D
Surge Energy Inc.
SGY.TO
TSX
D
Sell
11/8/2024Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to D+ from C- on 11/8/2024 due to a noticeable decline in the efficiency index, volatility index and total return index. Net income declined 1,655.97% from -$2.69M to -$47.28M, and total capital declined 13.08% from $822.75M to $715.14M.
Surge Energy Inc. (SGY.TO) was downgraded to D+ from C- on 11/8/2024 due to a noticeable decline in the efficiency index, volatility index and total return index. Net income declined 1,655.97% from -$2.69M to -$47.28M, and total capital declined 13.08% from $822.75M to $715.14M.
C
Hold
5/17/2024Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to C- from C on 5/17/2024 due to a noticeable decline in the valuation index, total return index and solvency index. The quick ratio declined from 0.44 to 0.35, and debt to equity increased from 0.31 to 0.32.
Surge Energy Inc. (SGY.TO) was downgraded to C- from C on 5/17/2024 due to a noticeable decline in the valuation index, total return index and solvency index. The quick ratio declined from 0.44 to 0.35, and debt to equity increased from 0.31 to 0.32.
C
Hold
3/11/2024Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to C from C+ on 3/11/2024 due to a significant decline in the valuation index, growth index and efficiency index. Earnings per share declined from $0.1193 to -$0.2174, net income declined 276.43% from $12.36M to -$21.81M, and EBIT declined 175.86% from $23.4M to -$17.75M.
Surge Energy Inc. (SGY.TO) was downgraded to C from C+ on 3/11/2024 due to a significant decline in the valuation index, growth index and efficiency index. Earnings per share declined from $0.1193 to -$0.2174, net income declined 276.43% from $12.36M to -$21.81M, and EBIT declined 175.86% from $23.4M to -$17.75M.
C
Hold
3/1/2024Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to C+ from C on 3/1/2024 due to an increase in the total return index and volatility index.
Surge Energy Inc. (SGY.TO) was upgraded to C+ from C on 3/1/2024 due to an increase in the total return index and volatility index.
C
Hold
2/7/2024Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to C from C+ on 2/7/2024 due to a decline in the volatility index, total return index and efficiency index.
Surge Energy Inc. (SGY.TO) was downgraded to C from C+ on 2/7/2024 due to a decline in the volatility index, total return index and efficiency index.
C
Hold
11/27/2023Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to C+ from B- on 11/27/2023 due to a decline in the growth index, valuation index and total return index.
Surge Energy Inc. (SGY.TO) was downgraded to C+ from B- on 11/27/2023 due to a decline in the growth index, valuation index and total return index.
B
Buy
9/11/2023Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to B- from C+ on 9/11/2023 due to an increase in the volatility index and total return index.
Surge Energy Inc. (SGY.TO) was upgraded to B- from C+ on 9/11/2023 due to an increase in the volatility index and total return index.
C
Hold
8/7/2023Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to C+ from C on 8/7/2023 due to a major increase in the efficiency index. Total capital increased 0.82% from $886.25M to $893.51M.
Surge Energy Inc. (SGY.TO) was upgraded to C+ from C on 8/7/2023 due to a major increase in the efficiency index. Total capital increased 0.82% from $886.25M to $893.51M.
C
Hold
7/24/2023Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to C from C+ on 7/24/2023 due to a decline in the valuation index, volatility index and total return index.
Surge Energy Inc. (SGY.TO) was downgraded to C from C+ on 7/24/2023 due to a decline in the valuation index, volatility index and total return index.
C
Hold
7/7/2023Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to C+ from C on 7/7/2023 due to an increase in the volatility index, valuation index and dividend index.
Surge Energy Inc. (SGY.TO) was upgraded to C+ from C on 7/7/2023 due to an increase in the volatility index, valuation index and dividend index.
C
Hold
6/20/2023Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to C from C+ on 6/20/2023 due to a large decline in the efficiency index and total return index. Net income declined 85.66% from $76.25M to $10.93M.
Surge Energy Inc. (SGY.TO) was downgraded to C from C+ on 6/20/2023 due to a large decline in the efficiency index and total return index. Net income declined 85.66% from $76.25M to $10.93M.
