Surge Energy (ZPTAF) Stock Price, News & Analysis

Company Overview

Surge Energy is a Calgary-based oil and gas exploration and production company focused on the acquisition, development and optimization of conventional light and medium crude oil, natural gas and natural gas liquids assets in the Western Canadian Sedimentary Basin. The company’s strategy revolves around asset consolidation and operational efficiency, with a portfolio of low-decline, long-life properties that generate steady production volumes, strong operating netbacks and robust free-cash-flow potential.

The company’s core asset base is concentrated in Saskatchewan and Alberta. Major operating areas include the Pipestone/Wembley and Pouce Coupe regions of Alberta, along with the Kerrobert, Provost and Spray Lake properties in Saskatchewan. Numerous infrastructure tie-ins—including owned and third-party pipelines, battery facilities and processing plants—allow Surge to capture commodity pricing differentials and market access premiums, ensuring reliable takeaway capacity to both domestic and U.S. refineries.

Since its founding, Surge Energy has grown through a series of value-accretive transactions, including the acquisition of legacy heavy-oil and light-oil properties from larger producers seeking to streamline portfolios. These mergers and acquisitions have enabled Surge to achieve significant scale, optimize well design and leverage advanced drilling and completion techniques. Ongoing capital programs emphasize disciplined spending, production optimization and inventory conversion to drive per-share value.

Surge is governed by a board of directors and managed by an experienced upstream leadership team with deep technical, commercial and financial expertise. The company maintains a strong commitment to health, safety and environmental stewardship, implementing best practices across drilling and completion operations while pursuing progressive emissions reduction and community engagement initiatives. Surge Energy’s conservative capital structure and cash-flow-driven approach are designed to support sustainable growth through commodity cycles.

Key Stats

• Today's Range: $4.98 to $5.10
• 50-Day Range: $3.66 to $5.02
• 52-Week Range: $3.11 to $5.29
• Volume: 47,685 shs
• Average Volume: 67,725 shs
• Market Capitalization: N/A
• P/E Ratio: 12.39
• Dividend Yield: 8.47%
• Price Target: $9.00
• Consensus Rating: Buy

Surge Energy Stock Analysis - MarketRank™

Surge Energy scored higher than 30% 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: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Surge Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, 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 12.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.98.

Price to Earnings Ratio vs. Sector

The P/E ratio of Surge Energy is 12.39, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 63.53.

Short Interest

• Score: 0.0 / 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 24.2, which indicates bearish sentiment.

Change versus previous month

Short interest in Surge Energy has recently increased by 2.20%, indicating that investor sentiment is decreasing.

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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Surge Energy has a short interest ratio ("days to cover") of 24.2, which indicates bearish sentiment.

Change versus previous month

Short interest in Surge Energy has recently increased by 2.20%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Sentiment

Surge Energy has a news sentiment score of -2.00. 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 0.79 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: 0.0 / 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

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

ZPTAF Stock Analysis - Frequently Asked Questions

How have ZPTAF shares performed this year?

Surge Energy's stock was trading at $4.05 at the start of the year. Since then, ZPTAF shares have increased by 22.9% and is now trading at $4.9770.

When did Surge Energy's stock split?

Surge Energy shares reverse split on Friday, August 20th 2021.The 1-8.5 reverse split was announced on Friday, August 20th 2021. The number of shares owned by shareholders was adjusted after the market closes on Friday, August 20th 2021. An investor that had 100 shares of stock prior to the reverse split would have 12 shares after the split.

How do I buy shares of Surge Energy?

Shares of ZPTAF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

• Ex-Dividend for 7/15 Dividend: 6/30/2025
• Record date for 7/15 Dividend: 7/01/2025
• Dividend Payable: 7/15/2025
• Today: 7/18/2025
• Next Earnings (Estimated): 7/28/2025
• Ex-Dividend for 8/15 Dividend: 7/31/2025
• Record date for 8/15 Dividend: 8/01/2025
• Dividend Payable: 8/15/2025

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

Price Target and Rating

• Average Price Target for Surge Energy: $9.00
• High Price Target: $9.00
• Low Price Target: $9.00
• Potential Upside/Downside: +80.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 12.42
• 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