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Surge Energy ( (TSE:SGY) ) has provided an update.
Surge Energy Inc. has confirmed a cash dividend of $0.043333 per share to be paid on July 15, 2025, for shareholders of record as of June 30, 2025. This announcement reflects the company’s ongoing commitment to shareholder returns and its strategic focus on leveraging high-quality oil reservoirs to generate free cash flow.
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 using proven technology to enhance ultimate oil recoveries.
YTD Price Performance: 8.89%
Average Trading Volume: 467,472
Technical Sentiment Signal: Hold
Current Market Cap: C$600.9M
See more data about SGY stock on TipRanks’ Stock Analysis page.