TSE:SGY

Surge Energy (SGY) Stock Price, News & Analysis

C$7.67
-0.08 (-1.03%)
(As of 04/24/2024 ET)
Today's Range
C$7.64
C$7.76
50-Day Range
C$6.44
C$8.09
52-Week Range
C$5.89
C$9.77
Volume
295,311 shs
Average Volume
434,242 shs
Market Capitalization
C$771.45 million
P/E Ratio
4.73
Dividend Yield
6.26%
Price Target
C$11.79

Surge Energy MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
53.7% Upside
C$11.79 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.26mentions of Surge Energy in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
C$129,053 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.09 out of 5 stars

SGY stock logo

About Surge Energy Stock (TSE:SGY)

Surge Energy Inc. explores, develops, and produces oil and gas in western Canada. Its principal properties are located in the areas of Sparky, Southeast Saskatchewan, Carbonates, Valhalla, and Shaunavon in Alberta and Saskatchewan. 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

Urgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!
The FEDNOW Biden Dollar ends cash in a matter of WEEKS Stumbling Biden's dollar next phases begins Oct 21st This guide shows you what to do next. In a cashless society, Biden forces you to use the government's new "digital dollar"...
SURGE ENERGY INC. CONFIRMS MAY 2024 DIVIDEND
Urgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!
The FEDNOW Biden Dollar ends cash in a matter of WEEKS Stumbling Biden's dollar next phases begins Oct 21st This guide shows you what to do next. In a cashless society, Biden forces you to use the government's new "digital dollar"...
SGY:CA Surge Energy Inc.
SURGE ENERGY INC. CONFIRMS APRIL 2024 DIVIDEND
SURGE ENERGY INC. CONFIRMS MARCH 2024 DIVIDEND
Surge Energy Inc. (CA86880Y8779.SG)
Surge Energy Inc SGY
See More Headlines
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Company Calendar

Last Earnings
3/06/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
4/25/2024
Ex-Dividend for 5/15 Dividend
4/29/2024
Next Earnings (Estimated)
5/01/2024
Dividend Payable
5/15/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas E&P
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
93
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$11.79
High Stock Price Target
C$14.00
Low Stock Price Target
C$10.00
Potential Upside/Downside
+53.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
C$15.75 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$558.64 million
Book Value
C$8.41 per share

Miscellaneous

Free Float
N/A
Market Cap
C$771.45 million
Optionable
Not Optionable
Beta
2.66
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Key Executives

  • Mr. Paul Colborne (Age 65)
    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?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Surge Energy in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SGY shares.
View SGY analyst ratings
or view top-rated stocks.

What is Surge Energy's stock price target for 2024?

7 analysts have issued 12 month price targets for Surge Energy's stock. Their SGY share price targets range from C$10.00 to C$14.00. On average, they anticipate the company's stock price to reach C$11.79 in the next twelve months. This suggests a possible upside of 53.7% 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 2024?

Surge Energy's stock was trading at C$6.48 at the beginning of 2024. Since then, SGY shares have increased by 18.4% and is now trading at C$7.67.
View the best growth stocks for 2024 here
.

When is Surge Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our SGY earnings forecast
.

How were Surge Energy's earnings last quarter?

Surge Energy Inc. (TSE:SGY) issued its quarterly earnings data on Wednesday, March, 6th. The company reported ($0.29) earnings per share for the quarter, missing analysts' consensus estimates of $0.24 by $0.53. The firm earned $168.45 million during the quarter, compared to the consensus estimate of $179.30 million. Surge Energy had a trailing twelve-month return on equity of 1.87% and a net margin of 2.82%.

How often does Surge Energy pay dividends? What is the dividend yield for Surge Energy?

Surge Energy announced a monthly dividend on Monday, April 15th. Shareholders of record on Tuesday, April 30th will be paid a dividend of 0.04 per share on Wednesday, May 15th. This represents a $0.48 annualized dividend and a dividend yield of 6.26%. The ex-dividend date of this dividend is Monday, April 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 6.30%. 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 4/25/2024 by MarketBeat.com Staff

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