Surge Energy Inc. (OTCMKTS:ZPTAF – Get Rating) announced a dividend on Tuesday, July 19th, investing.com reports. Stockholders of record on Friday, July 29th will be paid a dividend of 0.0266 per share on Monday, August 15th. This represents a dividend yield of 4.84%. The ex-dividend date of this dividend is Thursday, July 28th.

Surge Energy Stock Performance

Shares of ZPTAF opened at $7.14 on Tuesday. The stock has a fifty day moving average price of $7.90 and a 200 day moving average price of $6.94. Surge Energy has a 12 month low of $2.65 and a 12 month high of $10.93.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. BMO Capital Markets upped their price objective on Surge Energy from C$11.00 to C$12.00 in a research note on Friday, May 6th. Stifel Nicolaus boosted their price target on Surge Energy from C$12.75 to C$13.25 in a research report on Thursday, June 30th. National Bankshares upgraded Surge Energy to a "buy" rating and set a $14.50 price target for the company in a research report on Thursday, April 14th. Finally, National Bank Financial reduced their price target on Surge Energy from C$16.50 to C$15.50 in a research report on Monday, July 18th.

About Surge Energy

Surge Energy Inc explores for, develops, and produces oil and gas in western Canada. The company holds interest in the Greater Sawn Lake assets located in Northern Alberta; Valhalla/Wembley property located in northwestern Alberta; Sparky assets located between Provost and Wainwright in eastern Alberta and western Saskatchewan; and Shaunavon properties located to the southwest of Swift Current, Saskatchewan.

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