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 paid a dividend of 0.0309 per share on Monday, December 16th. This represents a dividend yield of 8.79%. The ex-dividend date of this dividend is Friday, November 29th.
Surge Energy Price Performance
Surge Energy stock opened at $4.22 on Friday. Surge Energy has a 52 week low of $3.81 and a 52 week high of $6.01. The stock has a fifty day moving average of $4.38 and a 200-day moving average of $4.78.
Analyst Upgrades and Downgrades
Separately, Raymond James began coverage on Surge Energy in a report on Friday, October 18th. They set an “outperform” rating and a $9.00 price objective on the stock.
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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