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Surge Energy Inc (SGY.TO)

SGY.TO on Toronto Stock Exchange

2.74CAD
18 May 2018
Change (% chg)

$0.02 (+0.74%)
Prev Close
$2.72
Open
$2.72
Day's High
$2.75
Day's Low
$2.68
Volume
526,181
Avg. Vol
864,009
52-wk High
$2.75
52-wk Low
$1.58

Latest Key Developments (Source: Significant Developments)

Surge Energy Announces $28.4 Mln Sparky Core Area Acquisition
Wednesday, 16 May 2018 

May 15 (Reuters) - Surge Energy Inc ::SURGE ENERGY INC. ANNOUNCES $28.4 MILLION SPARKY CORE AREA ACQUISITION; UPWARD REVISION TO 2018 EXIT GUIDANCE; INCREASE TO DIVIDEND.SURGE ENERGY INC - REVISING UPWARD COMPANY'S 2018 EXIT PRODUCTION GUIDANCE FROM 16,650 BOEPD TO 17,175 BOEPD.SURGE ENERGY INC - SPARKY CORE AREA ACQUISITION ACCRETIVE ON ALL KEY DEBT ADJUSTED PER SHARE METRICS.  Full Article

Surge Energy Announces Pricing Of $700 Mln Of Its 7.5 Pct Senior Notes
Saturday, 13 Jan 2018 

Jan 12 (Reuters) - Surge Energy Inc ::SURGE ENERGY ANNOUNCES PRICING OF $700.0 MILLION OF ITS 7.500% SENIOR NOTES DUE 2026.  Full Article

Surge Energy Says Anticipates Spending $98.75 Mln Of Total Capital In 2018
Thursday, 14 Dec 2017 

Dec 13 (Reuters) - Surge Energy Inc ::SURGE ENERGY INC. ANNOUNCES 2018 GUIDANCE.SURGE ENERGY INC - IN 2018 SURGE ANTICIPATES SPENDING $98.75 MILLION OF TOTAL CAPITAL.SURGE ENERGY - SURGE'S 2018 GUIDANCE PROVIDES ADJUSTED FUNDS FLOW PER SHARE GROWTH OF 26 PERCENT OVER 2017 ESTIMATES.  Full Article

Surge Energy Inc. announces third quarter 2017 results
Wednesday, 8 Nov 2017 

Nov 7 (Reuters) - Surge Energy Inc :Surge Energy Inc. announces third quarter 2017 results.Surge Energy Inc - ‍increased oil production 16 percent from 9,807 barrels per day in Q3 2016 to 11,380 barrels per day in Q3 2017​.Surge Energy Inc qtrly ‍adj FFO per share $0.10​.Surge Energy - ‍will now be delivering production per share growth of over 24 percent from Q2 2016 to end of Q4 2017​.  Full Article

Surge energy announces $37.2 million Sparky Core Area acquisition
Friday, 27 Oct 2017 

Oct 26 (Reuters) - Surge Energy Inc :Surge Energy Inc. announces $37.2 million sparky core area acquisition; $40 million convertible debenture financing; upward revision to 2017 exit guidance; 2018 preliminary guidance.Surge Energy Inc - ‍acquisition is accretive to surge on all key per share metrics​.Surge Energy Inc - ‍revising upward company's 2017 exit production guidance from 15,150 boepd to 15,850 boepd​.Surge Energy Inc - ‍now projecting that production in 2018 will average more than 16,150 boepd, with a 2018 production exit rate of 16,650 boepd​.Surge Energy Inc - ‍budgeted capital expenditures for 2017 have now been increased from $89 million to $95 million​.  Full Article

Surge reports preliminary guidance for 2017
Tuesday, 6 Sep 2016 

Surge Energy Inc : Surge Energy Inc announces preliminary guidance for 2017 and upward revision to 2016 production exit rate . Average production for 2017 is forecast to be 13,650, with an exit rate of 14,150 BOEPD .Anticipates spending 70 percent of its preliminary 2017 capital budget on drilling activity.  Full Article

Surge Energy Q2 FFO per share c$0.10
Thursday, 4 Aug 2016 

Surge Energy Inc : Surge energy inc. Announces second quarter 2016 results . Q2 FFO per share c$0.10 . Surge has elected not to change guidance at this time . Surge energy inc qtrly production 12,182 boe per day, down 9 percent .Second half drilling program accelerated.  Full Article

Surge Energy confirms july 2016 dividend
Friday, 15 Jul 2016 

Surge Energy Inc : Surge Energy Inc. confirms July 2016 dividend .Sets July cash dividend of C$0.00625 per share.  Full Article

Surge Energy sets June cash dividend
Wednesday, 15 Jun 2016 

Surge Energy Inc :Sets June cash dividend of C$0.00625 per share.  Full Article

BRIEF-Surge Announces Approval Of Normal Course Issuer Bid

* SURGE ENERGY INC - AS APPROVED BY TSX, CO IS AUTHORIZED TO PURCHASE UP TO 11.7 MILLION COMMON SHARES UNDER NORMAL COURSE ISSUER BID Source text for Eikon: Further company coverage: