Q3 Earnings Forecast for Surge Energy Issued By Roth Capital

Key Points

• Roth Capital has raised its Q3 2025 earnings per share forecast for Surge Energy to $0.14, up from a previous estimate of $0.08, maintaining a "Strong-Buy" rating on the stock.
• Raymond James Financial and ATB Capital have also increased their target prices for Surge Energy to C$9.00 and C$8.25, respectively, both issuing "outperform" ratings.
• Surge Energy announced a monthly dividend of $0.0433 per share with a yield of 6.80%, scheduled for payment on August 15th.

Surge Energy Inc. (TSE:SGY - Free Report) - Equities research analysts at Roth Capital lifted their Q3 2025 earnings per share estimates for Surge Energy in a research report issued on Tuesday, July 29th. Roth Capital analyst J. Somerville now expects that the company will post earnings per share of $0.14 for the quarter, up from their prior estimate of $0.08. Roth Capital currently has a "Strong-Buy" rating on the stock. Roth Capital also issued estimates for Surge Energy's FY2025 earnings at $0.52 EPS, Q2 2026 earnings at $0.04 EPS, Q3 2026 earnings at $0.14 EPS, Q4 2026 earnings at $0.15 EPS and FY2026 earnings at $0.34 EPS.

SGY has been the subject of a number of other reports. Raymond James Financial increased 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. ATB Capital increased 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. Two research analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Surge Energy currently has a consensus rating of "Strong Buy" and a consensus target price of C$9.89.

Surge Energy Stock Performance

Shares of SGY traded down C$0.06 on Wednesday, reaching C$7.30. 595,398 shares of the company's stock traded hands, compared to its average volume of 571,280. The company has a current ratio of 0.66, a quick ratio of 0.40 and a debt-to-equity ratio of 31.48. The stock has a market cap of C$734.11 million, a PE ratio of -9.15, a PEG ratio of 0.59 and a beta of 2.54. The stock's 50 day simple moving average is C$6.34 and its two-hundred day simple moving average is C$5.71. Surge Energy has a 52-week low of C$4.37 and a 52-week high of C$7.84.

Surge Energy Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, August 15th. Shareholders of record on Friday, August 15th will be issued a dividend of $0.0433 per share. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date of this dividend is Thursday, July 31st. Surge Energy's dividend payout ratio is -65.21%.

Insider Buying and Selling at Surge Energy

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