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 paid 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 Performance

Shares of TSE SGY opened at C$9.22 on Friday. The company has a debt-to-equity ratio of 34.75, a current ratio of 0.58 and a quick ratio of 0.40. The firm has a market cap of C$923.79 million, a price-to-earnings ratio of 131.71, a P/E/G ratio of 0.59 and a beta of -0.42. The stock’s fifty day moving average price is C$9.73 and its two-hundred day moving average price is C$8.42. Surge Energy has a one year low of C$6.05 and a one year high of C$10.65.

Surge Energy (TSE:SGY) last posted its earnings results on Wednesday, May 6th. The company reported C($0.25) earnings per share for the quarter. The firm 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%.

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.