Surge Energy Inc. (TSX:SGY)
Canada
· Delayed Price · Currency is CAD | Market Cap | 797.65M |
| Revenue (ttm) | 508.66M |
| Net Income (ttm) | 44.70M |
| Shares Out | 98.84M |
| EPS (ttm) | 0.45 |
| PE Ratio | 18.03 |
| Forward PE | 27.36 |
| Dividend | 0.52 (6.57%) |
| Ex-Dividend Date | Feb 27, 2026 |
| Volume | 808,690 |
| Average Volume | 815,959 |
| Open | 8.03 |
| Previous Close | 7.87 |
| Day's Range | 7.92 - 8.11 |
| 52-Week Range | 4.37 - 8.16 |
| Beta | 0.81 |
| RSI | 62.14 |
| Earnings Date | Mar 4, 2026 |
About Surge Energy
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, and Minors in Manitoba, 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. [Read more]
Financial Performance
Financial StatementsNews
Surge Energy: Works Magic With $70 Oil, Q2 Beat & 2030 Scenario Projections
Surge Energy's Q2 results exceeded expectations, with strong production, reduced costs, and a 7% dividend yield covered at $58 WTI. Cost reductions, especially in transportation and capex, have improv...
Surge Energy: High FCF Yield Makes The Stock Finally Cheap Enough
Surge Energy offers a compelling setup with a clean balance sheet, high FCF yield, and no cash taxes expected until 2030. The company remains solid with high-quality assets trading at a depressed valu...
Surge Energy: A Profitable Canadian Conventional Opportunity
Surge Energy is a conventional operator. Surge Energy has a debt ratio below 1. The wells are smaller and cheap to drill. This allows for quick adjustment to changing industry conditions.
Surge Energy Is Getting There, But It Needs Higher Oil Prices (Valuation Downgrade)
Surge Energy has reached its second phase of the capital allocation scheme, resulting in a higher dividend yield of 7.6%. With US$75-WTI, Surge should be making ~C$100M in yearly FCF. (14.5% yield to ...
Surge Energy: Cheaply Valued And Positioned For Strong Upside
Surge's assets are of higher quality than they may appear at first glance, future increases in booked recovery rates will drive the 2P-NAV higher. Assuming $80 WTI, Surge generates 17% DACF yield. It ...
Surge Energy: Trading At Just 6 Times Free Cash Flow At US$75 WTI
Surge Energy's Q4 results showed a capex-heavy quarter but remained free cash flow positive. The company anticipates generating C$295M in operating cash flow in 2024, resulting in a net free cash flow...
Surge Energy: 2024 May Be The Year Of The Shareholder (Technical Analysis)
Surge Energy's Q3 performance and potential dividend increases are coming. Shareholders can expect 50% of free cash flow to be returned to them in some form. The current stock price is considered attr...
Surge Energy Inc. Announces $42 Million Convertible Debenture Bought Deal Financing and Intention to Redeem Existing Convertible Debentures Due June 30, 2024
CALGARY, Alberta, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Surge Energy Inc. (“Surge” or the “Company”) (TSX: SGY) is pleased to announce a public offering (the “Offering”) on a “bought deal” basis, of $42 ...
Surge Energy Offers A 6.75% YTM On A 10 Month Debenture
Surge Energy benefits from a narrowing WCS differential, boosting cash flow results in Q2. The company plans to exit 2023 with a production rate 6% higher than Q2. Surge Energy's convertible debenture...
Surge Energy America and NexTier Oilfield Solutions Announce Record-Breaking Completion Efficiency and Emissions Reductions Through Strong Partnership
HOUSTON , Aug. 17, 2023 /PRNewswire/ -- Surge Energy US Holdings Company ("Surge" or the "Company") announces jointly with NexTier Oilfield Solutions ("NexTier") record-breaking completion efficiency ...
Surge Energy Offers A Generous 6% Dividend Yield, But I Prefer The Debentures
Surge Energy recently closed a C$202M acquisition which boosted its production rate by about 20%. The company was free cash flow positive in Q1 but has been 'overspending' on its dividend based on its...
Surge Energy: Shareholder Payday Possibly Postponed (Technical Analysis)
Surge is currently yielding out at 5%, but is it enough? Surge jumped at the opportunity to buy Enerplus's Canadian assets for $245 million, setting the net debt target back.
Surge Energy Implies Doubling The Shareholder Rewards By Next Summer
Surge Energy reported strong cash flow results despite a realized loss on the hedge book. The company repaid one of the debentures early, the 6.75% 2024 convertible debenture remains outstanding.
Surge Energy Inc. Announces Upsizing of Previously Announced Equity Financing
CALGARY, Alberta, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Surge Energy Inc. (“Surge”, “SGY”, or the “Company”) (TSX: SGY) is pleased to announce that, as a result of excess demand, it has agreed with the sy...
Surge Energy Inc. Announces a $245 Million ($200 Million Net) Strategic Core Area Acquisition and Financings; Anticipated 14% Dividend Increase; Increased 2022 Production Rate Exit Guidance; and Preliminary 2023 Estimates
CALGARY, Alberta, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Surge Energy Inc. (“Surge”, “SGY”, or the “Company”) (TSX: SGY) is pleased to announce that it has entered into a definitive purchase and sale agree...
Surge Energy: Rapidly Reducing The Net Debt Will Boost Shareholder Rewards
Surge Energy is a Canadian oil and gas producer with an output of 21,000 barrels of oil equivalent per day. The Q2 performance was overshadowed by hedging losses. Despite that, Surge remained firmly f...
Surge Energy: Climbing Out Of The Debt Hole
Debt needs to be repaid. The company issued a lot of shares for acquisitions and operating money. This indicates a level of financial stress in the past.
Surge Energy: Expect In Excess Of C$1.5/Share In Free Cash Flow This Year
Surge Energy is on the right track to post an excellent free cash flow result this year, despite some residual hedges. This makes me feel very comfortable about the repayment of the 2022 debentures wh...