Surge Energy: Strong Start To The Year With An Attractive 9% Yield

Bang For The Buck
Investing Group Leader
(7min)

Summary

  • Surge Energy is a small Canadian oil & gas producer, outperforming Q1 expectations with 23,567 boe/d production.
  • The company is guiding for 22,500 boe/d in 2025, with a strong focus on liquids production.
  • The stock is trading with an attractive 9% dividend yield, with monthly distributions.
  • The netback of Surge Energy is competitive due to its high liquids percentage, but there are higher margin peers.
  • Looking for a helping hand in the market? Members of Off The Beaten Path get exclusive ideas and guidance to navigate any climate. Learn More »
Oilfield Worker Looking up to Pump Jack with Sunset in Background

halbergman/E+ via Getty Images

Overview

Surge Energy (TSX:SGY:CA)(OTCPK:ZPTAF) is a smaller Canadian oil & natural gas producer, with a substantial percentage of production coming from liquids. The company is guiding for a production of 22,500 boe/d during 2025 and did in the first quarter of

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This article was written by

Bang For The Buck
5.09K Followers

Bang for the Buck has a Bsc and Msc in Financial Economics, manages a small investment company, and runs the investing group Off The Beaten Path. He primarily invests in turnaround stories and is currently focused on natural resource industries due to monetary and fiscal policies together with underinvestments and very attractive valuations.

The investing group focuses on companies with quality characteristics that are trading at depressed valuations, which allows investors to participate in the upside of natural resource investing, without experiencing the more extreme drawdowns, that are otherwise so prevalent in natural resource investing. Learn more

Analyst’s Disclosure:I/we have a beneficial long position in the shares of TVE:CA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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