Surge Energy Inc. (OTCMKTS:ZPTAF – Get Free Report) declared a dividend on Friday, November 22nd,investing.com reports. Stockholders of record on Monday, December 2nd will be given a dividend of 0.0309 per share on Monday, December 16th. This represents a dividend yield of 8.79%. The ex-dividend date is Friday, November 29th.
Surge Energy Price Performance
ZPTAF stock opened at $4.22 on Friday. Surge Energy has a 1 year low of $3.81 and a 1 year high of $6.01. The firm has a 50-day moving average of $4.38 and a 200 day moving average of $4.78.
Analysts Set New Price Targets
Separately, Raymond James initiated coverage on Surge Energy in a research note on Friday, October 18th. They issued an “outperform” rating and a $9.00 target price for the company.
Surge Energy Company Profile
Surge Energy Inc explores, develops, and produces oil and gas in western Canada. Its principal properties are located in the areas of Sparky, Southeast Saskatchewan, Carbonates, Valhalla, and Shaunavon in Alberta and Saskatchewan. The company was formerly known as Zapata Energy Corporation and changed its name to Surge Energy Inc in June 2010.
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