Surge Energy Inc. Overview

Surge Energy Inc., a Canadian energy exploration company, is focused on the search for oil and natural gas. The company operates primarily in the provinces of Alberta and Manitoba. Listed on the Toronto Stock Exchange, Surge Energy Inc. has been publicly traded since its Initial Public Offering (IPO) on September 9, 1998. The company’s website can be accessed at www.surgeenergy.ca .

Financial Snapshot

As of May 1, 2025, Surge Energy Inc. reported a close price of CAD 4.76. The company’s stock has experienced fluctuations over the past year, with a 52-week high of CAD 7.39 on May 29, 2024, and a 52-week low of CAD 4.37 on April 10, 2025. The market capitalization stands at CAD 462,780,000. The Price Earnings (P/E) ratio is currently at -8.66, indicating that the company is not generating profits.

Industry and Sector

Surge Energy Inc. operates within the Energy sector, specifically in the Oil, Gas & Consumable Fuels industry. The company’s activities are centered around exploration and development of oil and natural gas resources.

Conclusion

Surge Energy Inc. continues to focus on its core operations in Alberta and Manitoba, navigating the challenges of the energy sector. Despite the current negative P/E ratio, the company remains a significant player in the Canadian energy exploration landscape.