Surge Energy (ZPTAF) Stock Price, News & Analysis

Company Overview

Surge Energy Inc. is a Calgary-based oil and natural gas exploration and production company trading on the OTC Markets under the ticker ZPTAF. The company focuses on the development of light crude oil, natural gas liquids and natural gas assets across western Canada. Surge’s operations emphasize efficient capital deployment and cost control to optimize production from its resource plays.

Surge Energy holds acreage in key western Canadian resource basins, including the Montney and Duvernay formations in Alberta, the Viking play in Saskatchewan and the Mannville group in Alberta. The company also operates light oil assets in southeast Saskatchewan, leveraging horizontal drilling and multi-stage fracturing technologies to enhance recovery rates. Surge’s diversified portfolio provides exposure to both liquids-rich and gas-weighted resource plays.

Founded in 2008, Surge Energy has grown through a combination of organic drilling activities and strategic acquisitions. Notable transactions include the acquisition of Kiwetinohk Resources Corp. in 2018 and the merger with Laricina Energy Ltd. in 2019, which expanded the company’s inventory of Montney drilling locations. In recent years, Surge has continued to bolster its position through targeted bolt-on acquisitions to complement its core asset base.

Surge Energy’s leadership team is led by President and CEO Bryan Doerksen, who co-founded the company and has guided its growth strategy since inception. The management team prioritizes operational efficiency, environmental stewardship and community engagement. Surge continues to explore opportunities in emissions management and technological innovation to support its commitment to responsible resource development.

Key Stats

• Today's Range: $6.43 to $6.46
• 50-Day Range: $6.39 to $7.57
• 52-Week Range: $4.40 to $8.22
• Volume: N/A
• Average Volume: 56,968 shs
• Market Capitalization: N/A
• P/E Ratio: 16.08
• Dividend Yield: 6.53%
• Price Target: N/A
• Consensus Rating: Moderate Buy

Surge Energy Stock Analysis - MarketRank™

Surge Energy scored higher than 27% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Surge Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no strong buy ratings, 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Surge Energy has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Surge Energy is 16.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of Surge Energy is 16.08, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 19.69.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Surge Energy has a short interest ratio ("days to cover") of 35.18, which indicates bearish sentiment.

Change versus previous month

Short interest in Surge Energy has recently decreased by 12.63%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Surge Energy is a leading dividend payer. It pays a dividend yield of 25.36%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Surge Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Surge Energy is 104.97%. Payout ratios above 75% are not desirable because they may not be sustainable.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: N/A

News Sentiment

Surge Energy has a news sentiment score of 0.63. 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 lower news sentiment than the 0.82 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Surge Energy this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.2 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Surge Energy insiders have not sold or bought any company stock.

Percentage Held by Institutions

18.04% of the stock of Surge Energy is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:ZPTAF
• CIK: N/A
• Web: www.surgeenergy.ca
• Phone: (403) 930-1010
• Fax: N/A
• Employees: 93
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 16.08
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A