Surge Energy Inc. (TSE:SGY – Get Rating) Senior Officer Murray Bye sold 30,373 shares of the company's stock in a transaction on Friday, August 19th. The stock was sold at an average price of C$9.63, for a total transaction of C$292,507.18. Following the completion of the transaction, the insider now owns 136,916 shares of the company's stock, valued at C$1,318,569.54.
Surge Energy Stock Down 0.1 %
Shares of TSE SGY opened at C$9.91 on Friday. The company has a current ratio of 0.39, a quick ratio of 0.37 and a debt-to-equity ratio of 51.04. Surge Energy Inc. has a 12 month low of C$3.06 and a 12 month high of C$13.68. The firm has a market capitalization of C$826.07 million and a PE ratio of 12.23. The firm has a fifty day simple moving average of C$9.41 and a two-hundred day simple moving average of C$9.26.
Get Surge Energy alerts:Surge Energy Dividend Announcement
The business also recently disclosed a monthly dividend, which was paid on Monday, August 15th. Shareholders of record on Monday, August 15th were issued a $0.035 dividend. The ex-dividend date was Thursday, July 28th. This represents a $0.42 annualized dividend and a yield of 4.24%. Surge Energy's dividend payout ratio (DPR) is presently 4.32%.
About Surge Energy
(Get Rating)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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