Surge Energy Inc
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. It holds an average working interest of approximately 83% in approximately 116,272 net developed acres and approximately 94% in approximately 211,502 net undeveloped acres in Greater Sawn area; approximately 67% in approximately 20,118 net developed acres and approximately 79% in approximately 11,024 net undeveloped acres in Valhalla area; approximately 78% in approximately 71,649 net developed acres and 95% in approximately 68,508 net undeveloped acres in Sparky area; and approximately 64% in approximately 99,435 net developed acres and approximately 47% in approximately 14,632 net undeveloped acres in Edmonton and other minor areas. As of December 31, 2019, it held interests in 357 net oil wells and 12 net gas wells in Greater Sawn area; 75 net oil and 5 net gas wells in Valhalla area; 481 net oil and 25 net gas wells in Sparky area; 193 net oil wells, as well as an average working interest of approximately 100% in approximately 23,409 net developed acres and 13,698 net undeveloped acres in the Shaunavon properties; and 51 net oil wells and 7 net gas wells in Edmonton and other minor areas. The company was formerly known as Zapata Energy Corporation and changed its name to Surge Energy Inc. in June 2010. Surge Energy Inc. was incorporated in 1998 and is headquartered in Calgary, Canada. Show More...
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Website http://www.surgeenergy.ca
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Sector Energy
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Industry Oil & Gas E&P
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Last Quote 7.25 CAD
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Last Updated 07-05-2024
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External Links Yahoo Finance Morningstar Ratios
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Interest Coverage
The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Reference: Investopedia -
2010-12 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12 2017-12 2018-12 2019-12 TTM Earnings Per Share CAD -0.21 0.04 -0.75 -0.1 -0.17 -0.97 -0.14 -0.03 -0.29 -0.5 -2.32 Dividends CAD 0.19 0.57 0.28 0.09 0.09 0.1 0.1 0.09 Payout Ratio % * 146.3 Shares Mil 36.0 59.0 71.0 102.0 200.0 221.0 222.0 228.0 246.0 317.0 322.0 Book Value Per Share * CAD 4.74 4.29 4.93 3.53 5.46 4.01 3.49 3.39 2.49 2.51 0.18 Free Cash Flow Per Share * CAD -2.79 -2.83 -1.23 -0.48 0.37 0.13 -0.06 -0.07 0.06 0.06 Return on Assets % -4.05 0.47 -8.89 -0.96 -1.97 -13.66 -2.69 -0.57 -5.11 -10.6 -63.33 Financial Leverage (Average) 1.42 1.59 1.94 1.61 1.85 1.41 1.43 1.59 1.88 2.12 13.29 Return on Equity % -6.4 0.71 -15.77 -1.64 -3.44 -22.66 -3.82 -0.86 -8.88 -21.07 -172.56 Return on Invested Capital % -4.91 1.51 -10.23 -0.19 -1.48 -15.67 -2.54 0.5 -5.04 -11.5 -83.58 Interest Coverage -10.17 2.0 -9.5 -0.2 -2.27 -20.28 -3.87 0.42 -4.32 -6.52 -23.79 Current Ratio 0.47 0.47 0.55 0.49 1.14 0.65 0.69 1.21 0.71 0.79 1.07 Quick Ratio 0.4 0.38 0.46 0.45 0.66 0.53 0.63 0.89 0.43 0.69 0.48 Debt/Equity 0.11 0.22 0.55 0.33 0.52 0.18 0.21 0.32 0.54 0.63 6.77