C
Hold
3/9/2023Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to C+ from C on 3/9/2023 due to an increase in the growth index, valuation index and solvency index. Earnings per share increased from $0.6975 to $0.8452, operating cash flow increased 9.75% from $53.01M to $58.18M, and the quick ratio increased from 0.4 to 0.43.
Surge Energy Inc. (SGY.TO) was upgraded to C+ from C on 3/9/2023 due to an increase in the growth index, valuation index and solvency index. Earnings per share increased from $0.6975 to $0.8452, operating cash flow increased 9.75% from $53.01M to $58.18M, and the quick ratio increased from 0.4 to 0.43.
C
Hold
11/3/2022Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to C from C+ on 11/3/2022 due to a decline in the growth index, efficiency index and valuation index. Total revenue declined 18.6% from $138.59M to $112.81M, operating cash flow declined 10.81% from $59.41M to $52.98M, and total capital declined 0.55% from $661.11M to $657.48M.
Surge Energy Inc. (SGY.TO) was downgraded to C from C+ on 11/3/2022 due to a decline in the growth index, efficiency index and valuation index. Total revenue declined 18.6% from $138.59M to $112.81M, operating cash flow declined 10.81% from $59.41M to $52.98M, and total capital declined 0.55% from $661.11M to $657.48M.
C
Hold
7/28/2022Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to C+ from D+ on 7/28/2022 due to a significant increase in the efficiency index, growth index and solvency index. EBIT increased 528.42% from -$14.09M to $60.38M, net income increased 426.97% from -$17.27M to $56.45M, and earnings per share increased from -$0.2071 to $0.6505.
Surge Energy Inc. (SGY.TO) was upgraded to C+ from D+ on 7/28/2022 due to a significant increase in the efficiency index, growth index and solvency index. EBIT increased 528.42% from -$14.09M to $60.38M, net income increased 426.97% from -$17.27M to $56.45M, and earnings per share increased from -$0.2071 to $0.6505.
D
Sell
7/5/2022Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to D+ from C- on 7/5/2022 due to a noticeable decline in the total return index.
Surge Energy Inc. (SGY.TO) was downgraded to D+ from C- on 7/5/2022 due to a noticeable decline in the total return index.
C
Hold
5/6/2022Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to C- from C+ on 5/6/2022 due to a significant decline in the efficiency index, growth index and solvency index. Net income declined 150.75% from $34.02M to -$17.27M, earnings per share declined from $0.4233 to -$0.2071, and EBIT declined 140.22% from $35.04M to -$14.09M.
Surge Energy Inc. (SGY.TO) was downgraded to C- from C+ on 5/6/2022 due to a significant decline in the efficiency index, growth index and solvency index. Net income declined 150.75% from $34.02M to -$17.27M, earnings per share declined from $0.4233 to -$0.2071, and EBIT declined 140.22% from $35.04M to -$14.09M.
C
Hold
3/15/2022Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to C+ from C on 3/15/2022 due to a large increase in the growth index, total return index and volatility index. EBIT increased 2,914.05% from -$1.25M to $35.04M, operating cash flow increased 91.99% from $20.84M to $40.02M, and total revenue increased 33.93% from $71.89M to $96.28M.
Surge Energy Inc. (SGY.TO) was upgraded to C+ from C on 3/15/2022 due to a large increase in the growth index, total return index and volatility index. EBIT increased 2,914.05% from -$1.25M to $35.04M, operating cash flow increased 91.99% from $20.84M to $40.02M, and total revenue increased 33.93% from $71.89M to $96.28M.
C
Hold
7/30/2021Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to C from D on 7/30/2021 due to a significant increase in the valuation index, efficiency index and total return index. Net income increased 3,270.86% from -$7.89M to $250.1M, and total capital increased 133.39% from $195.08M to $455.29M.
Surge Energy Inc. (SGY.TO) was upgraded to C from D on 7/30/2021 due to a significant increase in the valuation index, efficiency index and total return index. Net income increased 3,270.86% from -$7.89M to $250.1M, and total capital increased 133.39% from $195.08M to $455.29M.
