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

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 given 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 is Friday, July 31st.

Surge Energy Price Performance

Shares of SGY opened at C$9.71 on Wednesday. Surge Energy has a fifty-two week low of C$6.42 and a fifty-two week high of C$10.65. The company has a debt-to-equity ratio of 34.75, a quick ratio of 0.40 and a current ratio of 0.58. The company has a 50 day moving average price of C$9.66 and a 200-day moving average price of C$8.84. The stock has a market capitalization of C$972.88 million, a PE ratio of 138.71, a PEG ratio of 0.59 and a beta of -0.39.

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