Surge Energy Inc. Stock News

Surge Energy's Q4 results showed a capex-heavy quarter but remained free cash flow positive. The company anticipates generating C$295M in operating cash flow in 2024, resulting in a net free cash flow

Surge Energy's Q3 performance and potential dividend increases are coming. Shareholders can expect 50% of free cash flow to be returned to them in some form. The current stock price is considered attr

CALGARY, Alberta, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Surge Energy Inc. (“Surge” or the “Company”) (TSX: SGY) is pleased to announce a public offering (the “Offering”) on a “bought deal�

Surge Energy benefits from a narrowing WCS differential, boosting cash flow results in Q2. The company plans to exit 2023 with a production rate 6% higher than Q2. Surge Energy's convertible debenture

Surge Energy recently closed a C$202M acquisition which boosted its production rate by about 20%. The company was free cash flow positive in Q1 but has been 'overspending' on its dividend based on its

Surge is currently yielding out at 5%, but is it enough? Surge jumped at the opportunity to buy Enerplus's Canadian assets for $245 million, setting the net debt target back.

Surge Energy reported strong cash flow results despite a realized loss on the hedge book. The company repaid one of the debentures early, the 6.75% 2024 convertible debenture remains outstanding.

Surge Energy is a Canadian oil and gas producer with an output of 21,000 barrels of oil equivalent per day. The Q2 performance was overshadowed by hedging losses. Despite that, Surge remained firmly f

Debt needs to be repaid. The company issued a lot of shares for acquisitions and operating money. This indicates a level of financial stress in the past.

Surge Energy is on the right track to post an excellent free cash flow result this year, despite some residual hedges. This makes me feel very comfortable about the repayment of the 2022 debentures wh

Surge Energy <> shares move sharply higher a day after the Canadian oil and gas producer said it plans to reinstate its dividend in 2022 and will evaluate the potential for…

Surge Energy Inc. (OTCMKTS:ZPTAF) was the target of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 200,000 shares, a growth of 25.3% from the November 15th total of 159,600 shares. Based on an average trading volume of 57,200 shares, the short-interest ratio is []

Shares of Surge Energy Inc. (TSE:SGY) have received a consensus recommendation of Buy from the eight analysts that are presently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokers that []

Surge Energy Inc. (OTCMKTS:ZPTAF) was the target of a large growth in short interest in October. As of October 29th, there was short interest totalling 59,600 shares, a growth of 204.1% from the October 14th total of 19,600 shares. Based on an average trading volume of 79,000 shares, the days-to-cover ratio is currently 0.8 days. []