TSE:SGY Surge Energy (SGY) Stock Price, News & Analysis → Discover little-known stocks with HUGE potential to soar in 2024 (From StockWireNews) (Ad) Free SGY Stock Alerts C$7.29 +0.08 (+1.11%) (As of 05/31/2024 ET) Add Compare Share Share Today's RangeC$7.20▼C$7.3150-Day RangeC$6.88▼C$8.0952-Week RangeC$5.89▼C$9.77Volume569,813 shsAverage Volume462,115 shsMarket CapitalizationC$733.23 millionP/E Ratio4.50Dividend Yield6.58%Price TargetC$11.79 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Surge Energy alerts: Email Address Surge Energy MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside61.7% UpsideC$11.79 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.92Based on 3 Articles This WeekInsider TradingSelling SharesC$129,053 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.01 out of 5 stars 3.5 Analyst's Opinion Consensus RatingSurge Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageSurge Energy has only been the subject of 1 research reports in the past 90 days.Read more about Surge Energy's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for SGY. Previous Next 2.5 Dividend Strength Dividend LeadershipSurge Energy is a leading dividend payer. It pays a dividend yield of 6.98%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSurge Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Surge Energy is 29.63%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Surge Energy's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SGY. Previous Next 2.7 News and Social Media Coverage News SentimentSurge Energy has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Surge Energy this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for SGY on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Surge Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Surge Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$129,053.00 in company stock.Percentage Held by InsidersOnly 1.99% of the stock of Surge Energy is held by insiders.Percentage Held by InstitutionsOnly 4.43% of the stock of Surge Energy is held by institutions.Read more about Surge Energy's insider trading history. Previous Next 3.1 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Surge Energy is 4.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Surge Energy is 4.50, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 211.96.Price to Earnings Growth RatioSurge Energy has a PEG Ratio of 0.59. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioSurge Energy has a P/B Ratio of 0.88. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Surge Energy's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad WealthPressNew trading system called MSFT, NVDA & MSFTLook 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.Just follow this link here! About Surge Energy Stock (TSE:SGY)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 SGY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SGY Stock News HeadlinesMay 27, 2024 | americanbankingnews.comSurge Energy Inc. (TSE:SGY) Given Average Rating of "Buy" by AnalystsMay 25, 2024 | theglobeandmail.comClosing Bell: Surge Energy Inc flat on Friday (SGY)May 9, 2024 | markets.businessinsider.comStifel Nicolaus Keeps Their Buy Rating on Surge Energy (ZPTAF)May 8, 2024 | markets.businessinsider.comSurge Energy earnings: here's what Wall Street expectsMay 8, 2024 | finance.yahoo.comSURGE ENERGY INC. ANNOUNCES FIRST QUARTER FINANCIAL & OPERATING RESULTS; OPERATIONS UPDATE; EXPANDED FIRST LIEN REVOLVING CREDIT FACILITY; RELEASE OF 2023 SUSTAINABILITY REPORTApril 26, 2024 | finance.yahoo.comSurge Energy Inc. (TSE:SGY) Pays A CA$0.04 Dividend In Just Two DaysApril 25, 2024 | yahoo.comI use this surge protector to plug in tons of items in one spot — and it's on sale for just $10 (50% off) at AmazonApril 18, 2024 | finance.yahoo.comSurge Energy (TSE:SGY) Has Announced A Dividend Of CA$0.04April 15, 2024 | finance.yahoo.comSURGE ENERGY INC. CONFIRMS MAY 2024 DIVIDENDApril 13, 2024 | msn.comSurge (2020) Streaming: Watch & Stream Online via Amazon Prime VideoApril 13, 2024 | msn.comWhy Surge Was Discontinued (And Where To Find It In 2024)April 9, 2024 | bloomberg.comEuropean Nuclear Plants Put Out of Work by Green Power SurgeMarch 28, 2024 | msn.comMaster Your Taxes: Get More Back from the CRA This YearMarch 26, 2024 | seekingalpha.comSGY:CA Surge Energy Inc.March 23, 2024 | finance.yahoo.comSurge Energy Inc. (TSE:SGY) Stock Goes Ex-Dividend In Just Three DaysMarch 20, 2024 | msn.comEnergy Suppliers Are Racing to Keep Up with the Data-Driven Energy SurgeMarch 15, 2024 | finance.yahoo.comSURGE ENERGY INC. CONFIRMS APRIL 2024 DIVIDENDMarch 11, 2024 | seekingalpha.comSurge Energy: Trading At Just 6 Times Free Cash Flow At US$75 WTIMarch 4, 2024 | msn.comWhy surge pricing isn't coming to a fast food menu near youMarch 1, 2024 | news.yahoo.comWendy's 'surge pricing' debacle: NY politician, social media users decry rumored moveFebruary 28, 2024 | msn.comCountry’s power surge could affect the entire nuclear landscape: ‘A key element’February 15, 2024 | msn.com11 Investigates: Power surge takes out appliances, power company won’t cover damageFebruary 15, 2024 | finance.yahoo.comSURGE ENERGY INC. CONFIRMS MARCH 2024 DIVIDENDFebruary 14, 2024 | finance.yahoo.comSurge Energy Inc. (CA86880Y8779.SG)February 6, 2024 | msn.comHidden Gem: This Dividend Stock, Down 30.5%, Is a Must-BuySee More Headlines Receive SGY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Surge Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 5/15 Dividend4/29/2024Last Earnings5/08/2024Dividend Payable5/15/2024Today5/31/2024Ex-Dividend for 6/17 Dividend5/31/2024Dividend Payable6/17/2024Next Earnings (Estimated)8/07/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorEnergy Industry Oil & Gas E&P Sub-IndustryN/A Current SymbolTSE:SGY CUSIPN/A CIKN/A Webwww.surgeenergy.ca Phone+1-403-9301010FaxN/AEmployees93Year FoundedN/APrice Target and Rating Average Stock Price TargetC$11.79 High Stock Price TargetC$14.00 Low Stock Price TargetC$10.00 Potential Upside/Downside+61.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)C$1.62 Trailing P/E Ratio4.50 Forward P/E Ratio9.59 P/E Growth0.59Net IncomeC$-2,670,000.00 Net Margins-0.48% Pretax MarginN/A Return on Equity-0.32% Return on Assets1.40% Debt Debt-to-Equity Ratio34.03 Current Ratio0.38 Quick Ratio0.40 Sales & Book Value Annual SalesC$553.71 million Price / Sales1.32 Cash FlowN/A Price / Cash FlowN/A Book ValueC$8.26 per share Price / Book0.88Miscellaneous Outstanding Shares100,580,000Free FloatN/AMarket CapC$733.23 million OptionableNot Optionable Beta2.66 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Paul Colborne (Age 65)President, CEO & Director Comp: $984.62kMr. Jared DucsChief Financial OfficerMr. Murray ByeChief Operating OfficerMs. Margaret Ann ElekesSenior Vice President of Land & Business DevelopmentMr. Derek Wayne Christie B.Sc.P.Geol., Senior Vice President of GeosciencesMr. Michael James BennettCorporate SecretaryMore ExecutivesKey CompetitorsAthabasca OilTSE:ATHNuVista EnergyTSE:NVAVermilion EnergyTSE:VETParex ResourcesTSE:PXTInternational PetroleumTSE:IPCOView All CompetitorsInsidersJared Andrew Renton DucsSold 12,515 sharesTotal: C$99,869.70 ($7.98/share)Jared Andrew Renton DucsSold 3,933 sharesTotal: C$29,182.86 ($7.42/share)Peter Dan O'neilSold 7,511 sharesTotal: C$51,525.46 ($6.86/share)View All Insider Transactions SGY Stock Analysis - Frequently Asked Questions Should I buy or sell Surge Energy stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Surge Energy in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SGY shares. View SGY analyst ratings or view top-rated stocks. What is Surge Energy's stock price target for 2024? 7 equities research analysts have issued 1-year price objectives for Surge Energy's stock. Their SGY share price targets range from C$10.00 to C$14.00. On average, they expect the company's stock price to reach C$11.79 in the next year. This suggests a possible upside of 61.7% from the stock's current price. View analysts price targets for SGY or view top-rated stocks among Wall Street analysts. How have SGY shares performed in 2024? Surge Energy's stock was trading at C$6.48 at the beginning of the year. Since then, SGY shares have increased by 12.5% and is now trading at C$7.29. View the best growth stocks for 2024 here. When is Surge Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our SGY earnings forecast. How were Surge Energy's earnings last quarter? Surge Energy Inc. (TSE:SGY) released its earnings results on Wednesday, May, 8th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by $0.17. The business had revenue of $158.17 million for the quarter, compared to analysts' expectations of $158.95 million. Surge Energy had a negative net margin of 0.48% and a negative trailing twelve-month return on equity of 0.32%. How often does Surge Energy pay dividends? What is the dividend yield for Surge Energy? Surge Energy declared a monthly dividend on Friday, May 31st. Stockholders of record on Monday, June 17th will be paid a dividend of 0.04 per share on Monday, June 17th. This represents a $0.48 annualized dividend and a dividend yield of 6.58%. The ex-dividend date is Friday, May 31st. Read our dividend analysis for SGY. Is Surge Energy a good dividend stock? Surge Energy (TSE:SGY) pays an annual dividend of C$0.48 per share and currently has a dividend yield of 6.98%. SGY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 29.63%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for SGY. What other stocks do shareholders of Surge Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other Surge Energy investors own include Whitecap Resources (WCP), Baytex Energy (BTE), Enbridge (enb), Vermilion Energy (VET), ARC Resources (ARX), Suncor Energy (SU), Manulife Financial (MFC), Pembina Pipeline (PPL), Crescent Point Energy (CPG) and Canadian Natural Resources (CNQ). How do I buy shares of Surge Energy? Shares of SGY stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. 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