D
Sell
2/3/2021Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to D from D- on 2/3/2021 due to a noticeable increase in the valuation index, total return index and growth index. Operating cash flow increased 427.98% from $2.14M to $11.32M, total revenue increased 88.82% from $20.51M to $38.72M, and EBIT increased 81.96% from -$34.02M to -$6.14M.
Surge Energy Inc. (SGY.TO) was upgraded to D from D- on 2/3/2021 due to a noticeable increase in the valuation index, total return index and growth index. Operating cash flow increased 427.98% from $2.14M to $11.32M, total revenue increased 88.82% from $20.51M to $38.72M, and EBIT increased 81.96% from -$34.02M to -$6.14M.
D
Sell
7/31/2020Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to D- from D on 7/31/2020 due to a noticeable decline in the valuation index, dividend index and growth index. Operating cash flow declined 93.32% from $32.1M to $2.14M, and total revenue declined 51.6% from $42.36M to $20.51M.
Surge Energy Inc. (SGY.TO) was downgraded to D- from D on 7/31/2020 due to a noticeable decline in the valuation index, dividend index and growth index. Operating cash flow declined 93.32% from $32.1M to $2.14M, and total revenue declined 51.6% from $42.36M to $20.51M.
D
Sell
6/10/2020Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to D from D- on 6/10/2020 due to an increase in the volatility index.
Surge Energy Inc. (SGY.TO) was upgraded to D from D- on 6/10/2020 due to an increase in the volatility index.
D
Sell
5/26/2020Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to D- from D on 5/26/2020 due to a decline in the growth index and total return index.
Surge Energy Inc. (SGY.TO) was downgraded to D- from D on 5/26/2020 due to a decline in the growth index and total return index.
D
Sell
5/8/2020Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to D from D- on 5/8/2020 due to an increase in the growth index and valuation index. Operating cash flow increased 22.92% from $26.12M to $32.1M.
Surge Energy Inc. (SGY.TO) was upgraded to D from D- on 5/8/2020 due to an increase in the growth index and valuation index. Operating cash flow increased 22.92% from $26.12M to $32.1M.
D
Sell
5/1/2020Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to D- from D on 5/1/2020 due to a substantial decline in the efficiency index, solvency index and volatility index. Net income declined 3,269.62% from -$3.23M to -$108.95M, debt to equity increased from 0.47 to 0.58, and total capital declined 9.66% from $941.4M to $850.47M.
Surge Energy Inc. (SGY.TO) was downgraded to D- from D on 5/1/2020 due to a substantial decline in the efficiency index, solvency index and volatility index. Net income declined 3,269.62% from -$3.23M to -$108.95M, debt to equity increased from 0.47 to 0.58, and total capital declined 9.66% from $941.4M to $850.47M.
D
Sell
3/13/2019Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to D from D+ on 3/13/2019 due to a significant decline in the growth index, efficiency index and dividend index. Net income declined 1,004.15% from $6.91M to -$62.49M, earnings per share declined from $0.0298 to -$0.2148, and EBIT declined 194.63% from $13.09M to -$12.39M.
Surge Energy Inc. (SGY.TO) was downgraded to D from D+ on 3/13/2019 due to a significant decline in the growth index, efficiency index and dividend index. Net income declined 1,004.15% from $6.91M to -$62.49M, earnings per share declined from $0.0298 to -$0.2148, and EBIT declined 194.63% from $13.09M to -$12.39M.
D
Sell
1/7/2019Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to D+ from C- on 1/7/2019 due to a decline in the volatility index and total return index.
Surge Energy Inc. (SGY.TO) was downgraded to D+ from C- on 1/7/2019 due to a decline in the volatility index and total return index.
C
Hold
11/7/2018Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to C- from D+ on 11/7/2018 due to a significant increase in the growth index and efficiency index. Earnings per share increased from $0.0078 to $0.0306, net income increased 195.78% from $2.34M to $6.91M, and EBIT increased 71.37% from $8.26M to $14.16M.
