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Surge Energy Inc. (SGY.TO)
Calgary, AB, CA
Operating in western Canada, Surge Energy Inc. is engaged in the exploration, development, and production of petroleum and natural gas resources. Its portfolio includes significant interests in several key regions: the Greater Sawn Lake area in Northern Alberta; the Valhalla/Wembley property situated in northwestern Alberta; the Sparky assets, spanning eastern Alberta (between Provost and Wainwright) and western Saskatchewan; and the Shaunavon properties, positioned southwest of Swift Current, Saskatchewan. Across these holdings, the company maintains substantial average working interests: approximately 84% in 123,884 net developed acres and 83% in 68,031 net undeveloped acres within the Greater Sawn region; about 70% in 22,920 net developed acres and 72% in 10,680 net undeveloped acres in the Valhalla area; and roughly 90% in 59,655 net developed acres and 98% in 47,398 net undeveloped acres in the Sparky area. As of December 31, 2021, its operations encompassed 362 net oil and 20 net gas wells in Greater Sawn; 100 net oil and 9 net gas wells in Valhalla; 424 net oil and 6 net gas wells in Sparky; and 185 net oil wells in the Shaunavon properties, where it also holds an average working interest of around 100% in 24,249 net developed acres and 12,021 net undeveloped acres. Incorporated in 1998, the company adopted its current name, Surge Energy Inc., in June 2010, having previously operated as Zapata Energy Corporation. Its corporate headquarters are located in Calgary, Canada.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.62% | +6.09% | +8.93% | +31.36% | +40.03% | +41.45% | +89.51% | +28.08% | +112.64% | -49.87% | +7,512.51% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 3 | 0 |
| Buy | 6 | 0 |
| Hold | 0 | -1 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Oil & Gas Exploration & Production: +0.0%-27.7% Q1'26: -18.5% (vs Q1'25)
-
EPS growth Oil & Gas Exploration & Production: +11.9%+175.5% ★ Q1'26: -407.1% (vs Q1'25)
-
FCF margin FCF growth · Oil & Gas Exploration & Production: +19.3%+14.4% Q1'26: +11.4% (vs Q1'25)
-
EBIT margin Oil & Gas Exploration & Production: +22.0%+17.2% Q1'26: +23.5% (vs Q1'25)
-
ROIC Oil & Gas Exploration & Production: +5.1%+6.5% ★ Q1'26: +10.2% (vs Q1'25)
-
Share dilution Oil & Gas Exploration & Production: +0.0%+0.1% Q1'26: -2.4% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Oil & Gas Exploration & Production: 0.70×0.87× Q1'26: 0.76× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2009 actual |
Dec 2010 actual |
Dec 2011 actual |
Dec 2012 actual |
Dec 2013 actual |
Dec 2014 actual |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 3 Rev. Ana. 2 EPS Ana. |
Dec 2027 3 Rev. Ana. 2 EPS Ana. |
Dec 2028 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
42.50M
est: 43.64M (-2.6%)
|
49.81M
est: 56.80M (-12.3%)
|
131.49M
est: 129.00M (+1.9%)
|
192.66M
est: 189.43M (+1.7%)
|
271.93M
est: 259.82M (+4.7%)
|
485.69M
est: 480.45M (+1.1%)
|
237.90M
est: 246.85M (-3.6%)
|
165.57M
est: 167.12M (-0.9%)
|
240.91M
est: 235.07M (+2.5%)
|
307.37M
