Surge Energy Past Earnings Performance
Past criteria checks 1/6
Surge Energy has been growing earnings at an average annual rate of 43.4%, while the Oil and Gas industry saw earnings growing at 40.3% annually. Revenues have been growing at an average rate of 19.5% per year. Surge Energy's return on equity is 1.9%, and it has net margins of 2.8%.
Key information
43.4%
Earnings growth rate
41.7%
EPS growth rate
| Oil and Gas Industry Growth | 42.1% |
| Revenue growth rate | 19.5% |
| Return on equity | 1.9% |
| Net Margin | 2.8% |
| Next Earnings Update | 08 May 2024 |
Recent past performance updates
Recent updates
Surge Energy's (TSE:SGY) Dividend Will Be CA$0.04
Mar 18
Surge Energy's (TSE:SGY) Dividend Will Be CA$0.04
Feb 19Surge Energy (TSE:SGY) Has Affirmed Its Dividend Of CA$0.04
Jan 19Surge Energy's (TSE:SGY) Dividend Will Be CA$0.04
Nov 18Surge Energy (TSE:SGY) Has Affirmed Its Dividend Of CA$0.04
Oct 19Surge Energy's (TSE:SGY) Dividend Will Be CA$0.04
Sep 19Surge Energy (TSE:SGY) Has Affirmed Its Dividend Of CA$0.04
Aug 18Surge Energy (TSE:SGY) Has Affirmed Its Dividend Of CA$0.04
Jul 20Industry Analysts Just Made A Meaningful Upgrade To Their Surge Energy Inc. (TSE:SGY) Revenue Forecasts
Nov 23Revenue & Expenses BreakdownBeta
How Surge Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 559 | 16 | 28 | 0 |
| 30 Sep 23 | 560 | 149 | 26 | 0 |
| 30 Jun 23 | 554 | 210 | 25 | 0 |
| 31 Mar 23 | 600 | 268 | 23 | 0 |
| 31 Dec 22 | 607 | 232 | 22 | 0 |
| 30 Sep 22 | 588 | 171 | 21 | 0 |
| 30 Jun 22 | 531 | 161 | 20 | 0 |
| 31 Mar 22 | 425 | 396 | 18 | 0 |
| 31 Dec 21 | 356 | 408 | 17 | 0 |
| 30 Sep 21 | 289 | 307 | 16 | 0 |
| 30 Jun 21 | 250 | 226 | 17 | 0 |
| 31 Mar 21 | 208 | -142 | 18 | 0 |
| 31 Dec 20 | 191 | -747 | 18 | 0 |
| 30 Sep 20 | 217 | -833 | 19 | 0 |
| 30 Jun 20 | 250 | -824 | 21 | 0 |
| 31 Mar 20 | 316 | -766 | 20 | 0 |
| 31 Dec 19 | 347 | -159 | 21 | 0 |
| 30 Sep 19 | 318 | -97 | 21 | 0 |
| 30 Jun 19 | 311 | -84 | 20 | 0 |
| 31 Mar 19 | 291 | -78 | 21 | 0 |
| 31 Dec 18 | 264 | -72 | 20 | 0 |
| 30 Sep 18 | 275 | -2 | 19 | 0 |
| 30 Jun 18 | 247 | -19 | 19 | 0 |
| 31 Mar 18 | 226 | -15 | 17 | 0 |
| 31 Dec 17 | 213 | -7 | 15 | 0 |
| 30 Sep 17 | 196 | -8 | 18 | 0 |
| 30 Jun 17 | 185 | -4 | 16 | 0 |
| 31 Mar 17 | 169 | -19 | 18 | 0 |
| 31 Dec 16 | 146 | -30 | 19 | 0 |
| 30 Sep 16 | 135 | -80 | 16 | 0 |
| 30 Jun 16 | 134 | -111 | 15 | 0 |
| 31 Mar 16 | 165 | -113 | 15 | 0 |
| 31 Dec 15 | 200 | -214 | 16 | 0 |
| 30 Sep 15 | 252 | -258 | 13 | 0 |
| 30 Jun 15 | 332 | -189 | 16 | 0 |
| 31 Mar 15 | 370 | -141 | 18 | 0 |
| 31 Dec 14 | 399 | -33 | 17 | 0 |
| 30 Sep 14 | 374 | 73 | 22 | 0 |
| 30 Jun 14 | 326 | 48 | 21 | 0 |
| 31 Mar 14 | 267 | -5 | 23 | 0 |
| 31 Dec 13 | 222 | -10 | 23 | 0 |
| 30 Sep 13 | 202 | -75 | 21 | 0 |
| 30 Jun 13 | 167 | -86 | 19 | 0 |
Quality Earnings: SGY has a large one-off gain of CA$3.7M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: SGY's current net profit margins (2.8%) are lower than last year (38.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SGY has become profitable over the past 5 years, growing earnings by 43.4% per year.
Accelerating Growth: SGY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SGY had negative earnings growth (-93.2%) over the past year, making it difficult to compare to the Oil and Gas industry average (-37.9%).
Return on Equity
High ROE: SGY's Return on Equity (1.9%) is considered low.