Surge Energy Inc. (OTCMKTS:ZPTAF – Get Free Report) declared a dividend on Tuesday, December 24th,investing.com reports. Stockholders of record on Wednesday, January 1st will be given a dividend of 0.0305 per share on Wednesday, January 15th. This represents a dividend yield of 9.82%. The ex-dividend date of this dividend is Tuesday, December 31st.
Surge Energy Stock Up 0.9 %
OTCMKTS:ZPTAF opened at $3.84 on Friday. Surge Energy has a 52 week low of $3.45 and a 52 week high of $6.01. The stock has a 50 day moving average of $4.01 and a 200-day moving average of $4.54.
Analyst Ratings Changes
Separately, Raymond James started coverage on Surge Energy in a report on Friday, October 18th. They issued an “outperform” rating and a $9.00 price objective for the company.
About Surge Energy
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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