Surge Energy (TSE:SGY) has released an update.
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Surge Energy Inc. has announced an 8 percent increase in its monthly dividend, now $0.043 per share, reflecting a strong operational strategy and robust cash flow projections for 2024. This hike is part of the oil company’s commitment to enhancing shareholder returns against a backdrop of strategic acquisitions and technological advancements in conventional oil reservoir development.
For further insights into TSE:SGY stock, check out TipRanks’ Stock Analysis page.