Surge Energy (ZPTAF) Stock Price, News & Analysis

Company Overview

Surge Energy Inc. explores, develops, and produces oil and gas in western Canada. Its principal properties are located in the areas of Sparky, Southeast Saskatchewan, Carbonates, Valhalla, and Shaunavon in Alberta and Saskatchewan. The company was formerly known as Zapata Energy Corporation and changed its name to Surge Energy Inc. in June 2010. Surge Energy Inc. was incorporated in 1998 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: $3.46 to $3.63
• 50-Day Range: $3.46 to $4.66
• 52-Week Range: $3.45 to $6.01
• Volume: 14,138 shs
• Average Volume: 45,340 shs
• Market Capitalization: N/A
• P/E Ratio: 8.95
• Dividend Yield: 11.73%
• Price Target: $9.00
• Consensus Rating: Buy

Surge Energy Stock Analysis - MarketRank™

Surge Energy scored higher than 39% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Surge Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Surge Energy has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Surge Energy is 8.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.42.

Price to Earnings Ratio vs. Sector

The P/E ratio of Surge Energy is 8.95, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 95.81.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Surge Energy has a short interest ratio ("days to cover") of 23.8, which indicates bearish sentiment.

Change versus previous month

Short interest in Surge Energy has recently increased by 5.63%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Surge Energy is a leading dividend payer. It pays a dividend yield of 25.36%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Surge Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Surge Energy is 104.97%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Surge Energy has a short interest ratio ("days to cover") of 23.8, which indicates bearish sentiment.

Change versus previous month

Short interest in Surge Energy has recently increased by 5.63%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: N/A

News Sentiment

Surge Energy has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Energy companies.

MarketBeat Follows

1 people have added Surge Energy to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Surge Energy insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 18.04% of the stock of Surge Energy is held by institutions.

ZPTAF Stock Analysis - Frequently Asked Questions

How have ZPTAF shares performed this year?

Surge Energy's stock was trading at $4.91 at the beginning of 2024. Since then, ZPTAF stock has decreased by 26.8% and is now trading at $3.5956.
View the best growth stocks for 2024 here.

When did Surge Energy's stock split?

Surge Energy shares reverse split before market open on Friday, August 20th 2021. The 1-8.5 reverse split was announced on Friday, August 20th 2021. The number of shares owned by shareholders was adjusted after the closing bell on Friday, August 20th 2021. An investor that had 100 shares of stock prior to the reverse split would have 12 shares after the split.

How do I buy shares of Surge Energy?

Shares of ZPTAF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Ex-Dividend for 11/15 Dividend: 10/31/2024
• Dividend Payable: 11/15/2024
• Ex-Dividend for 12/16 Dividend: 11/29/2024
• Dividend Payable: 12/16/2024
• Today: 12/22/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:ZPTAF
• CUSIP: N/A
• CIK: N/A
• Web: www.surgeenergy.ca
• Phone: (403) 930-1010
• Fax: N/A
• Employees: 93
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $9.00
• High Stock Price Target: $9.00
• Low Stock Price Target: $9.00
• Potential Upside/Downside: +150.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 8.95
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A