est: 308.25M (-0.3%)
|
398.65M
est: 387.05M (+3.0%)
|
215.82M
est: 209.50M (+3.0%)
|
414.64M
est: 409.00M (+1.4%)
|
734.47M
est: 666.76M (+10.2%)
|
558.64M
est: 570.31M (-2.0%)
|
665.30M
est: 659.70M (+0.8%)
|
480.72M
est: 585.50M (-17.9%)
|
651.87M
558.48M – 822.50M
+11.3% YoY
|
581.43M
537.28M – 639.89M
-10.8% YoY
|
504.70M
448.86M – 597.37M
-13.2% YoY
|
| EBITDA |
17.34M
est: 11.00M (+57.7%)
|
13.68M
est: 19.91M (-31.3%)
|
56.87M
est: 27.45M (+107.2%)
|
5.62M
est: 77.39M (-92.7%)
|
79.91M
est: 1.65M (+4,755.3%)
|
128.19M
est: 125.88M (+1.8%)
|
-141.10M
est: 55.36M (-354.9%)
|
61.87M
est: -104.14M (+159.4%)
|
94.58M
est: 74.28M (+27.3%)
|
49.60M
est: 102.95M (-51.8%)
|
-8.46M
est: 36.56M (-123.1%)
|
-570.93M
est: -13.92M (-4,000.2%)
|
542.12M
est: -14.27M (+3,898.8%)
|
340.70M
est: -3.89M (+8,863.2%)
|
307.51M
est: 323.95M (-5.1%)
|
163.24M
est: 374.89M (-56.5%)
|
279.05M
est: 332.58M (-16.1%)
|
370.28M
317.24M – 467.21M
+11.3% YoY
|
330.27M
305.19M – 363.48M
-10.8% YoY
|
286.69M
254.97M – 339.33M
-13.2% YoY
|
| EBIT |
-1.68M
est: 2.71M (-162.0%)
|
-5.31M
est: -4.82M (-10.3%)
|
8.38M
est: -24.18M (+134.6%)
|
-63.65M
est: 6.17M (-1,131.9%)
|
-4.29M
est: -98.07M (+95.6%)
|
-38.41M
est: -25.58M (-50.1%)
|
-267.70M
est: -28.77M (-830.4%)
|
-22.00M
est: -185.12M (+88.1%)
|
2.35M
est: -44.74M (+105.2%)
|
-69.04M
est: -10.72M (-544.2%)
|
-171.91M
est: -114.55M (-50.1%)
|
-675.97M
est: -75.32M (-797.4%)
|
424.92M
est: -77.20M (+650.4%)
|
191.38M
est: -21.03M (+1,010.0%)
|
56.19M
est: 169.15M (-66.8%)
|
-33.65M
est: 195.75M (-117.2%)
|
82.89M
est: 173.66M (-52.3%)
|
193.34M
165.65M – 243.95M
+11.3% YoY
|
172.45M
159.36M – 189.79M
-10.8% YoY
|
149.69M
133.13M – 177.18M
-13.2% YoY
|
| Net Income |
-2.11M
est: -16.29M (+87.0%)
|
-7.70M
est: -2.73M (-181.6%)
|
2.10M
est: -22.44M (+109.3%)
|
-53.24M
est: 3.08M (-1,826.5%)
|
-9.89M
est: -72.97M (+86.5%)
|
-33.18M
est: -18.22M (-82.1%)
|
-213.89M
est: -17.26M (-1,139.2%)
|
-30.42M
est: -140.96M (+78.4%)
|
-6.67M
est: -43.17M (+84.5%)
|
-71.53M
est: -8.56M (-735.2%)
|
-158.66M
est: -94.64M (-67.7%)
|
-747.30M
est: -59.60M (-1,153.8%)
|
407.61M
est: -61.08M (+767.3%)
|
231.72M
est: -16.64M (+1,492.4%)
|
15.75M
est: -81.42M (+119.3%)
|
-53.72M
est: 30.65M (-275.2%)
|
40.26M
est: 76.46M (-47.3%)
|
122.10M
100.65M – 143.55M
+59.7% YoY
|
58.20M
50.13M – 152.19M
-52.3% YoY
|
115.30M
95.90M – 138.75M
+98.1% YoY
|
| SGA |
4.27M
est: 2.18M (+95.8%)
|
13.05M
est: 9.24M (+41.2%)
|
13.22M
est: 31.59M (-58.1%)
|
14.27M
est: 26.58M (-46.3%)
|
22.11M
est: 30.59M (-27.7%)
|
17.37M
est: 73.61M (-76.4%)
|
15.61M
est: 18.77M (-16.8%)
|
18.54M
est: 16.61M (+11.6%)
|
14.90M
est: 37.53M (-60.3%)
|
19.64M
est: 29.10M (-32.5%)
|
20.57M
est: 39.52M (-48.0%)
|
18.21M
est: 12.26M (+48.5%)
|
17.16M
est: 12.57M (+36.6%)
|
21.55M
est: 3.42M (+529.5%)
|
27.93M
est: 26.30M (+6.2%)
|
29.66M
est: 30.44M (-2.6%)
|
31.40M
est: 27.00M (+16.3%)
|
30.07M
25.76M – 37.94M
+11.3% YoY
|
26.82M
24.78M – 29.51M
-10.8% YoY
|
23.28M
20.70M – 27.55M
-13.2% YoY
|
| EPS |
-1.08
est: -0.16 (-568.3%)
|
-1.79
est: -0.14 (-1,165.9%)
|
0.34
est: 0.31 (+10.6%)
|
-6.38
est: 0.27 (-2,452.0%)
|
-0.85
