Surge Energy Inc. (TSE:SGY – Get Free Report) announced a monthly dividend on Thursday, August 15th, Zacks reports. Stockholders of record on Saturday, August 31st will be paid a dividend of 0.043 per share on Monday, September 16th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 7.57%. The ex-dividend date of this dividend is Thursday, August 29th.
Surge Energy Price Performance
Shares of TSE:SGY opened at C$6.82 on Tuesday. Surge Energy has a one year low of C$5.89 and a one year high of C$9.77. The stock has a fifty day moving average of C$6.87 and a 200-day moving average of C$7.07. The company has a market capitalization of C$684.18 million, a PE ratio of 4.21, a price-to-earnings-growth ratio of 0.59 and a beta of 2.58. The company has a debt-to-equity ratio of 29.47, a quick ratio of 0.40 and a current ratio of 0.50.
Surge Energy (TSE:SGY – Get Free Report) last released its earnings results on Tuesday, July 30th. The company reported C$0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.34 by C($0.02). The business had revenue of C$173.17 million during the quarter, compared to analysts’ expectations of C$174.40 million. Surge Energy had a negative net margin of 14.28% and a negative return on equity of 10.03%. As a group, equities analysts anticipate that Surge Energy will post 0.8567807 EPS for the current fiscal year.
Analysts Set New Price Targets
View Our Latest Stock Analysis on SGY
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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