Surge Energy Stock Net Income
| SGY Stock | CAD 8.33 0.08 0.97% |
As of the 5th of March, Surge Energy has the Risk Adjusted Performance of 0.0892, coefficient of variation of 910.09, and Semi Deviation of 2.25. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Surge Energy, as well as the relationship between them.
Surge Energy Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 1.6845 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Loss | -48.3 M | -45.9 M | |
| Net Loss | -61.8 M | -64.9 M | |
| Net Loss | -61.8 M | -64.9 M | |
| Net Loss | (0.61) | (0.64) | |
| Net Income Per E B T | 0.69 | 0.72 |
Surge | Net Income |
Evaluating Surge Energy's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Surge Energy's fundamental strength.
Latest Surge Energy's Net Income Growth Pattern
Below is the plot of the Net Income of Surge Energy over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Surge Energy financial statement analysis. It represents the amount of money remaining after all of Surge Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Surge Energy's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Surge Energy's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (53.72 M) | 10 Years Trend |
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Net Income |
| Timeline |
Surge Net Income Regression Statistics
| Arithmetic Mean | (47,977,059) | |
| Coefficient Of Variation | (474.10) | |
| Mean Deviation | 118,923,410 | |
| Median | (33,177,000) | |
| Standard Deviation | 227,457,132 | |
| Sample Variance | 51736.7T | |
| Range | 1.2B | |
| R-Value | 0.04 | |
| Mean Square Error | 55095.6T | |
| R-Squared | 0 | |
| Significance | 0.88 | |
| Slope | 1,821,723 | |
| Total Sum of Squares | 827788T |
Surge Net Income History
Surge Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Surge Energy is extremely important. It helps to project a fair market value of Surge Stock properly, considering its historical fundamentals such as Net Income. Since Surge Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Surge Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Surge Energy's interrelated accounts and indicators.
Click cells to compare fundamentals
Surge Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Surge Energy's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Surge Energy.
| 12/05/2025 |
| 03/05/2026 |
If you would invest 0.00 in Surge Energy on December 5, 2025 and sell it all today you would earn a total of 0.00 from holding Surge Energy or generate 0.0% return on investment in Surge Energy over 90 days. Surge Energy is related to or competes with Valeura Energy, ShaMaran Petroleum, PetroTal Corp, Tenaz Energy, Mattr Corp, North American, and Saturn Oil. Surge Energy Inc. explores for, develops, and produces oil and gas in western Canada More
Surge Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Surge Energy's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Surge Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.49 | |||
| Information Ratio | 0.0897 | |||
| Maximum Drawdown | 10.63 | |||
| Value At Risk | (3.32) | |||
| Potential Upside | 3.69 |
Surge Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Surge Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Surge Energy's standard deviation. In reality, there are many statistical measures that can use Surge Energy historical prices to predict the future Surge Energy's volatility.| Risk Adjusted Performance | 0.0892 | |||
| Jensen Alpha | 0.2268 | |||
| Total Risk Alpha | 0.1312 | |||
| Sortino Ratio | 0.0788 | |||
| Treynor Ratio | 2.04 |
Surge Energy March 5, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0892 | |||
| Market Risk Adjusted Performance | 2.05 | |||
| Mean Deviation | 1.7 | |||
| Semi Deviation | 2.25 | |||
| Downside Deviation | 2.49 | |||
| Coefficient Of Variation | 910.09 | |||
| Standard Deviation | 2.19 | |||
| Variance | 4.8 | |||
| Information Ratio | 0.0897 | |||
| Jensen Alpha | 0.2268 | |||
| Total Risk Alpha | 0.1312 | |||
| Sortino Ratio | 0.0788 | |||
| Treynor Ratio | 2.04 | |||
| Maximum Drawdown | 10.63 | |||
| Value At Risk | (3.32) | |||
| Potential Upside | 3.69 | |||
| Downside Variance | 6.22 | |||
| Semi Variance | 5.08 | |||
| Expected Short fall | (1.71) | |||
| Skewness | (0.42) | |||
| Kurtosis | 0.2518 |
Surge Energy Backtested Returns
Surge Energy appears to be somewhat reliable, given 3 months investment horizon. Surge Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Surge Energy, which you can use to evaluate the volatility of the company. Please review Surge Energy's Semi Deviation of 2.25, risk adjusted performance of 0.0892, and Coefficient Of Variation of 910.09 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Surge Energy holds a performance score of 8. The entity has a beta of 0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Surge Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Surge Energy is expected to be smaller as well. Please check Surge Energy's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Surge Energy's existing price patterns will revert.
