Surge Energy Inc. (ZPTAF) To Go Ex-Dividend on January 31st

Surge Energy Inc. (OTCMKTS:ZPTAF) declared a dividend on Friday, January 17th,investing.com reports. Investors of record on Monday, February 3rd will be paid a dividend of 0.0302 per share on Tuesday, February 18th. This represents a yield of 8.65%. The ex-dividend date is Friday, January 31st.

Surge Energy Stock Down 2.2 %

Shares of OTCMKTS ZPTAF opened at $3.96 on Wednesday. Surge Energy has a 1-year low of $3.45 and a 1-year high of $6.01. The company has a 50-day moving average of $3.98 and a two-hundred day moving average of $4.38.

Analyst Upgrades and Downgrades

Separately, Raymond James began coverage on Surge Energy in a research note on Friday, October 18th. They issued an “outperform” rating and a $9.00 target price 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.