0 02 eps expected for surge energy inc sgy 3

$0.02 EPS Expected for Surge Energy Inc. (SGY)

March 15, 2018 – By Adrian Mccoy

Analysts expect Surge Energy Inc. (TSE:SGY) to report $0.02 EPS on March, 21.They anticipate $0.09 EPS change or 128.57 % from last quarter’s $-0.07 EPS. T_SGY’s profit would be $4.66M giving it 22.63 P/E if the $0.02 EPS is correct. After having $-0.04 EPS previously, Surge Energy Inc.’s analysts see -150.00 % EPS growth. The stock decreased 0.55% or $0.01 during the last trading session, reaching $1.81. About 734,008 shares traded. Surge Energy Inc. (TSE:SGY) has 0.00% since March 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Surge Energy Inc. (TSE:SGY) Ratings Coverage

Among 10 analysts covering Surge Energy Inc (TSE:SGY), 5 have Buy rating, 1 Sell and 4 Hold. Therefore 50% are positive. Surge Energy Inc had 27 analyst reports since November 10, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Thursday, December 10 with “Sector Perform”. TD Securities maintained the stock with “Buy” rating in Thursday, March 16 report. Scotia Capital maintained the shares of SGY in report on Friday, July 22 with “Sector Perform” rating. IBC initiated the stock with “Underperform” rating in Wednesday, June 15 report. The rating was maintained by TD Securities with “Buy” on Monday, February 27. The firm has “Neutral” rating by Eight Capital given on Friday, October 27. Scotia Capital maintained the stock with “Sector Perform” rating in Friday, February 24 report. RBC Capital Markets maintained the shares of SGY in report on Wednesday, September 7 with “Sector Perform” rating. The rating was reinitiated by Mackie with “Buy” on Tuesday, January 12. TD Securities maintained the shares of SGY in report on Friday, July 22 with “Buy” rating.

Surge Energy Inc. engages in the exploration, development, and production of gas and oil properties in western Canada. The company has market cap of $421.86 million. The firm holds working interests in the Valhalla/Wembley and Nipisi properties located in northwestern Alberta; the Windfall property located in western Alberta; and the Nevis property located to the east of Red Deer, Alberta covering an area of approximately 122,113 net developed acres. It currently has negative earnings. It also holds working interests in the Sparky assets located between Provost and Wainwright in eastern Alberta and western Saskatchewan, as well as Silver Lake property to the west of Provost in eastern Alberta that covers an area of 114,035 net developed and 32,779 net undeveloped acres; and Southwest Saskatchewan properties covering an area of 22,041 net developed and 14,943 net undeveloped acres located to the southwest of Swift Current, Saskatchewan.

More news for Surge Energy Inc. (TSE:SGY) were recently published by: Marketwired.com, which released: “Surge Energy Inc. Announces $37.2 Million Sparky Core Area Acquisition; $40 …” on October 26, 2017. Reuters.com‘s article titled: “BRIEF-Surge Energy Inc. Announces Qtrly ‍AFFO $0.14 Per Share​” and published on March 14, 2018 is yet another important article.

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