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An announcement from Surge Energy ( (TSE:SGY) ) is now available.
Surge Energy Inc. has announced a cash dividend of $0.043333 per share to be paid on August 15, 2025, for shareholders of record on July 31, 2025. This dividend reflects the company’s ongoing commitment to enhancing shareholder returns and is classified as an eligible dividend under Canadian tax law.
The most recent analyst rating on (TSE:SGY) stock is a Buy with a C$11.25 price target. To see the full list of analyst forecasts on Surge Energy stock, see the TSE:SGY Stock Forecast page.
Spark’s Take on TSE:SGY Stock
According to Spark, TipRanks’ AI Analyst, TSE:SGY is a Neutral.
Surge Energy’s overall stock score reflects its financial struggles with negative profitability, balanced by robust cash flow and shareholder returns. Technical indicators suggest caution, while a high dividend yield provides some support. The company’s strategic focus on generating cash flow and rewarding shareholders positively impacts its market positioning.
To see Spark’s full report on TSE:SGY stock, click here.
More about Surge Energy
Surge Energy Inc. is an intermediate, publicly traded oil company that focuses on enhancing shareholder returns through free cash flow generation. The company operates by acquiring and developing high-quality, conventional oil reservoirs, utilizing proven technology to improve ultimate oil recoveries.
Average Trading Volume: 473,149
Technical Sentiment Signal: Buy
Current Market Cap: C$674.1M
For detailed information about SGY stock, go to TipRanks’ Stock Analysis page.