Surge Energy Inc. (TSX:SGY)
Canada · Delayed Price · Currency is CAD | Market Cap | 912.77M +51.9% |
| Revenue (ttm) | 479.11M -12.8% |
| Net Income | 7.33M |
| EPS | 0.07 |
| Shares Out | 100.19M |
| PE Ratio | 123.04 |
| Forward PE | 6.77 |
| Dividend | 0.52 (5.65%) |
| Ex-Dividend Date | Jun 30, 2026 |
| Volume | 407,331 |
| Open | 9.22 |
| Previous Close | 9.20 |
| Day's Range | 9.02 - 9.22 |
| 52-Week Range | 6.42 - 10.65 |
| Beta | 0.62 |
| Analysts | Strong Buy |
| Price Target | 13.08 (+43.58%) |
| Earnings Date | Jul 29, 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]
Financial Performance
Financial StatementsAnalyst Summary
According to 10 analysts, the average rating for SGY stock is "Strong Buy." The 12-month stock price target is $13.08, which is an increase of 43.58% from the latest price.
News
Surge Energy Slides: Corporate presentation
Surge Energy has posted slides in relation to its latest quarterly earnings report, which was published on July 8, 2026.
Surge Energy price target raised to C$13 from C$12 at BMO Capital
BMO Capital raised the firm’s price target on Surge Energy (ZPTAF) to C$13 from C$12 and keeps an Outperform rating on the shares.
Surge Energy Transcript: AGM 2026
The meeting covered director elections, auditor appointment, and review of 2025 financials. All motions passed by majority vote, with no questions raised by shareholders. Voting results will be published on SEDAR and the company website.
Surge Energy Earnings release: Q1 2026
Surge Energy released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.
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…
Surge Energy Earnings release: Q4 2025
Surge Energy released its Q4 2025 earnings on March 4, 2026, summarizing the period's financial results.
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...
Surge Energy Earnings release: Q3 2025
Surge Energy released its Q3 2025 earnings on November 5, 2025, summarizing the period's financial results.
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.
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.
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.
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.
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.
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…
Surge Energy Earnings release: Q2 2025
Surge Energy released its Q2 2025 earnings on July 28, 2025, summarizing the period's financial results.
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…
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…
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
Surge Energy Transcript: AGM 2025
The meeting covered board elections, auditor appointment, and review of 2024 financials. All motions passed by majority vote, with no questions submitted. Outgoing directors were recognized, and recent strong financial performance was highlighted.
Surge Energy Earnings release: Q1 2025
Surge Energy released its Q1 2025 earnings on May 7, 2025, summarizing the period's financial results.
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.
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…
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.
Surge Energy Earnings release: Q4 2024
Surge Energy released its Q4 2024 earnings on March 5, 2025, summarizing the period's financial results.
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.