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

kopsource ·  Sep 21, 2022 08:52

Surge Energy Inc. (OTCMKTS:ZPTAF – Get Rating) declared a dividend on Wednesday, September 21st, investing.com reports. Shareholders of record on Thursday, September 29th will be given a dividend of 0.0263 per share on Monday, October 17th. This represents a yield of 4.63%. The ex-dividend date of this dividend is Wednesday, September 28th.

Surge Energy Price Performance

ZPTAF opened at $6.84 on Wednesday. Surge Energy has a 12 month low of $2.90 and a 12 month high of $10.93. The stock has a fifty day moving average price of $7.24 and a 200-day moving average price of $7.54.

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Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. National Bank Financial reduced their target price on shares of Surge Energy from C$16.50 to C$15.50 in a report on Monday, July 18th. Stifel Nicolaus raised their target price on shares of Surge Energy from C$12.75 to C$13.25 in a research note on Thursday, June 30th. Finally, Canaccord Genuity Group initiated coverage on Surge Energy in a report on Thursday, August 25th. They set a "buy" rating and a C$15.50 price objective for the company.

Surge Energy Company Profile

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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.

Further Reading

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