Surge Energy Inc. (TSE:SGY – Free Report) – Analysts at Atb Cap Markets upped their Q3 2025 earnings estimates for Surge Energy in a report released on Thursday, March 6th. Atb Cap Markets analyst A. Arif now expects that the company will earn $0.21 per share for the quarter, up from their prior forecast of $0.18. Atb Cap Markets also issued estimates for Surge Energy’s Q4 2025 earnings at $0.19 EPS, FY2026 earnings at $0.52 EPS and FY2027 earnings at $0.21 EPS.
Separately, BMO Capital Markets reduced their price target on shares of Surge Energy from C$11.00 to C$9.00 in a research report on Friday, December 13th.
Surge Energy Price Performance
TSE SGY opened at C$5.40 on Monday. The company has a 50 day simple moving average of C$5.66 and a 200-day simple moving average of C$5.83. The company has a debt-to-equity ratio of 31.48, a current ratio of 0.66 and a quick ratio of 0.40. The firm has a market capitalization of C$543.04 million, a price-to-earnings ratio of -6.77, a price-to-earnings-growth ratio of 0.59 and a beta of 2.54. Surge Energy has a 52-week low of C$4.80 and a 52-week high of C$8.16.
Insider Buying and Selling
In related news, Director James Murray Pasieka sold 11,213 shares of the stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of C$5.23, for a total value of C$58,643.99. 1.97% of the stock is currently owned by corporate insiders.
Surge Energy Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 17th will be issued a $0.0433 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.52 dividend on an annualized basis and a yield of 9.62%. Surge Energy’s dividend payout ratio is currently -65.21%.
Surge Energy Company Profile
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.
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