Toronto Stock Exchange · Energy
Invest in Surge Energy stock from India
Indian and foreign residents can buy Surge Energy (SGY) shares directly through Paasa.
By Paasa · Updated
Surge Energy at a glance
- Price
- CA$11.50+CA$0.18 (1.59%)
- Market cap
- CA$1.14B
- Day range
- CA$11.44 – CA$11.55
- P/E
- 26.08
- Dividend yield
- 4.52%
- Volume
- 61.55K
- 1 month
- +4.17%
- 6 months
- +28.64%
- YTD
- +66.67%
- 1 year
- +60.39%
- 5 years
- +126.38%
Surge Energy statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | CA$480.7M | CA$665.3M | CA$558.6M | CA$734.5M | CA$414.6M |
| Gross profit | CA$114.3M | CA$356.9M | CA$348.6M | CA$464.6M | CA$244.0M |
| Operating income | CA$82.9M | CA$121.5M | CA$114.7M | CA$264.2M | CA$102.1M |
| Net income | CA$40.3M | −CA$53.7M | CA$15.8M | CA$231.7M | CA$407.6M |
| Earnings per share | CA$0.41 | −CA$0.53 | CA$0.16 | CA$2.74 | CA$7.42 |
| EBITDA | CA$266.2M | CA$163.2M | CA$307.5M | CA$340.7M | CA$542.1M |
| Total assets | CA$1.3B | CA$1.4B | CA$1.5B | CA$1.6B | CA$1.3B |
| Total debt | CA$243.9M | CA$232.1M | CA$282.2M | CA$347.9M | CA$337.1M |
| Cash and short-term investments | CA$18.7M | CA$7.6M | CA$0.0 | CA$0.0 | CA$0.0 |
| Shareholders' equity | CA$725.0M | CA$738.5M | CA$844.0M | CA$838.3M | CA$513.4M |
| Operating cash flow | CA$265.9M | CA$278.6M | CA$266.1M | CA$276.1M | CA$100.5M |
| Free cash flow | CA$100.4M | CA$83.5M | CA$84.6M | CA$106.2M | −CA$3.3M |
| Capital expenditure | −CA$165.5M | −CA$195.1M | −CA$181.6M | −CA$169.9M | −CA$103.8M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CAD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Tenaz Energy | TNZ.TO | CA$65.49 | CA$2.15B |
| Valeura Energy | VLE.TO | CA$14.85 | CA$1.58B |
| Total Energy Services | TOT.TO | CA$35.29 | CA$1.29B |
| Mattr | MATR.TO | CA$20.94 | CA$1.29B |
| Saturn Oil & Gas | SOIL.TO | CA$6.98 | CA$1.27B |
| Obsidian Energy | OBE.TO | CA$15.56 | CA$1.05B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Surge Energy from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.
Step 3
Search SGY and buy
Find Surge Energy by name or by its ticker, SGY, and place your order.
Why invest in Surge Energy from India
What Surge Energy does
Operating in western Canada, Surge Energy Inc. is engaged in the exploration, development, and production of petroleum and natural gas resources. Its portfolio includes significant interests in several key regions: the Greater Sawn Lake area in Northern Alberta; the Valhalla/Wembley property situated in northwestern Alberta; the Sparky assets, spanning eastern Alberta (between Provost and Wainwright) and western Saskatchewan; and the Shaunavon properties, positioned southwest of Swift Current, Saskatchewan. Surge Energy operates in the Oil & Gas Exploration & Production industry within the Energy sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Surge Energy stock from India?
Yes. Indian residents and NRIs can buy Surge Energy (SGY) shares directly through Paasa. Surge Energy is listed on the Toronto Stock Exchange, in the Oil & Gas Exploration & Production industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell Surge Energy shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.