(SGY) Surge Energy - Ratings and Ratios

Surge Energy Inc. (TO:SGY) is a Canadian oil and gas exploration and production company focused on light oil assets in western Canada. Its core operations are concentrated in the Sparky, Southeast Saskatchewan, Valhalla, and Shaunavon areas, which are known for their high-quality light oil reservoirs. The company leverages its expertise in horizontal drilling and multi-stage fracturing to optimize production from these properties. Surge Energy Inc. was established in 1998 as Zapata Energy Corporation and rebranded to its current name in June 2010. Headquartered in Calgary, Alberta, the company operates with a strong emphasis on cost efficiency and sustainable growth in the Canadian energy sector.

From a technical perspective, SGY is currently trading at CAD 5.48 with a 20-day average volume of 487,714 shares. The stock is slightly below its 20-day SMA of 5.53 but remains near its 50-day SMA of 5.65. The 200-day SMA of 6.05 suggests the stock has been in a gradual downtrend over the past year. The Average True Range (ATR) of 0.17 indicates relatively low volatility in recent trading sessions.

Fundamentally, Surge Energy Inc. has a market capitalization of CAD 565.16 million, with a forward P/E ratio of 8.18, reflecting moderate valuation expectations. The P/B ratio of 0.75 suggests the stock is trading below its book value, potentially indicating undervaluation. However, the negative Return on Equity (RoE) of -10.67% highlights challenges in profitability. The P/S ratio of 1.03 indicates the stock is fairly valued relative to its revenue generation.