Surge Energy Q3 EPS Forecast Increased by Atb Cap Markets

Surge Energy Inc. (TSE:SGY) – Equities researchers at Atb Cap Markets lifted their Q3 2025 EPS estimates for Surge Energy in a report released on Thursday, March 6th. Atb Cap Markets analyst A. Arif now anticipates that the company will post earnings of $0.21 per share for the quarter, up from their prior estimate of $0.18. Atb Cap Markets also issued estimates for Surge Energy’s Q4 2025 earnings at $0.19 EPS, FY2026 earnings at $0.52 EPS and FY2027 earnings at $0.21 EPS.

Separately, BMO Capital Markets dropped their target price on Surge Energy from C$11.00 to C$9.00 in a research note on Friday, December 13th.

Surge Energy Stock Performance

Shares of TSE:SGY opened at C$5.30 on Monday. The company has a market capitalization of C$532.98 million, a price-to-earnings ratio of -6.65, a price-to-earnings-growth ratio of 0.59 and a beta of 2.54. The company has a quick ratio of 0.40, a current ratio of 0.66 and a debt-to-equity ratio of 31.48. Surge Energy has a 52 week low of C$4.80 and a 52 week high of C$8.16. The firm has a 50 day moving average of C$5.68 and a 200 day moving average of C$5.85.

Insider Buying and Selling at Surge Energy

In other news, Director James Murray Pasieka sold 11,213 shares of the stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of C$5.23, for a total value of C$58,643.99. 1.97% of the stock is owned by insiders.

Surge Energy Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 17th will be issued a $0.0433 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.52 dividend on an annualized basis and a yield of 9.80%. Surge Energy’s payout ratio is currently -65.21%.

About Surge Energy

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.