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Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.
For the
three
months ended in Jun. 2026,
Surge Energy paidC$15.3 Mil more to buy back shares than it received from issuing new shares.
It spentC$12.1 Mil paying down its debt.
It paidC$0.0 Mil more to buy back preferred shares than it received from issuing preferred shares.
It spentC$12.9 Mil paying cash dividends to shareholders.
It spentC$0.1 Mil on other financial activities.
In all, Surge EnergyspentC$40.4 Mil on financial activities for the
three
months ended in Jun. 2026.
Surge Energy (TSX:SGY) Cash Flow from Financing Explanation
Cash from financing contains six items:
1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.
Surge Energy's issuance of stock for the
three
months ended in Jun. 2026 was C$0.0 Mil.
2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.
Surge Energy's repurchase of stock for the
three
months ended in Jun. 2026 was C$-15.3 Mil.
3. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.
Surge Energy's net issuance of debt for the
three
months ended in Jun. 2026 was C$-12.1 Mil.
Surge Energy spentC$12.1 Mil paying down its debt.
4. Net Issuance of Preferred Stock:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.
Surge Energy's net issuance of preferred for the
three
months ended in Jun. 2026 was C$0.0 Mil.
Surge Energy paidC$0.0 Mil more to buy back preferred shares than it received from issuing preferred shares.
5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.
Surge Energy's cash flow for dividends for the
three
months ended in Jun. 2026 was C$-12.9 Mil.
Surge Energy spentC$12.9 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
Surge Energy's other financing for the
three
months ended in Jun. 2026 was C$-0.1 Mil.
Surge Energy spentC$0.1 Mil on other financial activities.
Surge Energy Cash Flow from Financing Related Terms
Surge Energy Cash Flow from Financing Historical Data
* Premium members only.
The historical data trend for Surge Energy's Cash Flow from Financing can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.
Surge Energy's Cash from Financing for the fiscal year that ended in Dec. 2025 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-86.7 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Cash Flow from Financing of C$-86.7 Mil mean?
Surge Energy (TSX:SGY) has a Cash Flow from Financing of C$-86.7 Mil as of Jun. 2026. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Surge Energy and its competitors.
Is Surge Energy's Cash Flow from Financing too high?
Surge Energy's current Cash Flow from Financing is C$-86.7 Mil. Overall, Surge Energy has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surge Energy's Cash Flow from Financing compare to COP and EOG?
Surge Energy's Cash Flow from Financing of C$-86.7 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Flow from Financing for an Oil & Gas company?
A good Cash Flow from Financing depends on the Oil & Gas industry context. However, Cash Flow from Financing should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Flow from Financing mean?
A high Cash Flow from Financing can signal that a stock is expensive relative to its fundamentals. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Surge Energy and its competitors. Surge Energy's current Cash Flow from Financing is C$-86.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surge Energy stock overvalued right now?
Based on GuruFocus' analysis, Surge Energy (TSX:SGY) is currently considered Significantly Overvalued. The stock's GF Value™ is C$6.87, compared to a current price of C$10.42 — trading 51.7% above its estimated fair value. The current Cash Flow from Financing is C$-86.7 Mil. Surge Energy's overall GF Score™ is 54/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Flow from Financing calculated?
Cash Flow from Financing is calculated from a company's financial statements. For Surge Energy (TSX:SGY), the current Cash Flow from Financing is C$-86.7 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Surge Energy (TSX:SGY) Overvalued in 2026?
Based on GuruFocus' analysis, Surge Energy stock appears to be overvalued.
The current stock price of C$10.42 is trading 51.7% above its estimated GF Value™ of C$6.87.
GuruFocus considers Surge Energy to be Significantly Overvalued.
Key valuation signals for TSX:SGY:
Cash Flow from Financing: C$-86.7 Mil
GF Value™: C$6.87 vs. price of C$10.42 (51.7% above fair value)
No single metric tells the full story. See the TSX:SGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Surge Energy Inc is engaged in the exploration, development, and production of oil and gas from properties in western Canada. The company generates its revenue from the sale of petroleum and natural gas products such as Oil, Natural gas liquids and Natural gas, of which a majority of the revenue is derived from the sale of oil.
54GF Score
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