Surge Energy Inc. (OTCMKTS:ZPTAF – Get Rating) declared a dividend on Wednesday, August 24th, investing.com reports. Investors of record on Wednesday, August 31st will be paid a dividend of 0.0273 per share on Thursday, September 15th. This represents a dividend yield of 4.15%. The ex-dividend date is Tuesday, August 30th. This is an increase from Surge Energy's previous dividend of $0.03.
Surge Energy Stock Up 5.1 %
Shares of OTCMKTS ZPTAF opened at $7.91 on Wednesday. Surge Energy has a 1 year low of $2.90 and a 1 year high of $10.93. The business has a 50-day moving average of $7.23 and a two-hundred day moving average of $7.28.
Get Surge Energy alerts:Wall Street Analysts Forecast Growth
ZPTAF has been the subject of several research analyst reports. Stifel Nicolaus upped their target price on shares of Surge Energy from C$12.75 to C$13.25 in a report on Thursday, June 30th. BMO Capital Markets upped their price objective on shares of Surge Energy from C$11.00 to C$12.00 in a research note on Friday, May 6th. Finally, National Bank Financial reduced their target price on Surge Energy from C$16.50 to C$15.50 in a report on Monday, July 18th.
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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