S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
New CBOE “special perk” helps traders target income every weekend (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
New CBOE “special perk” helps traders target income every weekend (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
New CBOE “special perk” helps traders target income every weekend (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
New CBOE “special perk” helps traders target income every weekend (Ad)
Lacking counselors, US schools turn to the booming business of online therapy

Surge Energy Stock Price, News & Analysis (TSE:SGY)

C$7.55
-0.15 (-1.95%)
(As of 12/1/2023 ET)
Compare
Today's Range
C$7.54
C$7.76
50-Day Range
C$7.55
C$9.75
52-Week Range
C$6.68
C$10.05
Volume
1.16 million shs
Average Volume
519,814 shs
Market Capitalization
C$757.34 million
P/E Ratio
4.66
Dividend Yield
6.36%
Price Target
C$13.03

Surge Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
72.6% Upside
C$13.03 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

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


SGY stock logo

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.

SGY Stock Price History

SGY Stock News Headlines

Surge Energy Inc SGY
All the trading advice you’ve ever received boils down to this
All 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.
SURGE ENERGY INC. CONFIRMS NOVEMBER 2023 DIVIDEND
Solved! What Is a Power Surge?
All the trading advice you’ve ever received boils down to this
All 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.
Surge Energy Inc. (SGY)
SGY.TO - Surge Energy Inc.
SURGE ENERGY INC. CONFIRMS JUNE 2023 DIVIDEND
See 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.

Company Calendar

Ex-Dividend for 11/15 Dividend
10/30/2023
Last Earnings
11/02/2023
Dividend Payable
11/15/2023
Ex-Dividend for 12/15 Dividend
11/29/2023
Today
12/03/2023
Dividend Payable
12/15/2023
Next Earnings (Estimated)
3/13/2024

Industry, Sector and Symbol

Industry
Oil & Gas E&P
Sub-Industry
N/A
Sector
Energy
CIK
N/A
Fax
N/A
Employees
83
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$13.03
High Stock Price Target
C$14.00
Low Stock Price Target
C$11.00
Potential Upside/Downside
+72.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
C$148.93 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$559.97 million
Book Value
C$8.74 per share

Miscellaneous

Free Float
N/A
Market Cap
C$757.34 million
Optionable
Not Optionable
Beta
2.65
12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report

Key Executives

  • Mr. Paul Colborne (Age 64)
    President, CEO & Director
    Comp: $984.62k
  • Mr. Jared Ducs
    Chief Financial Officer
  • Mr. Murray Bye
    Chief Operating Officer
  • Ms. Margaret Ann Elekes
    Senior Vice President of Land & Business Development
  • Mr. Derek Wayne Christie B.Sc.
    P.Geol., Senior Vice President of Geosciences
  • Mr. Michael James Bennett
    Corporate Secretary














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?
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

My Account -