Surge Energy Announces June 2025 Dividend

Surge Energy ( (TSE:SGY) ) has shared an update.

Surge Energy Inc. has announced a cash dividend of $0.043333 per share to be paid on June 16, 2025, for shareholders of record on May 31, 2025, in respect of May 2025 production. This dividend is part of the company’s strategy to enhance shareholder returns and reflects its ongoing commitment to leveraging free cash flow generation through its operations.

The most recent analyst rating on (TSE:SGY) stock is a Buy with a C$10.00 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.

Average Trading Volume: 572,768

Technical Sentiment Signal: Sell

Current Market Cap: C$533.4M

See more insights into SGY stock on TipRanks’ Stock Analysis page.