Surge EnergySGYEF 49 Days Payable is 99.21 as of Mar. 2026, which is 5% below its 10-year median of 104.96. GuruFocus rates SGYEF with a GF Score™ of 49/100 and a GF Value™ of $4.51 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 849 Oil & Gas companies, Surge Energy ranks better than 69.14% on this metric.
The historical rank and industry rank for Surge Energy's Days Payable or its related term are showing as below:
SGYEF'
s Days Payable Range Over the Past 10 Years
Min: 70.53 Med: 104.96 Max: 144.98
Current: 106
During the past 13 years, Surge Energy's highest Days Payable was 144.98. The lowest was 70.53. And the median was 104.96.
SGYEF's Days Payable is ranked better than 69.14% of 849
companies
in the Oil & Gas industry
Industry Median: 57.95
vs SGYEF: 106.00
Surge Energy's Days Payable
declined
from Mar. 2025 (103.12) to Mar. 2026 (99.21).
It may suggest that Surge Energyaccelerated paying its suppliers.
Surge Energy Days Payable Related Terms
Surge Energy Days Payable Historical Data
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The historical data trend for Surge Energy's Days Payable 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.
For the Oil & Gas E&P subindustry, Surge Energy's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Surge Energy Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Surge Energy's Days Payable distribution charts can be found below:
* The bar in red indicates where Surge Energy's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Surge Energy's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Surge Energy (SGYEF) has a Days Payable of 99.21 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Surge Energy and its competitors. This is near median its historical median of 104.96. Over the past decade, Surge Energy's Days Payable has ranged from 70.53 to 144.98. According to the industry distribution chart, Surge Energy ranks #262 out of 849 companies in the Oil & Gas industry, placing it in the top 30.9%.
Is Surge Energy's Days Payable too high?
Surge Energy's current Days Payable of 99.21 is near median its 10-year median of 104.96. Over the past 10 years, this metric has ranged from a low of 70.53 to a high of 144.98. The Oil & Gas industry median Days Payable is 57.95. Surge Energy's value of 99.21 is 71.2% above this industry median. Based on the distribution chart, Surge Energy ranks #262 out of 849 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Surge Energy has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surge Energy's Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Surge Energy ranks #262 out of 849 companies for Days Payable. This puts Surge Energy in the upper half of its industry. The industry median Days Payable is 57.95. Surge Energy's value of 99.21 is 71.2% above this benchmark. Historically, Surge Energy's own Days Payable has ranged from 70.53 to 144.98 over the past decade. While the company's 10-year median is 104.96 vs. the industry median of 57.95, Surge Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 849 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Surge Energy's current Days Payable of 99.21 is 71.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Surge Energy and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surge Energy's current Days Payable is 99.21, which is near median its own 10-year median of 104.96. 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 (SGYEF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.51, compared to a current price of $6.48 — trading 43.7% above its estimated fair value. The current Days Payable is 99.21, which is near median its 10-year median of 104.96 and 71.2% above the Oil & Gas industry median of 57.95. Surge Energy's overall GF Score™ is 49/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Surge Energy (SGYEF), the current Days Payable is 99.21 as of Mar. 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 (SGYEF) Overvalued in 2026?
Based on GuruFocus' analysis, Surge Energy stock appears to be overvalued.
The current stock price of $6.48 is trading 43.7% above its estimated GF Value™ of $4.51.
GuruFocus considers Surge Energy to be Significantly Overvalued.
Key valuation signals for SGYEF:
Days Payable: 99.21 (near median its 10-year median of 104.96)
GF Value™: $4.51 vs. price of $6.48 (43.7% above fair value)
Industry Position: 71.2% above the Oil & Gas median (#262 of 849)
No single metric tells the full story. See the SGYEF 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.
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