Surge Energy (TSX:SGY) Other Operating Expense : C$156.7 Mil (TTM As of Mar. 2024)

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What is Surge Energy Other Operating Expense?

Surge Energy's Other Operating Expense for the three months ended in Mar. 2024 was C$54.6 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$156.7 Mil.

Surge Energy's quarterly Other Operating Expense declined from Jun. 2023 (C$51.2 Mil) to Sep. 2023 (C$50.9 Mil) but then increased from Sep. 2023 (C$50.9 Mil) to Mar. 2024 (C$54.6 Mil).

Surge Energy's annual Other Operating Expense increased from Dec. 2020 (C$109.9 Mil) to Dec. 2021 (C$122.6 Mil) and increased from Dec. 2021 (C$122.6 Mil) to Dec. 2022 (C$175.1 Mil).

Surge Energy Other Operating Expense Historical Data

The historical data trend for Surge Energy's Other Operating Expense 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.

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Surge Energy Other Operating Expense Chart

Surge Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Other Operating Expense

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114.76

133.17

109.88

122.61

175.10

Surge Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Other Operating Expense	Get a 7-Day Free Trial															51.12	56.94	51.17	50.89	54.60

Surge Energy Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$156.7 Mil.

Surge Energy Other Operating Expense Related Terms

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Surge Energy (TSX:SGY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Surge Energy Inc (TSX:SGY) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

ZPTAF:USA 41Z0:Germany

Address

520 - 3rd Avenue SW, Centennial Place - East Tower, Suite 1200, Calgary, AB, CAN, T2P 0R3

Website

https://www.surgeenergy.ca

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.

Executives

Jared Ducs

Senior Officer

Surge Energy (TSX:SGY) Headlines

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