Surge Energy Inc (TSE:SGY) Director Paul Colborne bought 10,000 shares of Surge Energy stock in a transaction dated Wednesday, March 22nd. The shares were bought at an average cost of C$2.35 per share, with a total value of C$23,500.00.

Paul Colborne also recently made the following trade(s):

  • On Wednesday, March 29th, Paul Colborne bought 10,000 shares of Surge Energy stock. The shares were bought at an average cost of C$2.64 per share, with a total value of C$26,400.00.
  • On Tuesday, February 28th, Paul Colborne acquired 5,000 shares of Surge Energy stock. The stock was acquired at an average cost of C$2.64 per share, with a total value of C$13,200.00.
  • On Friday, February 24th, Paul Colborne purchased 10,000 shares of Surge Energy stock. The stock was purchased at an average cost of C$2.71 per share, with a total value of C$27,100.00.
  • On Monday, February 27th, Paul Colborne acquired 5,000 shares of Surge Energy stock. The shares were bought at an average price of C$2.70 per share, for a total transaction of C$13,500.00.
  • On Monday, February 6th, Paul Colborne acquired 5,000 shares of Surge Energy stock. The shares were bought at an average price of C$2.69 per share, for a total transaction of C$13,450.00.
  • On Thursday, February 2nd, Paul Colborne acquired 10,000 shares of Surge Energy stock. The shares were bought at an average price of C$2.82 per share, for a total transaction of C$28,200.00.
  • On Friday, February 3rd, Paul Colborne acquired 5,000 shares of Surge Energy stock. The shares were bought at an average price of C$2.80 per share, for a total transaction of C$14,000.00.

Surge Energy Inc (TSE:SGY) traded down 0.75% during trading on Friday, hitting $2.66. 1,089,656 shares of the company’s stock were exchanged. Surge Energy Inc has a 52-week low of $2.05 and a 52-week high of $3.45. The firm has a 50 day moving average price of $2.59 and a 200 day moving average price of $2.83. The company’s market cap is $600.54 million.

Insider Buying and Selling by Quarter for Surge Energy (TSE:SGY)

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SGY has been the topic of a number of analyst reports. Scotiabank reiterated a “sector perform” rating and issued a C$3.25 target price on shares of Surge Energy in a research report on Thursday, March 16th. TD Securities reiterated a “buy” rating and issued a C$4.00 target price on shares of Surge Energy in a research report on Thursday, March 16th. Finally, BMO Capital Markets lifted their target price on shares of Surge Energy from C$3.00 to C$3.25 and gave the stock an “outperform” rating in a research report on Thursday. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Surge Energy currently has an average rating of “Buy” and a consensus price target of C$3.38.

About Surge Energy

Surge Energy Inc is a Canada-based oil and gas exploration, development and production company. The Company’s principal oil and natural gas producing properties are located in Alberta and Saskatchewan, and focused on over three core areas: Western Alberta, Southeast Alberta and Southwest Saskatchewan.

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