TSE:SGY - Surge Energy Stock Price, News, & Analysis

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C$1.61 +0.08 (+5.23 %)
(As of 04/23/2019 06:00 AM ET)
Previous CloseC$1.53
Today's RangeC$1.55 - C$1.64
52-Week RangeC$1.22 - C$2.76
Volume1.57 million shs
Average Volume1.15 million shs
Market CapitalizationC$492.49 million
P/E RatioN/A
Dividend Yield6.54%
BetaN/A
Surge Energy Inc. engages in the exploration, development, and production of oil and gas in western Canada. It holds interest in the Greater Sawn Lake assets located in Northern Alberta; Nipisi property located to the north of the town of Slave Lake in northwestern Alberta; and Valhalla/Wembley property located to the northwest of Grand Prairie in northwestern Alberta. It also holds interest in the Sparky assets located between Provost and Wainwright in eastern Alberta and western Saskatchewan; Silver Lake property to the west of Provost in eastern Alberta; and Shaunavon properties located to the southwest of Swift Current, Saskatchewan. It holds an average working interest of approximately 84% in approximately 81,256 net developed acres and approximately 93% in approximately 183,376 net undeveloped acres in Greater Sawn area; approximately 70% in approximately 31,104 net developed acres and approximately 68% in approximately 24,056 net undeveloped acres in Valhalla area; and approximately 88% in approximately 59,321 net developed acres and 95% in approximately 55,667 net undeveloped acres in Sparky area. As of December 31, 2018, it held interests in 271 net oil wells in Greater Sawn area; 111 net oil and 10 net gas wells in Valhalla area; 405 net oil and 20 net gas wells in Sparky area; and 188 net oil wells, as well as an average working interest of approximately 100% in approximately 23,129 net developed and 23,129 net undeveloped acres in the Shaunavon properties. As of the above date, it also held an average working interest of approximately 73% in approximately 29,932 net developed acres and approximately 60% in approximately 4,293 net undeveloped acres, as well as held interests 92 net oil and 18 net gas wells in Nevis, Westerose, Edmonton, and other minor areas. 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.

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Industry, Sector and Symbol

Industry Oil & Gas E&P
Sub-IndustryN/A
SectorEnergy
CUSIPN/A
CIKN/A
Phone+1-403-9301010

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$264.16 million
Book ValueC$2.70 per share

Profitability

Miscellaneous

Employees72
Market CapC$492.49 million
Next Earnings Date5/14/2019 (Estimated)
OptionableNot Optionable

Surge Energy (TSE:SGY) Frequently Asked Questions

What is Surge Energy's stock symbol?

Surge Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "SGY."

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

Surge Energy announced a monthly dividend on Wednesday, February 27th. Stockholders of record on Friday, March 15th will be given a dividend of 0.0083 per share on Friday, March 15th. This represents a $0.10 annualized dividend and a dividend yield of 6.19%. The ex-dividend date is Wednesday, February 27th. View Surge Energy's Dividend History.

How were Surge Energy's earnings last quarter?

Surge Energy Inc (TSE:SGY) announced its quarterly earnings data on Tuesday, March, 12th. The company reported ($0.04) EPS for the quarter. The business earned $58.13 million during the quarter. View Surge Energy's Earnings History.

When is Surge Energy's next earnings date?

Surge Energy is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Surge Energy.

What price target have analysts set for SGY?

7 analysts have issued 12 month price targets for Surge Energy's stock. Their forecasts range from C$1.70 to C$4.00. On average, they expect Surge Energy's stock price to reach C$2.46 in the next twelve months. This suggests a possible upside of 52.7% from the stock's current price. View Analyst Price Targets for Surge Energy.

What is the consensus analysts' recommendation for Surge Energy?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Surge Energy in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Surge Energy.

Has Surge Energy been receiving favorable news coverage?

Press coverage about SGY stock has been trending negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Surge Energy earned a coverage optimism score of -2.3 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the stock's share price in the next several days.

Who are some of Surge Energy's key competitors?

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 Baytex Energy (BTE), Whitecap Resources (WCP), Athabasca Oil (ATH), Crescent Point Energy (CPG), Baytex Energy (BTE), Precision Drilling (PDS), Altagas (ALA), Bank of Nova Scotia (BNS), Pengrowth Energy (PGF) and Inter Pipeline (IPL).

Who are Surge Energy's key executives?

Surge Energy's management team includes the folowing people:
  • Mr. Paul Colborne, Pres, CEO & Director (Age 60)
  • Mr. Murray Bye, Chief Operating Officer
  • Ms. Margaret Ann Elekes, Sr. VP of Land & Bus. Devel.
  • Mr. Jared Ducs, VP of Fin.
  • Mr. James L. Stannard, Exec. VP

How do I buy shares of Surge Energy?

Shares of SGY and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is Surge Energy's stock price today?

One share of SGY stock can currently be purchased for approximately C$1.61.

How big of a company is Surge Energy?

Surge Energy has a market capitalization of C$492.49 million and generates C$264.16 million in revenue each year. Surge Energy employs 72 workers across the globe.

What is Surge Energy's official website?

The official website for Surge Energy is http://www.surgeenergy.ca/.

How can I contact Surge Energy?

Surge Energy's mailing address is 2100, 635, 8th Ave. SW, CALGARY, AB T2P 3M3, Canada. The company can be reached via phone at +1-403-9301010.


MarketBeat Community Rating for Surge Energy (TSE SGY)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  215 (Vote Outperform)
Underperform Votes:  195 (Vote Underperform)
Total Votes:  410
MarketBeat's community ratings are surveys of what our community members think about Surge Energy and other stocks. Vote "Outperform" if you believe SGY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SGY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/23/2019 by MarketBeat.com Staff

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