Surge Energy Inc. (OTCMKTS:ZPTAF – Get Free Report) announced 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 is Friday, November 29th.
Surge Energy Stock Up 0.6 %
Shares of OTCMKTS ZPTAF opened at $4.06 on Thursday. Surge Energy has a 12 month low of $3.81 and a 12 month high of $6.01. The business has a fifty day simple moving average of $4.36 and a 200-day simple moving average of $4.75.
Wall Street Analysts Forecast Growth
Separately, Raymond James began coverage on shares of Surge Energy in a research note on Friday, October 18th. They set an “outperform” rating and a $9.00 price objective for the company.
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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