Atb Cap Markets Comments on Surge Energy Q1 Earnings

Surge Energy Inc. (TSE:SGY) – Stock analysts at Atb Cap Markets issued their Q1 2026 earnings estimates for shares of Surge Energy in a research report issued to clients and investors on Thursday, May 8th. Atb Cap Markets analyst A. Arif expects that the company will post earnings per share of $0.09 for the quarter. Atb Cap Markets also issued estimates for Surge Energy’s Q2 2026 earnings at $0.08 EPS, Q3 2026 earnings at $0.09 EPS, Q4 2026 earnings at $0.09 EPS and FY2027 earnings at $0.25 EPS.

Separately, Raymond James lowered shares of Surge Energy from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from C$8.50 to C$6.00 in a report on Wednesday, April 9th.

Surge Energy Price Performance

SGY opened at C$4.98 on Monday. The firm has a market cap of C$500.80 million, a price-to-earnings ratio of -6.25, a PEG ratio of 0.59 and a beta of 2.54. The company has a current ratio of 0.66, a quick ratio of 0.40 and a debt-to-equity ratio of 31.48. Surge Energy has a twelve month low of C$4.37 and a twelve month high of C$7.39. The company has a fifty day simple moving average of C$5.25 and a 200 day simple moving average of C$5.52.

Insider Activity

In other news, Senior Officer Murray Bye acquired 11,845 shares of the business’s stock in a transaction that occurred on Friday, May 9th. The shares were purchased at an average cost of C$4.88 per share, for a total transaction of C$57,803.60. Company insiders own 1.97% of the company’s stock.

Surge Energy Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 15th will be issued a $0.0433 dividend. This represents a $0.52 annualized dividend and a dividend yield of 10.43%. The ex-dividend date of this dividend is Wednesday, April 30th. Surge Energy’s dividend payout ratio (DPR) is presently -65.21%.

Surge Energy Company Profile

Surge Energy Inc is engaged in the exploration, development, and production of oil and gas from properties in western Canada. The company generates its revenue from the sale of petroleum and natural gas products such as Oil, Natural gas liquids and Natural gas, of which a majority of the revenue is derived from the sale of oil.