Auto-correlation | -0.5 |
Modest reverse predictability
Surge Energy has modest reverse predictability. Overlapping area represents the amount of predictability between Surge Energy time series from 5th of December 2025 to 19th of January 2026 and 19th of January 2026 to 5th of March 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Surge Energy price movement. The serial correlation of -0.5 indicates that about 50.0% of current Surge Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Surge Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Surge Energy reported net income of (53.72 Million). This is 102.36% lower than that of the Oil, Gas & Consumable Fuels sector and 115.61% lower than that of the Energy industry. The net income for all Canada stocks is 109.41% higher than that of the company.
Surge Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Surge Energy's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Surge Energy could also be used in its relative valuation, which is a method of valuing Surge Energy by comparing valuation metrics of similar companies.Surge Energy is currently under evaluation in net income category among its peers.
Surge Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Surge Energy from analyzing Surge Energy's financial statements. These drivers represent accounts that assess Surge Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Surge Energy's important valuation drivers and their relationship over time.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 242.2M | 770.9M | 640.2M | 582.8M | 524.5M | 550.8M | |
| Enterprise Value | 579.3M | 1.1B | 922.3M | 807.3M | 726.6M | 762.9M |
Surge Fundamentals
| Return On Equity | 0.0596 | ||||
| Return On Asset | 0.0034 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 1.04 B | ||||
| Shares Outstanding | 98.95 M | ||||
| Shares Owned By Insiders | 1.20 % | ||||
| Shares Owned By Institutions | 6.58 % | ||||
| Number Of Shares Shorted | 1.51 M | ||||
| Price To Earning | 11.44 X | ||||
| Price To Book | 1.10 X | ||||
| Price To Sales | 1.62 X | ||||
| Revenue | 665.29 M | ||||
| Gross Profit | 333.42 M | ||||
| EBITDA | 163.24 M | ||||
| Net Income | (53.72 M) | ||||
| Cash Per Share | 2.26 X | ||||
| Total Debt | 232.12 M | ||||
| Debt To Equity | 0.51 % | ||||
| Current Ratio | 0.39 X | ||||
| Book Value Per Share | 7.50 X | ||||
| Cash Flow From Operations | 278.65 M | ||||
| Short Ratio | 1.80 X | ||||
| Earnings Per Share | 0.45 X | ||||
| Target Price | 9.47 | ||||
| Number Of Employees | 83 | ||||
| Beta | 0.77 | ||||
| Market Capitalization | 824.24 M | ||||
| Total Asset | 1.37 B | ||||
| Retained Earnings | (1.12 B) | ||||
| Working Capital | (43.09 M) | ||||
| Current Asset | 30.65 M | ||||
| Current Liabilities | 47.44 M | ||||
| Annual Yield | 0.06 % | ||||
| Five Year Return | 9.54 % | ||||
| Net Asset | 1.37 B | ||||
| Last Dividend Paid | 0.52 |
About Surge Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Surge Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Surge Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Surge Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Surge Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Surge Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Surge Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Surge Stock
Moving against Surge Stock
The ability to find closely correlated positions to Surge Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Surge Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Surge Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Surge Energy to buy it.
The correlation of Surge Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Surge Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Surge Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Surge Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Surge Stock
Surge Energy financial ratios help investors to determine whether Surge Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Surge with respect to the benefits of owning Surge Energy security.