Surge Energy Inc.

Equities

SGY

CA86880Y8779

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-05-28 pm EDT			5-day change	1st Jan Change
7.29 ^CAD	+4.89%		+4.44%	+12.50%

May. 14	Transcript : Surge Energy Inc. - Shareholder/Analyst Call
May. 08	Surge Energy Inc. completed the acquisition of 50% stake in 6-8 gas plant in the Betty Lake area for CAD 3.7 million.	CI

Surge Energy Inc. Confirms June 2024 Dividend, Payable on June 17, 2024

May 15, 2024 at 06:25 am EDT

Surge Energy Inc. confirmed that a cash dividend to be paid on June 17, 2024, in respect of May 2024 production, for the shareholders of record on May 31, 2024, will be $0.04 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).

Latest news about Surge Energy Inc.

Transcript : Surge Energy Inc. - Shareholder/Analyst Call	May. 14
Surge Energy Inc. completed the acquisition of 50% stake in 6-8 gas plant in the Betty Lake area for CAD 3.7 million.	May. 07	CI
Surge Energy Coverage Reinstated at BMO With an Outperform Rating and a C$10.00 Price Target	Mar. 21	MT
North American Morning Briefing : Powell Still in the Spotlight; ECB Rate Decision Looms	Mar. 07	DJ
Surge Energy Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 06	CI
Surge Energy Brief: Announcing Record Annual Production In 2023	Mar. 06	MT
Surge Energy Brief: Q4 Loss Per Share Basic 0.30 and Diluted 0.29	Mar. 06	MT
Surge Energy Inc. Announces Unaudited Consolidated Production Results for the Fourth Quarter and Full Year Ended December 31, 2023	Mar. 06	CI
Shale producer Devon Energy in bid to acquire Enerplus -sources	Feb. 08	RE
Exclusive-Shale producer Devon Energy in bid to acquire Enerplus -sources	Feb. 08	RE
Surge Energy Kept at Buy at Stifel FirstEnergy Following 2024 Guidance; Price Target Lowered to C$12.00	Dec. 11	MT
Surge Energy Maintained at Market Perform at BMO Following 2024 Guidance; Price Target Cut to C$9.00	Dec. 08	MT
Surge Energy Details 2024 Capital, Operating Budget; Releases Annual Sustainability Report; National Bank Notes 'Disciplined Approach'	Dec. 08	MT
Surge Energy Details 2024 Capital, Operating Budget; Releases Annual Sustainability Report	Dec. 08	MT
Surge Energy Maintained at Outperform at National Bank as Q3 Results Meet Expectations	Nov. 03	MT
North American Morning Briefing : S&P 500 Futures Pause After Soft Apple Guidance	Nov. 03	DJ
Surge Energy Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 02	CI
Surge Energy Inc. Announces Unaudited Consolidated Production Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 02	CI
Surge Energy Inc. Provides Production Guidance for the Year 2023	Nov. 02	CI
Surge Energy Maintained at Market Perform By BMO Following Close of Debenture Offer; Price Target Raised to C$10.50	23-10-20	MT
Surge Energy Maintained at Outperform at National Bank as Debenture Offer Closes; Price Target Kept at C$13.00	23-10-19	MT
Surge Energy Brief: Closed Convertible Debenture Financing and Notice of Redemption on 6.75% Convertible Debentures Due June 30, 2024	23-10-19	MT
Surge Energy Inc. announced that it expects to receive $6.3 million in funding	23-09-27	CI
National Bank Maintains Rating, Price Target on Surge Energy as Commodity, Execution Drive Returns	23-09-22	MT
National Bank Notes Surge Energy's Q2 Operational, Financial Results In Line With Estimates	23-08-03	MT

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Company Profile

Surge Energy Inc. is a Canada-based oil focused exploration and production company. The Companyâs business consists of the exploration, development and production of oil and gas from properties in western Canada. Its operations include Sparky and SE Saskatchewan. Its supporting assets include Valhalla, Greater Sawn and Shaunavon. The Sparky operation offers light/medium crude oil production with compelling returns. The SE Saskatchewan operation maintains asset base oil operating netbacks. It has low-cost wells with short payouts and potential for continued area consolidation. The Valhalla operation is offering stacked pay multi-zone potential with light oil and provides range of area infrastructure and access to multiple egress options supports attractive operating netbacks. The Shaunavon operation is producing low decline, medium gravity crude oil with high operating netbacks. Its Greater Swan operation consists of concentrated light oil asset with conventional slave point reefs.

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-30 - Ex-dividend day

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Ratings for Surge Energy Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

7.29 CAD

Average target price

11.78 CAD

Spread / Average Target

+61.52%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Oil Exploration & Production - Onshore

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Oil Exploration & Production - Onshore