Surge Energy Inc. (OTCMKTS:ZPTAF – Get Free Report) declared a dividend on Friday, January 17th,investing.com reports. Stockholders of record on Monday, February 3rd will be paid a dividend of 0.0302 per share on Tuesday, February 18th. This represents a dividend yield of 8.65%. The ex-dividend date of this dividend is Friday, January 31st.
Surge Energy Stock Down 2.7 %
Surge Energy stock opened at $4.08 on Friday. Surge Energy has a fifty-two week low of $3.45 and a fifty-two week high of $6.01. The firm’s fifty day moving average price is $3.98 and its 200-day moving average price is $4.45.
Wall Street Analysts Forecast Growth
Separately, Raymond James assumed coverage on Surge Energy in a research note on Friday, October 18th. They issued an “outperform” rating and a $9.00 target price on the stock.
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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