S&P 500   4,577.11
DOW   35,368.47
QQQ   370.55
S&P 500   4,577.11
DOW   35,368.47
QQQ   370.55
S&P 500   4,577.11
DOW   35,368.47
QQQ   370.55
S&P 500   4,577.11
DOW   35,368.47
QQQ   370.55
TSE:SGY

Surge Energy Stock Forecast, Price & News

C$6.54
-0.01 (-0.15%)
(As of 01/18/2022 12:00 AM ET)
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Compare
Today's Range
C$6.40
C$6.76
50-Day Range
C$3.86
C$6.55
52-Week Range
C$2.51
C$6.79
Volume
2.04 million shs
Average Volume
1.93 million shs
Market Capitalization
C$545.44 million
P/E Ratio
0.97
Dividend Yield
3.92%
Beta
N/A
30 days | 90 days | 365 days | Advanced Chart
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Surge Energy logo

About Surge Energy

Surge Energy Inc. explores for, develops, and produces oil and gas in western Canada. The company holds interest in the Greater Sawn Lake assets located in Northern Alberta; Valhalla/Wembley property located in northwestern Alberta; Sparky assets located between Provost and Wainwright in eastern Alberta and western Saskatchewan; and Shaunavon properties located to the southwest of Swift Current, Saskatchewan. It holds an average working interest of approximately 83% in approximately 109,941 net developed acres and approximately 92% in approximately 152,344 net undeveloped acres in Greater Sawn area; approximately 70% in approximately 16,032 net developed acres and approximately 74% in approximately 8,208 net undeveloped acres in Valhalla area; and approximately 76% in approximately 80,213 net developed acres and 96% in approximately 58,598 net undeveloped acres in Sparky area; and approximately 61% in approximately 88,178 net developed acres and approximately 39% in approximately 10,483 net undeveloped acres in Edmonton and other minor areas. As of December 31, 2020, it held interests in 316 net oil and 13 net gas wells in Greater Sawn area; 56 net oil and 4 net gas wells in Valhalla area; 466 net oil and 10 net gas wells in Sparky area; 176 net oil wells, as well as an average working interest of approximately 100% in approximately 23,409 net developed acres and 13,698 net undeveloped acres in the Shaunavon properties; and 28 net oil wells and 7 net gas wells in 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.

Headlines

Stocks in play: Surge Energy Inc.
January 17, 2022 |  ca.finance.yahoo.com
Surge Energy (TSE:SGY) Hits New 12-Month High at $5.69
January 12, 2022 |  americanbankingnews.com
Surge Energy Inc. (TSE:SGY): Is Breakeven Near?
June 25, 2021 |  finance.yahoo.com
Bay Street Seen Opening Higher
April 29, 2021 |  nasdaq.com
See More Headlines

Industry, Sector and Symbol

Industry
Oil & Gas E&P
Sub-Industry
N/A
Sector
Energy
CIK
N/A
Fax
N/A
Employees
71
Year Founded
N/A

Sales & Book Value

Annual Sales
C$289.29 million
Book Value
C$5.68 per share

Profitability

Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
C$545.44 million
Optionable
Not Optionable

Company Calendar

Last Earnings
11/03/2021
Today
1/19/2022
Next Earnings (Estimated)
3/08/2022

MarketRank

Overall MarketRank

2.32 out of 5 stars

Analyst Opinion: 1.3Community Rank: 4.5Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -












Surge Energy (TSE:SGY) Frequently Asked Questions

Is Surge Energy a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Surge Energy in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Surge Energy stock.
View analyst ratings for Surge Energy
or view top-rated stocks.

How has Surge Energy's stock price been impacted by COVID-19 (Coronavirus)?

Surge Energy's stock was trading at C$0.30 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SGY shares have increased by 2,080.0% and is now trading at C$6.54.
View which stocks have been most impacted by COVID-19
.

When is Surge Energy's next earnings date?

Surge Energy is scheduled to release its next quarterly earnings announcement on Tuesday, March 8th 2022.
View our earnings forecast for Surge Energy
.

How were Surge Energy's earnings last quarter?

Surge Energy Inc. (TSE:SGY) announced its quarterly earnings results on Wednesday, November, 3rd. The company reported $1.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $1.10. The firm had revenue of $105.10 million for the quarter, compared to analysts' expectations of $121 million.
View Surge Energy's earnings history
.

What price target have analysts set for SGY?

6 analysts have issued 1 year price targets for Surge Energy's shares. Their forecasts range from C$0.85 to C$12.00. On average, they expect Surge Energy's share price to reach C$2.86 in the next year. This suggests that the stock has a possible downside of 56.3%.
View analysts' price targets for Surge Energy
or view top-rated stocks among Wall Street analysts.

Who are Surge Energy's key executives?

Surge Energy's management team includes the following people:
  • Mr. Paul Colborne, Pres, CEO & Director (Age 62, Pay $728.39k)
  • Mr. Jared Ducs, Chief Financial Officer
  • Mr. Murray Bye, Chief Operating Officer
  • Ms. Margaret Ann Elekes, Sr. VP of Land & Bus. Devel.
  • Mr. Derek Wayne Christie B.Sc., P.Geol., Sr. VP of Geosciences
  • Mr. Michael James Bennett, Corp. Sec.

What other stocks do shareholders of Surge Energy own?

What is Surge Energy's stock symbol?

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

How do I buy shares of Surge Energy?

Shares of SGY 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.

What is Surge Energy's stock price today?

One share of SGY stock can currently be purchased for approximately C$6.54.

How much money does Surge Energy make?

Surge Energy has a market capitalization of C$545.44 million and generates C$289.29 million in revenue each year.

How many employees does Surge Energy have?

Surge Energy employs 71 workers across the globe.

What is Surge Energy's official website?

The official website for Surge Energy is www.surgeenergy.ca.

Where are Surge Energy's headquarters?

Surge Energy is headquartered at 2100, 635, 8th Ave. SW, CALGARY, AB T2P 3M3, Canada.

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.


This page was last updated on 1/19/2022 by MarketBeat.com Staff

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