Surge Energy Stock Price, News & Analysis (TSE:SGY) C$7.55 -0.15 (-1.95%) (As of 12/1/2023 ET) Add Compare Share Share Today's RangeC$7.54▼C$7.7650-Day RangeC$7.55▼C$9.7552-Week RangeC$6.68▼C$10.05Volume1.16 million shsAverage Volume519,814 shsMarket CapitalizationC$757.34 millionP/E Ratio4.66Dividend Yield6.36%Price TargetC$13.03 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Surge Energy MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside72.6% UpsideC$13.03 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.83 out of 5 stars 4.4 Analyst's Opinion Consensus RatingSurge Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$13.03, Surge Energy has a forecasted upside of 72.6% from its current price of C$7.55.Amount of Analyst CoverageSurge Energy has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for SGY. Previous Next 2.5 Dividend Strength Dividend LeadershipSurge Energy is a leading dividend payer. It pays a dividend yield of 6.10%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSurge Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Surge Energy is 29.63%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SGY. Previous Next 0.6 News and Social Media Coverage Search InterestOnly 1 people have searched for SGY on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows5 people have added Surge Energy to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Surge Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.97% of the stock of Surge Energy is held by insiders.Percentage Held by InstitutionsOnly 21.68% of the stock of Surge Energy is held by institutions. Previous Next 3.1 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Surge Energy is 4.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 108.50.Price to Earnings Ratio vs. SectorThe P/E ratio of Surge Energy is 4.66, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 114.00.Price to Earnings Growth RatioSurge Energy has a PEG Ratio of 0.59. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioSurge Energy has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Surge Energy Stock (TSE:SGY)Surge Energy Inc. explores for, develops, and produces oil and gas in western Canada. The company's principal properties include Sparky assets located between Provost and Wainwright in eastern Alberta and western Saskatchewan; the Southeast Saskatchewan properties are located in the Southeast corner of the Province; the Greater Sawn Lake assets located in Northern Alberta; the Valhalla/Wembley property located in northwestern Alberta; and the Shaunavon properties located to the southwest of Swift Current, Saskatchewan. It holds an average working interest of approximately 81% in approximately 90,619 gross developed acres and approximately 97% in approximately 59,129 gross undeveloped acres in the Sparky area; an average working interest of approximately 86% in approximately 61,643 gross developed acres and approximately 86% in 44,960 gross undeveloped acres in the Southeast Saskatchewan area; an average working interest of approximately 79% in approximately 142,459 gross developed acres and approximately 76% in approximately 72,681 gross undeveloped acres in Greater Sawn area; an average working interest of approximately 70% in approximately 23,560 gross developed acres and approximately 73% in approximately 10,520 gross undeveloped acres in the Valhalla area; and an average working interest of approximately 98% in approximately 24,086 gross developed acres and approximately 100% in 8,383 gross undeveloped acres in the Shaunavon area. The company was formerly known as Zapata Energy Corporation and changed its name to Surge Energy Inc. in June 2010. Surge Energy Inc. was incorporated in 1998 and is headquartered in Calgary, Canada.Read More SGY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SGY Stock News HeadlinesNovember 20, 2023 | ca.finance.yahoo.comCanadian Investment Regulatory Organization Trading Halt - SGY.DB.ANovember 11, 2023 | morningstar.comSurge Energy Inc SGYDecember 3, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 6, 2023 | seekingalpha.comSurge Energy: 2024 May Be The Year Of The Shareholder (Technical Analysis)October 23, 2023 | msn.comSurge Protector vs. Power Strip: How to Know the DifferenceOctober 19, 2023 | finance.yahoo.comCanadian Investment Regulatory Organization Trade Resumption - SGY.DB.BOctober 16, 2023 | finance.yahoo.comSURGE ENERGY INC. CONFIRMS NOVEMBER 2023 DIVIDENDSeptember 29, 2023 | yahoo.comSolved! What Is a Power Surge?December 3, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.September 29, 2023 | theglobeandmail.comClosing Bell: Surge Energy Inc 6.75 Pct Debs flat on Tuesday (SGY-DB-A)September 28, 2023 | finance.yahoo.comSurge Energy Inc. Announces $42 Million Convertible Debenture Bought Deal Financing and Intention to Redeem Existing Convertible Debentures Due June 30, 2024September 24, 2023 | investing.comSurge Energy Inc. (SGY)September 23, 2023 | finance.yahoo.comIs It Smart To Buy Surge Energy Inc. (TSE:SGY) Before It Goes Ex-Dividend?September 22, 2023 | theglobeandmail.comClosing Bell: Surge Energy Inc 6.75 Pct Debs up on Friday (SGY-DB-A)August 17, 2023 | theglobeandmail.comClosing Bell: Surge Energy Inc 6.75 Pct Debs up on Thursday (SGY-DB-A)July 30, 2023 | theglobeandmail.comClosing Bell: Surge Energy Inc 6.75 Pct Debs down on Friday (SGY-DB-A)July 23, 2023 | finance.yahoo.comHere's What We Like About Surge Energy's (TSE:SGY) Upcoming DividendJuly 20, 2023 | finance.yahoo.comSurge Energy (TSE:SGY) Is Due To Pay A Dividend Of CA$0.04June 29, 2023 | sg.finance.yahoo.comSGY.TO - Surge Energy Inc.June 27, 2023 | msn.comSurge in clients seeking help with energy bill hardshipJune 26, 2023 | msn.comPower surge insurance claims skyrocketed by 80%June 21, 2023 | benzinga.comSurge Energy Announces Listing in Houston Chronicle's Top Private CompaniesJune 7, 2023 | msn.comPower surge: KC won’t penalize energy use violatorsJune 5, 2023 | theglobeandmail.comClosing Bell: Surge Energy Inc 6.75 Pct Debs down on Monday (SGY-DB-A)May 20, 2023 | bloomberg.comNatural Gas Prices Surge on Signs of Tightening US SupplyMay 16, 2023 | theglobeandmail.comClosing Bell: Surge Energy Inc 6.75 Pct Debs flat on Monday (SGY-DB-A)May 15, 2023 | finance.yahoo.comSURGE ENERGY INC. CONFIRMS JUNE 2023 DIVIDENDSee More Headlines Receive SGY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Surge Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 11/15 Dividend10/30/2023Last Earnings11/02/2023Dividend Payable11/15/2023Ex-Dividend for 12/15 Dividend11/29/2023Today12/03/2023Dividend Payable12/15/2023Next Earnings (Estimated)3/13/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas E&P Sub-IndustryN/A SectorEnergy Current SymbolTSE:SGY CUSIPN/A CIKN/A Webwww.surgeenergy.ca Phone+1-403-9301010FaxN/AEmployees83Year FoundedN/APrice Target and Rating Average Stock Price TargetC$13.03 High Stock Price TargetC$14.00 Low Stock Price TargetC$11.00 Potential Upside/Downside+72.6%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)C$1.62 Trailing P/E Ratio4.66 Forward P/E Ratio8.78 P/E Growth0.59Net IncomeC$148.93 million Net Margins26.60% Pretax MarginN/A Return on Equity19.76% Return on Assets5.97% Debt Debt-to-Equity Ratio34.32 Current Ratio0.45 Quick Ratio0.40 Sales & Book Value Annual SalesC$559.97 million Price / Sales1.35 Cash FlowN/A Price / Cash FlowN/A Book ValueC$8.74 per share Price / Book0.86Miscellaneous Outstanding Shares100,310,000Free FloatN/AMarket CapC$757.34 million OptionableNot Optionable Beta2.65 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Paul Colborne (Age 64)President, CEO & Director Comp: $984.62kMr. Jared DucsChief Financial OfficerMr. Murray ByeChief Operating OfficerMs. Margaret Ann ElekesSenior Vice President of Land & Business DevelopmentMr. Derek Wayne Christie B.Sc.P.Geol., Senior Vice President of GeosciencesMr. Michael James BennettCorporate SecretaryMore ExecutivesKey CompetitorsObsidian EnergyTSE:OBECrew EnergyTSE:CRFrontera EnergyTSE:FECKiwetinohk EnergyTSE:KECSpartan DeltaTSE:SDEView All Competitors SGY Stock Analysis - Frequently Asked Questions Should I buy or sell Surge Energy stock right now? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Surge Energy in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SGY shares. View SGY analyst ratings or view top-rated stocks. What is Surge Energy's stock price target for 2024? 8 brokerages have issued 1 year price targets for Surge Energy's stock. Their SGY share price targets range from C$11.00 to C$14.00. On average, they predict the company's share price to reach C$13.03 in the next twelve months. This suggests a possible upside of 72.6% from the stock's current price. View analysts price targets for SGY or view top-rated stocks among Wall Street analysts. How have SGY shares performed in 2023? Surge Energy's stock was trading at C$9.11 on January 1st, 2023. Since then, SGY shares have decreased by 17.1% and is now trading at C$7.55. View the best growth stocks for 2023 here. When is Surge Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 13th 2024. View our SGY earnings forecast. How were Surge Energy's earnings last quarter? Surge Energy Inc. (TSE:SGY) posted its earnings results on Thursday, November, 2nd. The company reported $0.16 earnings per share for the quarter, missing analysts' consensus estimates of $0.34 by $0.18. The business had revenue of $184.48 million for the quarter, compared to the consensus estimate of $183.55 million. Surge Energy had a net margin of 26.60% and a trailing twelve-month return on equity of 19.76%. How often does Surge Energy pay dividends? What is the dividend yield for Surge Energy? Surge Energy declared a monthly dividend on Wednesday, November 15th. Stockholders of record on Thursday, November 30th will be paid a dividend of 0.04 per share on Friday, December 15th. This represents a $0.48 annualized dividend and a dividend yield of 6.36%. The ex-dividend date is Wednesday, November 29th. Read our dividend analysis for SGY. Is Surge Energy a good dividend stock? Surge Energy (TSE:SGY) pays an annual dividend of C$0.48 per share and currently has a dividend yield of 6.10%. SGY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 29.63%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for SGY. What other stocks do shareholders of Surge Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other Surge Energy investors own include Whitecap Resources (WCP), Baytex Energy (BTE), Enbridge (enb), Vermilion Energy (VET), ARC Resources (ARX), Suncor Energy (SU), Manulife Financial (MFC), Pembina Pipeline (PPL), Crescent Point Energy (CPG) and Canadian Natural Resources (CNQ). How do I buy shares of Surge Energy? Shares of SGY stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:SGY) was last updated on 12/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Surge Energy Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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