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Surge Energy Inc

SGY.TO

Latest Trade

1.06CAD

Change

0.05(+4.95%)

Volume

1,048,583

Today's Range

1.04

 - 

1.06

52 Week Range

0.93

 - 

1.65

As of on the Toronto Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
1.01
Open
1.04
Volume
1,048,583
3M AVG Volume
12.86
Today's High
1.06
Today's Low
1.04
52 Week High
1.65
52 Week Low
0.93
Shares Out (MIL)
324.22
Market Cap (MIL)
329.59
Forward P/E
-29.71
Dividend (Yield %)
9.90

Next Event

Surge Energy Inc Annual Shareholders Meeting

Latest Developments

More

Surge Energy Announces 2020 Budget

Surge Energy Inc Announces Qtrly Basic Adjusted Funds Flow Per Share $0.13

Surge Energy Inc. Confirms August 2019 Dividend

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About Surge Energy Inc

Surge Energy Inc is a Canada-based exploration and production company (E&P). The Company is positioned to provide shareholders with long term sustainability by exploiting its assets in a financially disciplined manner and by acquiring additional long life oil and gas assets of a similar nature. Its assets are comprised primarily of operated oil-weighted properties characterized by a promising original oil-in-place (OOIP) crude oil reservoirs with low recovery factors and an inventory of around 700 gross low risk development drilling locations and several water flood projects. The Company continues to identify and pursue acquisitions with synergistic characteristics such as existing long life producing assets or opportunities with low risk upside potential.

Industry

Oil & Gas - Integrated

Contact Info

635 8 Ave SW Suite 2100

+1.403.9301010

http://www.surgeenergy.ca/

Executive Leadership

James Murray Pasieka

Chairman of the Board

Paul Colborne

President, Chief Executive Officer, Director

Murray Bye

Chief Operating Officer

James L. Stannard

Executive Vice President

Margaret Elekes

Senior Vice President - Land and Business Development

Key Stats

2.13 mean rating - 15 analysts
Sell
Hold
Buy
Revenue (MM, CAD)

2016

0.1K

2017

0.2K

2018

0.3K

2019(E)

0.4K
EPS (CAD)

2016

-0.130

2017

-0.030

2018

-0.290

2019(E)

-0.034
Price To Earnings (TTM)
--
Price To Sales (TTM)
1.02
Price To Book (MRQ)
0.40
Price To Cash Flow (TTM)
5.02
Total Debt To Equity (MRQ)
50.90
LT Debt To Equity (MRQ)
50.90
Return on Investment (TTM)
-7.13
Return on Equity (TTM)
-6.85

Latest News

Latest News

BRIEF-Surge Announces Approval Of Normal Course Issuer Bid

* SURGE ENERGY INC - AS APPROVED BY TSX, CO IS AUTHORIZED TO PURCHASE UP TO 11.7 MILLION COMMON SHARES UNDER NORMAL COURSE ISSUER BID Source text for Eikon: Further company coverage:

BRIEF-Surge Energy Announces Pricing Of $700 Mln Of Its 7.5 Pct Senior Notes

* SURGE ENERGY ANNOUNCES PRICING OF $700.0 MILLION OF ITS 7.500% SENIOR NOTES DUE 2026 Source text for Eikon: Further company coverage:

BRIEF-Surge Energy Says Anticipates Spending $98.75 Mln Of Total Capital In 2018

* SURGE ENERGY INC - IN 2018 SURGE ANTICIPATES SPENDING $98.75 MILLION OF TOTAL CAPITAL

BRIEF-Surge Energy Inc. announces third quarter 2017 results

* Surge Energy Inc - increased oil production 16 percent from 9,807 barrels per day in Q3 2016 to 11,380 barrels per day in Q3 2017

BRIEF-Surge energy announces $37.2 million Sparky Core Area acquisition

* Surge Energy Inc. announces $37.2 million sparky core area acquisition; $40 million convertible debenture financing; upward revision to 2017 exit guidance; 2018 preliminary guidance

BRIEF-Surge Energy announces $37 mln Sparky Area acquisition

* Surge Energy Inc announces $37 million core sparky area acquisition; upward revision to 2017 guidance; increased dividend

BRIEF-Surge Energy qtrly earnings per share $0.10

* Surge energy inc. Announces q4 and year end 2016 results; exceeds 2016 production exit rate target; cash flow per share up 43 percent; confirms march 2017 dividend

BRIEF-SURGE ENERGY SAYS TO INCREASE ITS DIVIDEND FROM $0.075 PER YEAR TO $0.085 PER YEAR

* SURGE ENERGY INC. ANNOUNCES INTENDED 15 PERCENT INCREASE TO ITS DIVIDEND - ON GROWING PRODUCTION VOLUMES AND FREE FUNDS FLOW

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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