Q2 Earnings Estimate for Surge Energy Issued By Roth Capital

Surge Energy Inc. (TSE:SGY - Free Report) - Roth Capital issued their Q2 2025 earnings estimates for shares of Surge Energy in a report issued on Sunday, July 13th. Roth Capital analyst J. Somerville expects that the company will post earnings per share of $0.37 for the quarter. Roth Capital has a "Strong-Buy" rating on the stock. Roth Capital also issued estimates for Surge Energy's Q3 2025 earnings at $0.08 EPS, Q4 2025 earnings at ($0.02) EPS, FY2025 earnings at $0.51 EPS, Q1 2026 earnings at $0.00 EPS, Q2 2026 earnings at $0.03 EPS, Q3 2026 earnings at $0.13 EPS, Q4 2026 earnings at $0.14 EPS and FY2026 earnings at $0.30 EPS.

Separately, Raymond James Financial raised shares of Surge Energy from a "hold" rating to a "moderate buy" rating and raised their price objective for the stock from C$6.00 to C$8.00 in a research note on Thursday, July 3rd. One analyst has rated the stock with a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Strong Buy" and a consensus price target of C$10.00.

Surge Energy Price Performance

Shares of SGY traded down C$0.07 during mid-day trading on Wednesday, hitting C$6.84. The company's stock had a trading volume of 554,518 shares, compared to its average volume of 562,906. The company has a debt-to-equity ratio of 31.48, a current ratio of 0.66 and a quick ratio of 0.40. The firm has a 50-day moving average price of C$5.94 and a 200 day moving average price of C$5.63. Surge Energy has a fifty-two week low of C$4.37 and a fifty-two week high of C$7.27. The stock has a market capitalization of C$687.85 million, a price-to-earnings ratio of -8.58, a PEG ratio of 0.59 and a beta of 2.54.

Insider Transactions at Surge Energy

In related news, Senior Officer Murray Bye bought 11,845 shares of Surge Energy stock in a transaction that occurred on Friday, May 9th. The stock was purchased at an average cost of C$4.88 per share, for a total transaction of C$57,803.60. 1.97% of the stock is owned by company insiders.

Surge Energy Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 15th. Investors of record on Friday, August 15th will be given a dividend of $0.0433 per share. This represents a $0.52 annualized dividend and a yield of 7.60%. The ex-dividend date is Thursday, July 31st. Surge Energy's payout ratio is presently -65.21%.

Surge Energy Company Profile

Surge Energy Inc is engaged in the exploration, development, and production of oil and gas from properties in western Canada. The company generates its revenue from the sale of petroleum and natural gas products such as Oil, Natural gas liquids and Natural gas, of which a majority of the revenue is derived from the sale of oil.