Surge Energy Inc. (SGY.TO) was upgraded to C- from D+ on 11/7/2018 due to a significant increase in the growth index and efficiency index. Earnings per share increased from $0.0078 to $0.0306, net income increased 195.78% from $2.34M to $6.91M, and EBIT increased 71.37% from $8.26M to $14.16M.
D
Sell
8/30/2018Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to D+ from D on 8/30/2018 due to an increase in the dividend index, volatility index and valuation index.
Surge Energy Inc. (SGY.TO) was upgraded to D+ from D on 8/30/2018 due to an increase in the dividend index, volatility index and valuation index.
D
Sell
8/15/2018Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to D from D+ on 8/15/2018 due to a decline in the total return index and volatility index.
Surge Energy Inc. (SGY.TO) was downgraded to D from D+ on 8/15/2018 due to a decline in the total return index and volatility index.
D
Sell
8/14/2018Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to D+ from C- on 8/14/2018 due to a large decline in the growth index, dividend index and solvency index. Debt to equity increased from 0.34 to 0.38, and the quick ratio declined from 0.82 to 0.75.
Surge Energy Inc. (SGY.TO) was downgraded to D+ from C- on 8/14/2018 due to a large decline in the growth index, dividend index and solvency index. Debt to equity increased from 0.34 to 0.38, and the quick ratio declined from 0.82 to 0.75.
C
Hold
7/11/2018Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to C- from D+ on 7/11/2018 due to a noticeable increase in the total return index, volatility index and dividend index.
Surge Energy Inc. (SGY.TO) was upgraded to C- from D+ on 7/11/2018 due to a noticeable increase in the total return index, volatility index and dividend index.
D
Sell
5/18/2018Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to D+ from D on 5/18/2018 due to a large increase in the growth index, solvency index and efficiency index. EBIT increased 194.28% from -$2.67M to $2.52M, net income increased 91.48% from -$10.29M to -$877.1, and earnings per share increased from -$0.0467 to -$0.0079.
Surge Energy Inc. (SGY.TO) was upgraded to D+ from D on 5/18/2018 due to a large increase in the growth index, solvency index and efficiency index. EBIT increased 194.28% from -$2.67M to $2.52M, net income increased 91.48% from -$10.29M to -$877.1, and earnings per share increased from -$0.0467 to -$0.0079.
D
Sell
1/20/2017Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to D from D+ on 1/20/2017 due to a decline in the volatility index.
Surge Energy Inc. (SGY.TO) was downgraded to D from D+ on 1/20/2017 due to a decline in the volatility index.
D
Sell
1/5/2017Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to D+ from D on 1/5/2017 due to a major increase in the total return index, volatility index and growth index. EBIT increased 67.66% from -$6.65M to -$2.15M, earnings per share increased from -$0.031 to -$0.0153, and operating cash flow increased 16.12% from $12.04M to $13.98M.
Surge Energy Inc. (SGY.TO) was upgraded to D+ from D on 1/5/2017 due to a major increase in the total return index, volatility index and growth index. EBIT increased 67.66% from -$6.65M to -$2.15M, earnings per share increased from -$0.031 to -$0.0153, and operating cash flow increased 16.12% from $12.04M to $13.98M.
D
Sell
3/11/2016Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to D from D+ on 3/11/2016 due to a major decline in the volatility index, total return index and valuation index.
Surge Energy Inc. (SGY.TO) was downgraded to D from D+ on 3/11/2016 due to a major decline in the volatility index, total return index and valuation index.
D
Sell
1/15/2016Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to D+ from C- on 1/15/2016 due to a noticeable decline in the total return index.
Surge Energy Inc. (SGY.TO) was downgraded to D+ from C- on 1/15/2016 due to a noticeable decline in the total return index.
C
Hold
12/31/2015Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to C- from D+ on 12/31/2015 due to a noticeable increase in the total return index, dividend index and valuation index.
Surge Energy Inc. (SGY.TO) was upgraded to C- from D+ on 12/31/2015 due to a noticeable increase in the total return index, dividend index and valuation index.
