Surge Energy Inc. (TSE:SGY) Announces $0.04 Monthly Dividend

Surge Energy Inc. (TSE:SGY) declared a monthly dividend on Tuesday, June 30th, TickerTech Dividends reports. Shareholders of record on Wednesday, July 15th will be given a dividend of 0.0433 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date is Tuesday, June 30th.

Surge Energy Stock Up 0.4%

TSE:SGY opened at C$9.22 on Friday. The firm has a market capitalization of C$923.79 million, a price-to-earnings ratio of 131.71, a price-to-earnings-growth ratio of 0.59 and a beta of -0.42. Surge Energy has a twelve month low of C$6.05 and a twelve month high of C$10.65. The stock’s 50 day moving average price is C$9.73 and its two-hundred day moving average price is C$8.42. The company has a quick ratio of 0.40, a current ratio of 0.58 and a debt-to-equity ratio of 34.75.

Surge Energy (TSE:SGY) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C($0.25) earnings per share (EPS) for the quarter. The company had revenue of C$75.00 million for the quarter. Surge Energy had a return on equity of 1.01% and a net margin of 1.39%.

Surge Energy Company Profile

Surge Energy Inc is engaged in the exploration, development, and production of oil and gas from properties in western Canada. The company generates its revenue from the sale of petroleum and natural gas products such as Oil, Natural gas liquids and Natural gas, of which a majority of the revenue is derived from the sale of oil.