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Surge Energy Inc. completed the acquisition of 50% stake in 6-8 gas plant in the Betty Lake area for CAD 3.7 million. CI
Surge Energy Coverage Reinstated at BMO With an Outperform Rating and a C$10.00 Price Target MT
North American Morning Briefing : Powell Still in the Spotlight; ECB Rate Decision Looms DJ
Surge Energy Inc. Reports Earnings Results for the Full Year Ended December 31, 2023 CI
Surge Energy Brief: Announcing Record Annual Production In 2023 MT
Surge Energy Brief: Q4 Loss Per Share Basic 0.30 and Diluted 0.29 MT
Surge Energy Inc. Announces Unaudited Consolidated Production Results for the Fourth Quarter and Full Year Ended December 31, 2023 CI
Shale producer Devon Energy in bid to acquire Enerplus -sources RE
Exclusive-Shale producer Devon Energy in bid to acquire Enerplus -sources RE
Surge Energy Kept at Buy at Stifel FirstEnergy Following 2024 Guidance; Price Target Lowered to C$12.00 MT
Surge Energy Maintained at Market Perform at BMO Following 2024 Guidance; Price Target Cut to C$9.00 MT
Surge Energy Details 2024 Capital, Operating Budget; Releases Annual Sustainability Report; National Bank Notes 'Disciplined Approach' MT
Surge Energy Details 2024 Capital, Operating Budget; Releases Annual Sustainability Report MT
Surge Energy Maintained at Outperform at National Bank as Q3 Results Meet Expectations MT
North American Morning Briefing : S&P 500 Futures Pause After Soft Apple Guidance DJ
Surge Energy Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 CI
Surge Energy Inc. Announces Unaudited Consolidated Production Results for the Third Quarter and Nine Months Ended September 30, 2023 CI
Surge Energy Inc. Provides Production Guidance for the Year 2023 CI
Surge Energy Maintained at Market Perform By BMO Following Close of Debenture Offer; Price Target Raised to C$10.50 MT
Surge Energy Maintained at Outperform at National Bank as Debenture Offer Closes; Price Target Kept at C$13.00 MT
Surge Energy Brief: Closed Convertible Debenture Financing and Notice of Redemption on 6.75% Convertible Debentures Due June 30, 2024 MT
Surge Energy Inc. announced that it expects to receive $6.3 million in funding CI
National Bank Maintains Rating, Price Target on Surge Energy as Commodity, Execution Drive Returns MT
National Bank Notes Surge Energy's Q2 Operational, Financial Results In Line With Estimates MT
Surge Energy Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023 CI
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Surge Energy Inc. is an oil focused exploration and production company. The Company’s business consists of the exploration, development and production of oil and gas from properties in Western Canada. The Company’s operations include Sparky, SE Saskatchewan, Greater Sawn, Valhalla and Shaunavon. The Sparky operation offers light/medium crude oil production with compelling returns. The SE Saskatchewan operation maintains asset base oil operating netbacks. Its development consists of low-cost wells with short payouts and SE Saskatchewan provides potential for continued area consolidation. The Valhalla operation is offering stacked pay multi-zone potential with light oil and provides range of area infrastructure and access to multiple egress options supports attractive operating netbacks. The Shaunavon operation is producing low decline, medium gravity crude oil with high operating netbacks.
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More about the company
Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
7.21 CAD
Average target price
11.7 CAD
Spread / Average Target
+62.27%
Consensus
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  5. National Bank Maintains Rating, Price Target on Surge Energy as Commodity, Execution Drive Returns
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