Should you buy surge energy stock?

According to the issued ratings of 7 analysts in the last year, the consensus rating for Surge Energy stock is Moderate Buy based on the current 1 hold rating and 6 buy ratings for SGY. The average twelve-month price prediction for Surge Energy is C$11.91 with a high price target of C$14.00 and a low price target of C$9.00.

Who is surge energy?

Surge Energy LTD. Surge Energy Inc. Announces Non-core Asset Sales; Commencement Of Phase 2 Return Of Capital... Surge offers exposure to two of the top five conventional oil growth plays in Canada: the Sparky & SE Saskatchewan. Each of these plays provides exceptional economics and a depth of drilling inventory.

How does surge energy make money?

Surge Energy Inc is engaged in the exploration, development, and production of oil and gas from properties in western Canada. The company generates its revenue from the sale of petroleum and natural gas products such as Oil, Natural gas liquids and Natural gas, of which a majority of the revenue is derived from the sale of oil.