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Surge Energy Inc. (OTCMKTS:ZPTAF) Declares $0.03 Dividend

Financial News Live ·  Jul 26, 2022 07:42

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.

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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

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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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