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

Surge Energy Inc. (TSE:SGY) declared a monthly dividend on Friday, July 31st, TickerTech Dividends reports. Shareholders of record on Monday, August 17th will be paid a dividend of 0.0433 per share on Monday, August 17th. This represents a c) dividend on an annualized basis and a yield of 5.4%. The ex-dividend date of this dividend is Friday, July 31st.

Surge Energy Trading Down 2.3%

Shares of SGY stock opened at C$9.71 on Wednesday. Surge Energy has a 1 year low of C$6.42 and a 1 year high of C$10.65. The firm has a market capitalization of C$972.88 million, a PE ratio of 138.71, a price-to-earnings-growth ratio of 0.59 and a beta of -0.39. The stock has a fifty day moving average of C$9.66 and a two-hundred day moving average of C$8.84. The company has a debt-to-equity ratio of 34.75, a quick ratio of 0.40 and a current ratio of 0.58.

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

About Surge Energy

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.