Surge Energy Inc. (OTCMKTS:ZPTAF – Get Free Report) declared a dividend on Tuesday, December 24th,investing.com reports. Investors of record on Wednesday, January 1st will be given a dividend of 0.0305 per share on Wednesday, January 15th. This represents a dividend yield of 9.82%. The ex-dividend date is Tuesday, December 31st.
Surge Energy Stock Up 2.2 %
ZPTAF stock opened at $3.80 on Wednesday. Surge Energy has a 52 week low of $3.45 and a 52 week high of $6.01. The firm’s fifty day moving average is $4.05 and its 200 day moving average is $4.56.
Wall Street Analysts Forecast Growth
Separately, Raymond James started coverage on shares of Surge Energy in a report on Friday, October 18th. They set an “outperform” rating and a $9.00 target price on the stock.
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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