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The latest announcement is out from Surge Energy ( (TSE:SGY) ).
Surge Energy Inc. has confirmed a cash dividend of $0.043333 per share to be paid on February 16, 2026, to shareholders of record on January 31, 2026, in respect of January 2026 production, and classified the payment as an eligible dividend for Canadian tax purposes. The announcement reinforces Surge’s commitment to returning capital to shareholders and underscores the company’s ongoing free cash flow generation and dividend-focused strategy within the conventional oil segment.
The most recent analyst rating on (TSE:SGY) stock is a Hold with a C$7.00 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.
The score is driven mainly by improving financial performance with strong operating cash flow and positive free cash flow, supported by a high dividend yield and a moderate P/E. Offsetting these positives, technical indicators show muted/negative near-term momentum and the company’s earnings profile remains volatile with slightly lower TTM revenue.
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 based in Calgary, focused on acquiring and developing high-quality, conventional oil reservoirs using proven technology to enhance ultimate recoveries. The company’s strategy emphasizes generating free cash flow to support enhanced shareholder returns, positioning it as a dividend-paying producer in the Canadian energy sector.
Average Trading Volume: 604,121
Technical Sentiment Signal: Buy
Current Market Cap: C$670.6M
See more insights into SGY stock on TipRanks’ Stock Analysis page.