Atb Cap Markets Expects Reduced Earnings for Surge Energy

Key Points

• Atb Cap Markets has reduced their Q3 2025 EPS estimate for Surge Energy from $0.19 to $0.18, indicating a downward adjustment in earnings expectations.
• The company has recently issued a monthly dividend of $0.0433 per share, with an annualized yield of 6.80% for investors.
• Analysts generally remain optimistic about Surge Energy, with three analysts giving a buy rating and an average price target set at C$9.89.

Surge Energy Inc. (TSE:SGY - Free Report) - Equities research analysts at Atb Cap Markets decreased their Q3 2025 earnings per share estimates for Surge Energy in a note issued to investors on Monday, July 28th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings per share of $0.18 for the quarter, down from their previous estimate of $0.19. Atb Cap Markets also issued estimates for Surge Energy's Q4 2025 earnings at $0.12 EPS, FY2025 earnings at $0.70 EPS, Q1 2026 earnings at $0.11 EPS, Q2 2026 earnings at $0.10 EPS, Q3 2026 earnings at $0.10 EPS, Q4 2026 earnings at $0.10 EPS, FY2026 earnings at $0.40 EPS and FY2027 earnings at $0.30 EPS.

A number of other equities research analysts also recently weighed in on SGY. ATB Capital raised their price target on Surge Energy from C$7.50 to C$8.25 and gave the company an "outperform" rating in a research report on Tuesday. Raymond James Financial raised their price target on Surge Energy from C$8.00 to C$9.00 and gave the company an "outperform" rating in a research report on Tuesday. Finally, Roth Capital set a C$8.50 price target on Surge Energy and gave the company a "buy" rating in a research report on Monday, July 14th. Two equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Surge Energy currently has an average rating of "Strong Buy" and an average price target of C$9.89.

Surge Energy Price Performance

TSE:SGY traded down C$0.06 during trading hours on Wednesday, hitting C$7.30. 595,398 shares of the company's stock traded hands, compared to its average volume of 571,280. The firm has a market cap of C$734.11 million, a P/E ratio of -9.15, a P/E/G ratio of 0.59 and a beta of 2.54. Surge Energy has a 52 week low of C$4.37 and a 52 week high of C$7.84. The business's fifty day simple moving average is C$6.34 and its two-hundred day simple moving average is C$5.71. The company has a quick ratio of 0.40, a current ratio of 0.66 and a debt-to-equity ratio of 31.48.

Insider Activity

In other news, Director Allison Michelle Maher sold 13,100 shares of Surge Energy stock in a transaction dated Wednesday, July 30th. The stock was sold at an average price of C$7.64, for a total value of C$100,070.90. Also, Senior Officer Murray Bye acquired 11,845 shares of the firm's stock in a transaction dated Friday, May 9th. The stock was bought at an average price of C$4.88 per share, for a total transaction of C$57,803.60. 1.97% of the stock is currently owned by insiders.

Surge Energy Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, August 15th. Stockholders of record on Friday, August 15th will be issued a $0.0433 dividend. The ex-dividend date is Thursday, July 31st. This represents a c) annualized dividend and a dividend yield of 7.1%. Surge Energy's payout ratio is currently -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.