In This Article:
Surge Energy (TSE:SGY) First Quarter 2025 Results
Key Financial Results
-
Revenue: CA$132.3m (up 1.4% from 1Q 2024).
-
Net income: CA$8.25m (up from CA$3.63m loss in 1Q 2024).
-
Profit margin: 6.2% (up from net loss in 1Q 2024).
-
EPS: CA$0.08 (up from CA$0.036 loss in 1Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Surge Energy Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 68%.
Looking ahead, revenue is expected to decline by 2.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Canada are expected to grow by 1.3%.
Performance of the Canadian Oil and Gas industry.
The company's shares are up 4.6% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Surge Energy that you need to take into consideration.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.