Surge Energy Inc. (TSE:SGY – Free Report) – Roth Capital issued their Q2 2025 earnings per share (EPS) estimates for Surge Energy in a research note issued on Sunday, July 13th. Roth Capital analyst J. Somerville forecasts that the company will post earnings of $0.37 per share for the quarter. Roth Capital currently has a “Strong-Buy” rating on the stock. Roth Capital also issued estimates for Surge Energy’s Q3 2025 earnings at $0.08 EPS, Q4 2025 earnings at ($0.02) EPS, FY2025 earnings at $0.51 EPS, Q1 2026 earnings at $0.00 EPS, Q2 2026 earnings at $0.03 EPS, Q3 2026 earnings at $0.13 EPS, Q4 2026 earnings at $0.14 EPS and FY2026 earnings at $0.30 EPS.
Separately, Raymond James Financial raised Surge Energy from a “hold” rating to a “moderate buy” rating and raised their price objective for the stock from C$6.00 to C$8.00 in a report on Thursday, July 3rd. One research analyst has rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Surge Energy currently has a consensus rating of “Strong Buy” and an average price target of C$10.00.
Surge Energy Trading Down 1.2%
SGY opened at C$6.59 on Wednesday. The company has a debt-to-equity ratio of 31.48, a quick ratio of 0.40 and a current ratio of 0.66. Surge Energy has a one year low of C$4.37 and a one year high of C$7.29. The company has a market cap of C$662.71 million, a P/E ratio of -8.26, a PEG ratio of 0.59 and a beta of 2.54. The business’s 50-day simple moving average is C$5.86 and its 200-day simple moving average is C$5.61.
Surge Energy Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Friday, August 15th. Investors of record on Friday, August 15th will be paid a dividend of $0.0433 per share. This represents a $0.52 annualized dividend and a dividend yield of 7.88%. The ex-dividend date is Thursday, July 31st. Surge Energy’s payout ratio is -65.21%.
Insider Transactions at Surge Energy
In other Surge Energy news, Senior Officer Murray Bye purchased 11,845 shares of the business’s stock in a transaction on Friday, May 9th. The stock was bought 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.
About Surge Energy
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.
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