Surge Energy Inc.

SGY.TOTSXEnergy● Active

$10.46

+$0.39(+3.87%)

Market Cap$1.0B

P/E Ratio—

52W High$10.65

52W Low$5.45

Avg Volume1.1M

Open$10.14

Beta0.64

Free Cash Flow Financials Revenue

Surge Energy Inc. (SGY.TO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

SGY.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

SGY.TO · FCF · TTM · margin & CAGR

Free cash flow was $100.4M for FY2025 (fiscal year ending 2025-12-31), up 20.2% year-over-year The FCF margin was 20.9%. Five-year CAGR stands at +38.9%.

FY2025 Free Cash Flow$100.4M▲ +20.2% YoY

Trailing 12M (TTM)$92.3Mtrailing 4 quarters sum

FCF Margin20.9%$100.4M ÷ revenue

3-Year CAGR-1.8%FY2022 → FY2025

5-Year CAGR+38.9%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

SGY.TO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$265.9M(165M)$100.4M▲ +20.2%20.9%

FY2024$278.6M(195M)$83.5M▼ 1.2%12.6%

FY2023$266.1M(182M)$84.6M▼ 20.4%15.1%

FY2022$276.1M(170M)$106.2M▲ +3315.7%14.5%

FY2021$100.5M(104M)−$3.3M▼ 117.0%-0.8%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

SGY.TO · P/FCF · FCF yield · FCF per share

Surge Energy Inc. (SGY.TO) trades at a FCF yield of 8.90% and a price-to-free-cash-flow ratio of 11.2x. FCF per share stands at $0.93, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

8.90%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.93

TTM FCF ÷ Shares Outstanding

Price / FCF

x11.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x13.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

SGY.TO · cash flow statement · operating / investing / financing

For FY2025, Surge Energy Inc. generated $265.9M in operating cash flow and spent 165M in capital expenditures, yielding $100.4M in free cash flow.

Operating Activities

+$265.9M

Cash from core business operations

2025-12-31

Investing Activities

−$181.7M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$73.2M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($265.9M) − |CapEx| (165M) = FCF ($100.4M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Energy)

SGY.TO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Surge Energy Inc.YOU

SGY.TO

$100.4M+20.2%20.9%

Exxon Mobil Corporation

Energy · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Surge Energy Inc. (SGY.TO) reported free cash flow of $100.4M for FY2025 (fiscal year ending 2025-12-31), up 20.2% year-over-year. The FCF margin was 20.9%.

Based on available data, Surge Energy Inc. has maintained positive free cash flow for at least 9 fiscal year(s). FCF peaked at $106.2M in FY2022. The 5-year CAGR stands at +38.9%.

Surge Energy Inc.'s FCF yield is 8.90% and price-to-FCF ratio is 11.2x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

SGY.TO free cash flow · 8 questions

Surge Energy Inc. free cash flow was $100.4M for FY2025, up 20.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $92.3M.

SGY.TO free cash flowSGY.TO FCFSGY.TO FCF 2025SGY.TO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Surge Energy Inc. · Surge Energy Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026