Surge Energy (TSX:SGY) FCF Margin %: 9.59% (As of Mar. 2026) — 16% Above Median


TSX:SGY Surge Energy Inc TSX:SGY
52 GF Score
Price C$9.18
GF Value C$6.41
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Surge Energy FCF Margin %?

Surge Energy TSX:SGY +0.88% 52 FCF Margin % is 9.59% as of Mar. 2026, which is 16% above its 10-year median of 8.26. GuruFocus rates TSX:SGY with a GF Score™ of 52/100 and a GF Value™ of C$6.41 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 906 Oil & Gas companies, Surge Energy ranks better than 77.48% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Surge Energy's Free Cash Flow for the three months ended in Mar. 2026 was C$15.4 Mil. Surge Energy's Revenue for the three months ended in Mar. 2026 was C$160.0 Mil. Therefore, Surge Energy's FCF Margin % for the quarter that ended in Mar. 2026 was 9.59%.

As of today, Surge Energy's current FCF Yield % is 10.05%.

The historical rank and industry rank for Surge Energy's FCF Margin % or its related term are showing as below:

TSX:SGY' s FCF Margin % Range Over the Past 10 Years
Min: -11.26   Med: 8.26   Max: 18.33
Current: 16.04


During the past 13 years, the highest FCF Margin % of Surge Energy was 18.33%. The lowest was -11.26%. And the median was 8.26%.

TSX:SGY's FCF Margin % is ranked better than
77.48% of 906 companies
in the Oil & Gas industry
Industry Median: 3.285 vs TSX:SGY: 16.04


Surge Energy FCF Margin % Related Terms


Surge Energy FCF Margin % Historical Data

* Premium members only.

The historical data trend for Surge Energy's FCF Margin % 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.

Surge Energy FCF Margin % Chart

Surge Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.80 14.46 12.47 12.56 18.33

Surge Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.85 17.83 23.13 14.05 9.59

TSX:SGY vs COP, EOG, OXY: FCF Margin % Comparison

For the Oil & Gas E&P subindustry, Surge Energy's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Surge Energy's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Surge Energy's FCF Margin % falls into.


TSX:SGY
52GF Score
Surge Energy Inc TSX:SGY
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Surge Energy FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Surge Energy's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=106.197/579.485
=18.33 %

Surge Energy's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=15.354/160.031
=9.59 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 9.59% mean?
Surge Energy (TSX:SGY) has a FCF Margin % of 9.59% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Surge Energy and its competitors. This is 16% above median its historical median of 8.26. According to the industry distribution chart, Surge Energy ranks #204 out of 906 companies in the Oil & Gas industry, placing it in the top 22.5%.
Is Surge Energy's FCF Margin % too high?
Surge Energy's current FCF Margin % of 9.59% is 16% above median its 10-year median of 8.26. The Oil & Gas industry median FCF Margin % is 3.29. Surge Energy's value of 9.59% is 191.9% above this industry median. Based on the distribution chart, Surge Energy ranks #204 out of 906 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Surge Energy has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surge Energy's FCF Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Surge Energy ranks #204 out of 906 companies for FCF Margin %. This places Surge Energy in the top 23% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 3.29. Surge Energy's value of 9.59% is 191.9% above this benchmark. While the company's 10-year median is 8.26 vs. the industry median of 3.29, 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 FCF Margin % for an Oil & Gas company?
The median FCF Margin % among Oil & Gas companies is 3.29, based on 906 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Surge Energy's current FCF Margin % of 9.59% is 191.9% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Surge Energy and its competitors. For the Oil & Gas industry, the median FCF Margin % is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surge Energy's current FCF Margin % is 9.59%, which is 16% above median its own 10-year median of 8.26. 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$6.41, compared to a current price of C$9.18 — trading 43.2% above its estimated fair value. The current FCF Margin % is 9.59%, which is 16% above median its 10-year median of 8.26 and 191.9% above the Oil & Gas industry median of 3.29. Surge Energy's overall GF Score™ is 52/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Surge Energy (TSX:SGY), the current FCF Margin % is 9.59% 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 (TSX:SGY) Overvalued in 2026?

Based on GuruFocus' analysis, Surge Energy stock appears to be overvalued. The current stock price of C$9.18 is trading 43.2% above its estimated GF Value™ of C$6.41. GuruFocus considers Surge Energy to be Significantly Overvalued.

Key valuation signals for TSX:SGY:

  • FCF Margin %: 9.59% (16% above median its 10-year median of 8.26)
  • GF Value™: C$6.41 vs. price of C$9.18 (43.2% above fair value)
  • GF Score™: 52/100 with 8 warning signs
  • Industry Position: 191.9% above the Oil & Gas median (#204 of 906)

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 Business Description

Industry EnergyOil & Gas
Other Exchanges ZPTAF:USA41Z0:Germany
Address 520 - 3rd Avenue SW, Centennial Place - East Tower, Suite 1200, Calgary, AB, CAN, T2P 0R3
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.
52GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$9.18
Price
C$6.41
GF Value