2024 /CNW/ - Surge Energy Inc. ("Surge", "SGY", or the "Company") (TSX: SGY) is pleased to announce its financial and operating results for the quarter and year ended December ...

2 months ago - Benzinga

SURGE ENERGY INC. CONFIRMS MARCH 2024 DIVIDEND

CALGARY, AB , Feb. 15, 2024 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on March 15, 2024 , in respect of February 2024 production, for th...

3 months ago - Benzinga

SURGE ENERGY INC. CONFIRMS FEBRUARY 2024 DIVIDEND

CALGARY, AB , Jan. 15, 2024 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on February 15, 2024 , in respect of January 2024 production, for ...

4 months ago - Benzinga

SURGE ENERGY INC. CONFIRMS JANUARY 2024 DIVIDEND

CALGARY, AB , Dec. 15, 2023 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on January 15, 2024 , in respect of December 2023 production, for ...

5 months ago - Benzinga

Surge Q3: Strong Cash Flows, Generous Dividend

Surge Energy Inc. is benefiting from strong oil prices. Read why my analysis of ZPTAF stock suggests a buy rating.

6 months ago - Seeking Alpha

Surge Energy: 2024 May Be The Year Of The Shareholder (Technical Analysis)

Surge Energy Inc. explores for, develops, and produces oil and gas in western Canada. Click here to read an analysis on ZPTAF stock now.

6 months ago - Seeking Alpha

Surge Energy GAAP EPS of C$0.16, revenue of C$184.48M; initiates Q4 and updates FY23 outlook

Surge Energy's Q3 results showed a GAAP EPS of $0.16 and a revenue of $184.48M.

7 months ago - Seeking Alpha

Surge Energy announces $42M convertible debenture offering

Surge Energy announces $42 million convertible debenture offering to fund redemption of existing debentures and consolidate financial position.

8 months ago - Seeking Alpha

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 ...

8 months 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 ...

9 months 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...

1 year 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...

1 year ago - GlobeNewsWire