
Surge Energy Inc
TSX:SGY

Gross Margin
Surge Energy Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
CA |
![]() |
Surge Energy Inc
TSX:SGY
|
624.4m CAD |
66%
|
|
US |
![]() |
Conocophillips
NYSE:COP
|
130.6B USD |
47%
|
|
CN |
C
|
CNOOC Ltd
SSE:600938
|
705.5B CNY |
48%
|
|
US |
![]() |
EOG Resources Inc
NYSE:EOG
|
70.5B USD |
62%
|
|
CA |
![]() |
Canadian Natural Resources Ltd
TSX:CNQ
|
92B CAD |
49%
|
|
US |
![]() |
Hess Corp
NYSE:HES
|
48.8B USD |
78%
|
|
US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD |
51%
|
|
US |
![]() |
Diamondback Energy Inc
NASDAQ:FANG
|
45.8B USD |
71%
|
|
US |
![]() |
EQT Corp
NYSE:EQT
|
31.6B USD |
57%
|
|
US |
![]() |
Texas Pacific Land Corp
NYSE:TPL
|
30B USD |
93%
|
|
US |
C
|
Continental Resources Inc
F:C5L
|
25.8B EUR |
92%
|
Surge Energy Inc
Glance View
Surge Energy, Inc. engages in the exploration, development and production of oil and gas properties. The company is headquartered in Calgary, Alberta and currently employs 76 full-time employees. The firm's business consists of the exploration, development and production of oil and gas from properties in western Canada. The firm has conventional, medium to light crude oil reserves and low decline production base. Its reservoirs are characterized as having original oil in place (OOIP) with low recover factors. The company has identified over 975 net drilling locations on the Company's lands along with several waterflood projects. Its operations are focused on core areas, such as Sparky Core, SE Sask. and Manitoba, Valhalla, Greater Sawn and Shaunavon.

See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Surge Energy Inc's most recent financial statements, the company has Gross Margin of 65.7%.