Surge Energy Inc. (OTCMKTS:ZPTAF – Get Free Report) announced a dividend on Tuesday, December 24th,investing.com reports. Investors of record on Wednesday, January 1st will be paid 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 Performance
Shares of ZPTAF stock opened at $3.80 on Wednesday. The firm’s 50 day moving average is $4.05 and its 200 day moving average is $4.56. Surge Energy has a 12 month low of $3.45 and a 12 month high of $6.01.
Analysts Set New Price Targets
Separately, Raymond James assumed coverage on shares of Surge Energy in a research note on Friday, October 18th. They issued 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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