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StockVS

TSX · Oil & Gas E&P · CAD

Surge Energy Inc. (SGY.TO) Stock Analysis

Surge Energy Inc. (SGY.TO) is a Oil & Gas E&P stock listed on TSX and quoted in Canadian Dollar.

SGY.TO

CA$11.16

+CA$0.08 (+0.72%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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SGY.TO Key Statistics

As of Sep 4, 2026
Trading
Open
CA$11.00
Previous Close
CA$11.08
Day's Range
10.84–11.18
52-Week Range
6.42–11.44
Volume
839.20K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.63
Valuation
Market Cap
CA$1.11B
P/E Ratio
25.36
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
6.97
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
2.07
EPS (ttm)Profit attributable to each share over the last twelve months.
0.44
Financials (FY)
Revenue (FY)
CA$579.49M−12.90%
Net Income (FY)
CA$40.26M
Profit marginThe share of revenue left as profit after all costs and taxes.
8.39%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
99.19M
1-Year Return
+72.89%
Dividend and dates
Dividend
CA$0.52+4.66%
Ex-Dividend Date
August 31, 2026
Earnings Date
November 4, 2026
Avg Volume
731.73K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

SGY.TO Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+67.25%
2025+29.62%
2024−3.77%
2023−24.61%
2022+112.09%
2021+72.94%
2020−73.14%
2019−16.11%
2018−26.27%
2017−34.28%
2016 (partial year)+37.75%

As of September 4, 2026.

SGY.TO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025CA$579.49MCA$40.26M6.9%
2024CA$665.30M−CA$53.72M−8.1%
2023CA$678.16MCA$15.75M2.3%
2022CA$734.47MCA$231.72M31.5%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$579.49MCA$294.97MCA$82.89MCA$40.26M6.9%
2024CA$665.30MCA$356.90MCA$121.49M−CA$53.72M−8.1%
2023CA$678.16MCA$361.17MCA$114.72MCA$15.75M2.3%
2022CA$734.47MCA$464.61MCA$268.11MCA$231.72M31.5%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

SGY.TO Dividend History

CA$0.52+3.6% vs 2024

Dividends per share, 2025 · 12 payments

YearDividends per sharePaymentsChange
2026*CA$0.348—
2025CA$0.5212+3.6%
2024CA$0.5012+3.8%
2023CA$0.4812+95.9%
YearDividends per sharePaymentsChange
2026 (partial year)CA$0.348—
2025CA$0.5212+3.6%
2024CA$0.5012+3.8%
2023CA$0.4812+95.9%
2022CA$0.257—
2020CA$0.143−82.3%
2019CA$0.8212+0.0%
2018CA$0.8212+5.5%
2017CA$0.7712+279.2%
2016CA$0.204—

Most recent payment: CA$0.04 per share, ex-dividend August 31, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

SGY.TO Valuation vs Oil & Gas E&P Median

Median of 122 stocks
MetricSGY.TOOil & Gas E&P medianvs median
P/E25.3615.0069% above
P/S ratio2.072.3311% below
Profit margin8.39%11.54%3.2 pts below

Medians across 122 Oil & Gas E&P stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

The market values Surge Energy Inc. (SGY.TO) at CA$1.11B. It is classified in the Oil & Gas E&P industry, within the Energy sector. The company reports 86 employees.

The 52-week range on file runs from CA$6.42 to CA$11.44. The most recent close on file for SGY.TO is CA$11.16, dated September 4, 2026. That is +CA$0.08 (+0.72%) against the previous close. The latest close sits 73.83% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of CA$579.49M. That is −12.90% against the prior fiscal year, when revenue was CA$665.30M. The same year closed with net income of CA$40.26M. The reported profit margin is 8.39%. That is 3.2 percentage points below the Oil & Gas E&P median of 11.54%. Trailing earnings per share are 0.44.

Across the 4 fiscal years on file, revenue moves from CA$734.47M in 2022 to CA$579.49M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 25.36. That is 69.07% above the Oil & Gas E&P median of 15. On forward earnings the ratio is 6.98. Measured against sales, the shares trade at 2.07 times revenue. On price-to-sales that is 11.01% below the Oil & Gas E&P median of 2.33. The medians here are taken across 122 Oil & Gas E&P companies that report the metric.

The reported beta is 0.63. Daily returns over the trailing 10 years annualize to a volatility of 58.16%. The trailing one-year price return is +72.89%. Measured over 10 years, that is −0.98% a year compounded.

Growth & Income

SGY.TO pays a dividend yielding 4.66%. That is 1.2 percentage points above the Oil & Gas E&P median yield of 3.49%. The indicated annual rate is CA$0.52 a share. The ex-dividend date on file is August 31, 2026. Dividends are recorded for 10 calendar years; 2026 shows 8 payments totalling CA$0.34 a share. The year before, 2025, totalled CA$0.52 a share.

So far in 2026 the price is +67.25%. The strongest complete calendar year on file is 2022 at +112.09%; the weakest is 2020 at −73.14%. Of the 9 complete calendar years on file, 3 finished higher.

Peer Comparison

Surge Energy Inc. (SGY.TO) operates in the Oil & Gas E&P industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Surge Energy Inc. SGY.TO CA$1.11B 25.4
ConocoPhillips COP CA$161.29B 17.9
Canadian Natural Resources Limited CNQ CA$104.02B 12.5
EOG Resources, Inc. EOG CA$76.16B 11.4

The Oil & Gas E&P industry average P/E ratio is 15.0x. Surge Energy Inc. trades at a P/E of 25.4.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Surge Energy Inc.

Surge Energy Inc. engages in the exploration, development, and production of oil and gas properties in Western Canada. It holds interests in the oil and natural gas producing properties located in Sparky Alberta and Southeast Saskatchewan, as well as in Greater Sawn and Nevis, and Manitoba properties. 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.

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