Q2 Earnings Forecast for Surge Energy Issued By Roth Capital

Surge Energy Inc. (TSE:SGY - Free Report) - Equities research analysts at Roth Capital issued their Q2 2025 earnings per share estimates for Surge Energy in a report released on Sunday, July 13th. Roth Capital analyst J. Somerville anticipates that the company will earn $0.37 per share 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 lifted their price target for the company from C$6.00 to C$8.00 in a research report on Thursday, July 3rd. One investment analyst has rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Surge Energy presently has a consensus rating of "Strong Buy" and an average price target of C$10.00.

Surge Energy Stock Down 1.2%

Shares of TSE:SGY traded down C$0.08 on Wednesday, reaching C$6.59. The company had a trading volume of 436,544 shares, compared to its average volume of 559,967. The company has a quick ratio of 0.40, a current ratio of 0.66 and a debt-to-equity ratio of 31.48. The stock has a market capitalization of C$662.71 million, a P/E ratio of -8.26, a P/E/G ratio of 0.59 and a beta of 2.54. The stock has a 50-day moving average price of C$5.83 and a 200 day moving average price of C$5.61. Surge Energy has a twelve month low of C$4.37 and a twelve month high of C$7.29.

Surge Energy Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, August 15th will be paid a dividend of $0.0433 per share. The ex-dividend date is Thursday, July 31st. This represents a $0.52 dividend on an annualized basis and a yield of 7.88%. Surge Energy's dividend payout ratio is currently -65.21%.

Insider Transactions at Surge Energy

In related news, Senior Officer Murray Bye acquired 11,845 shares of the company's stock in a transaction 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 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.