est: 0.07 (-1,394.7%)
|
-1.44
est: 0.43 (-436.0%)
|
-8.24
est: -6.09 (-35.4%)
|
-1.19
est: -0.62 (-90.6%)
|
-0.25
est: 0.38 (-165.1%)
|
-2.47
est: -0.07 (-3,666.3%)
|
-4.26
est: -0.37 (-1,056.6%)
|
-18.90
est: -17.60 (-7.4%)
|
7.42
est: 6.56 (+13.2%)
|
2.74
est: 1.79 (+53.4%)
|
0.16
est: -0.81 (+119.7%)
|
-0.53
est: 0.29 (-282.8%)
|
0.41
est: 0.72 (-43.3%)
|
1.21
1.00 – 1.42
+67.3% YoY
|
1.00
0.50 – 1.51
-17.1% YoY
|
1.11
0.95 – 1.37
+10.7% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-08 | B- | 3/5 | 3/5 | 2/5 | 3/5 | 3/5 | 1/5 | 3/5 |
| 2026-05-07 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 4/5 |
| 2026-05-06 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 3/5 | 2/5 | 4/5 |
| 2026-05-05 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-05-04 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-05-01 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-04-30 | B+ | 3/5 | 3/5 | 3/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-04-29 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-04-28 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-04-27 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-04-24 | B+ | 3/5 | 4/5 | 3/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-04-23 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 1/5 | 2/5 | 4/5 |
| 2026-04-22 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 1/5 | 2/5 | 4/5 |
| 2026-04-21 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 1/5 | 2/5 | 4/5 |
| 2026-04-20 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 1/5 | 2/5 | 4/5 |
| 2026-04-17 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 1/5 | 2/5 | 4/5 |
| 2026-04-16 | B+ | 3/5 | 4/5 | 3/5 | 5/5 | 1/5 | 2/5 | 4/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares S&P/TSX SmallCap Index ETF XCS.TO | 0.30% | 505.5K | 0.60% |
| 2 | Avantis International Small Cap Value ETF AVDV | 0.08% | 14.56M | 0.36% |
| 3 | Dimensional - International Small Cap Value ETF DISV | 0.07% | 3.49M | 0.42% |
| 4 | State Street SPDR S&P International Small Cap ETF GWX | 0.03% | 247.5K | 0.40% |
| 5 | TD Canadian Equity Index ETF TTP.TO | 0.02% | 890.3K | 0.05% |
| 6 | Avantis Global Small Cap Value UCITS ETF AVGS.L | 0.02% | 202.3K | 0.39% |
| 7 | Dimensional - International Small Cap ETF DFIS | 0.02% | 1.07M | 0.39% |
| 8 | Dimensional - International Vector Equity ETF DXIV | 0.02% | 33.2K | 0.53% |
| 9 | Avantis International Small Cap Equity ETF AVDS | 0.01% | 42.6K | 0.30% |
| 10 | Dimensional - International Core Equity 2 ETF DFIC | 0.01% | 1.26M | 0.22% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Paul Colborne | President, Chief Executive Officer & Director | 1M | male |
| Jared Ducs | Chief Financial Officer | 711.6K | male |
| Murray Bye | Chief Operating Officer | 710.6K | male |
| Derek Wayne Christie | Senior Vice President of Exploration | 669.6K | male |
| Margaret Ann Elekes | Senior Vice President of Land & Business Development | 669.6K | female |
| Michael James Bennett | Corporate Secretary | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for SGY.TO
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