D
Sell
11/10/2015Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to D+ from C- on 11/10/2015 due to a significant decline in the growth index, dividend index and efficiency index. Operating cash flow declined 66.6% from $21.77M to $7.27M, total revenue declined 41.88% from $56.24M to $32.69M, and total capital declined 8.79% from $835.43M to $761.99M.
Surge Energy Inc. (SGY.TO) was downgraded to D+ from C- on 11/10/2015 due to a significant decline in the growth index, dividend index and efficiency index. Operating cash flow declined 66.6% from $21.77M to $7.27M, total revenue declined 41.88% from $56.24M to $32.69M, and total capital declined 8.79% from $835.43M to $761.99M.
C
Hold
6/8/2015Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to C- from C on 6/8/2015 due to a decline in the total return index.
Surge Energy Inc. (SGY.TO) was downgraded to C- from C on 6/8/2015 due to a decline in the total return index.
C
Hold
5/22/2015Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to C from C- on 5/22/2015 due to a major increase in the growth index, total return index and valuation index. Operating cash flow increased 36.42% from $31.79M to $43.37M.
Surge Energy Inc. (SGY.TO) was upgraded to C from C- on 5/22/2015 due to a major increase in the growth index, total return index and valuation index. Operating cash flow increased 36.42% from $31.79M to $43.37M.
C
Hold
3/20/2015Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to C- from B- on 3/20/2015 due to a significant decline in the valuation index, growth index and efficiency index. EBIT declined 402.47% from $43.4M to -$131.29M, net income declined 402.07% from $31.83M to -$96.15M, and earnings per share declined from $0.1462 to -$0.4407.
Surge Energy Inc. (SGY.TO) was downgraded to C- from B- on 3/20/2015 due to a significant decline in the valuation index, growth index and efficiency index. EBIT declined 402.47% from $43.4M to -$131.29M, net income declined 402.07% from $31.83M to -$96.15M, and earnings per share declined from $0.1462 to -$0.4407.
B
Buy
12/16/2014Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to B- from C+ on 12/16/2014 due to a noticeable increase in the valuation index.
Surge Energy Inc. (SGY.TO) was upgraded to B- from C+ on 12/16/2014 due to a noticeable increase in the valuation index.
C
Hold
12/1/2014Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to C+ from B- on 12/1/2014 due to a decline in the volatility index and total return index.
Surge Energy Inc. (SGY.TO) was downgraded to C+ from B- on 12/1/2014 due to a decline in the volatility index and total return index.
B
Buy
11/26/2014Downgrade
Surge Energy Inc. (SGY.TO) was downgraded to B- from B on 11/26/2014 due to a significant decline in the volatility index, growth index and total return index. Earnings per share declined from $0.1831 to $0.1462.
Surge Energy Inc. (SGY.TO) was downgraded to B- from B on 11/26/2014 due to a significant decline in the volatility index, growth index and total return index. Earnings per share declined from $0.1831 to $0.1462.
B
Buy
8/18/2014Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to B from B- on 8/18/2014 due to a large increase in the volatility index, valuation index and solvency index.
Surge Energy Inc. (SGY.TO) was upgraded to B from B- on 8/18/2014 due to a large increase in the volatility index, valuation index and solvency index.
B
Buy
8/4/2014Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to B- from C on 8/4/2014 due to a substantial increase in the valuation index, volatility index and total return index.
Surge Energy Inc. (SGY.TO) was upgraded to B- from C on 8/4/2014 due to a substantial increase in the valuation index, volatility index and total return index.
C
Hold
5/19/2014Upgraded
Surge Energy Inc. (SGY.TO) was upgraded to C from C- on 5/19/2014 due to a substantial increase in the growth index, efficiency index and total return index. Total revenue increased 40.07% from $57.3M to $80.25M, operating cash flow increased 14.4% from $44.07M to $50.41M, and total capital increased 8.72% from $1.07B to $1.16B.
Surge Energy Inc. (SGY.TO) was upgraded to C from C- on 5/19/2014 due to a substantial increase in the growth index, efficiency index and total return index. Total revenue increased 40.07% from $57.3M to $80.25M, operating cash flow increased 14.4% from $44.07M to $50.41M, and total capital increased 8.72% from $1.07B to $1.16B.
