{
 "as_of": "2026-11-06",
 "cmr": "ca-cm-kg/TSX/SGY",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# Surge Energy Inc. (TSX: SGY) — research page\n\nAs of 2026-11-06 · ca-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is Surge Energy Inc., listed on the TSX under ticker SGY, with ISIN CA86880Y8779; its LEI is not on the record. Its security type is Corporate, its sector is Oil & Gas, and its segment and jurisdiction are not on the record. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 30 filings across 26 filing days in the twelve months to 2026-11-06. The median gap between filing days is 14 days. The latest filing is dated 2026-11-04, 2 days before the record date, and is a financial statement. Exchange peers on the TSX show a median cadence gap of 16 days, a median of 0.0 filings, and a median latency of 3.0 days across 2,270 issuers. Sector peers in Oil & Gas show a median cadence gap of 17 days, a median of 13 filings, and a median latency of 5 days across 113 issuers.\n\n## Auditor\n\nThe auditor of record is not on the record. No auditor location is on the record and no auditor changes are on the record.\n\n## Events and halts\n\nThe record holds one name change, dated 2026-11-03. No listing, delisting, domicile change or segment move is on the record. The halt flag reads listed, not halted.\n\n## Orderability\n\nUnder the rule version acm-68000/ca/kyp-know-your-product-ni-31-103/r1, with the chapter as of 2026-11-04, the outcome for the client category Paragraph (o) of the definition is signal ACM-200 and is determinable. The outcome for the client category Paragraph (q) of the definition is signal ACM-200 and is determinable.\n\n## Coverage\n\nThe issuer's own investor-relations page names 11 research houses: Acumen Capital Partners, ATB Capital Markets, BMO Capital Markets, Canaccord Genuity, Cormark Securities, National Bank Financial, Peters & Co., Raymond James, Roth Canada, Schachter Energy Research, and Velocity Trade Capital.\n\n## Open research\n\nNo openly published research notes were found for the issuer.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed, and no issuer years are sealed. The live record began on 2026-09-10. Years 2021 through 2026 are sealed in the store but are not served as of a date; the as-of door answers not_sealed.\n\n## Sources\n\n8 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.tsx.com/json/company-directory/search/tsx/^* (identity.exchange)\n- https://hk.marketscreener.com/quote/stock/SURGE-ENERGY-INC-1412337/news-call-transcripts (identity.isin)\n- https://www.tsx.com/en/resource/571 (identity.sector)\n- https://mcp.ca-cm-kg.ai/events/TSX/SGY (the disclosure lines)\n- https://iiroc.mediaroom.com/index.php?s=2429&l=100 (the halt flag)\n- https://mcp.ca-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.surgeenergy.ca/analyst-coverage/ (coverage)\n- https://mcp.ca-cm-kg.ai/record/TSX/SGY (the record)\n",
 "market": "CA",
 "node": "ca-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-10",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the CA store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "market": "CA",
    "reason": "none found",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "CA",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "CA",
    "state": "not_on_record"
   },
   "changes": []
  },
  "cmr": "ca-cm-kg/TSX/SGY",
  "coverage": {
   "count": 11,
   "houses": [
    {
     "analyst": "Trevor Reynolds",
     "house": "Acumen Capital Partners",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.surgeenergy.ca/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Amir Arif",
     "house": "ATB Capital Markets",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.surgeenergy.ca/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Jeremy McCrea",
     "house": "BMO Capital Markets",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.surgeenergy.ca/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Mike Mueller",
     "house": "Canaccord Genuity",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.surgeenergy.ca/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Brent Watson",
     "house": "Cormark Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.surgeenergy.ca/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Dan Payne",
     "house": "National Bank Financial",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.surgeenergy.ca/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Christian Comeau",
     "house": "Peters & Co.",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.surgeenergy.ca/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Luke Davis",
     "house": "Raymond James",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.surgeenergy.ca/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Christopher True",
     "house": "Roth Canada",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.surgeenergy.ca/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Josef I. Schachter",
     "house": "Schachter Energy Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.surgeenergy.ca/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Mark Heim",
     "house": "Velocity Trade Capital",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.surgeenergy.ca/analyst-coverage/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.surgeenergy.ca/analyst-coverage/",
     "result": "read: 11 of 22 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 2270,
     "median_cadence_gap_days": 16,
     "median_filings": 0,
     "median_latency_days": 3,
     "name": "TSX"
    },
    "sector": {
     "issuers": 113,
     "median_cadence_gap_days": 17,
     "median_filings": 13,
     "median_latency_days": 5,
     "name": "Oil & Gas"
    }
   },
   "by_type": {
    "agm_record_date": 1,
    "corporate_action": 14,
    "financial_statement": 3,
    "newswire_release": 12
   },
   "cadence_median_gap_days": 14,
   "filing_days": 26,
   "filings": 30,
   "latency_days": 2,
   "latest": [
    {
     "category": null,
     "date": "2026-11-04",
     "source": "https://www.newswire.ca/news-releases/surge-energy-inc-announces-third-quarter-financial-amp-operating-results-operations-update-2027-capital-and-operating-budget-base-dividend-increase-898767278.html",
     "title": "SURGE ENERGY INC. ANNOUNCES THIRD QUARTER FINANCIAL & OPERATING RESULTS; OPERATIONS UPDATE; 2027 CAPITAL AND OPERATING BUDGET; BASE DIVIDEND INCREASE",
     "type": "financial_statement"
    },
    {
     "category": null,
     "date": "2026-11-04",
     "source": "https://www.newswire.ca/news-releases/blue-chips-surge-past-2-8-as-vix-drops-below-18-while-oil-sinks-nearly-8--839749430.html",
     "title": "Blue Chips Surge Past 2.8% as VIX Drops Below 18 While Oil Sinks Nearly 8%",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-11-03",
     "source": "https://www.newsfilecorp.com/release/322218/Surge-Battery-Metals-Announces-Corporate-Name-Change-To-Lithium-X2-Mining-Inc.",
     "title": "Surge Battery Metals Announces Corporate Name Change ...",
     "type": "corporate_action"
    },
    {
     "category": null,
     "date": "2026-10-23",
     "source": "https://www.prnewswire.com/news-releases/occidental-resources-reports-200-million-in-argentine-sunflower-seed-purchases-amid-global-demand-surge-302917580.html",
     "title": "Occidental Resources Reports $200 Million in Argentine Sunflower Seed Purchases Amid Global Demand Surge",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-10-23",
     "source": "https://www.prnewswire.com/news-releases/northern-virginia-housing-remains-tighter-than-nationally-despite-inventory-surge-302918210.html",
     "title": "Northern Virginia Housing Remains Tighter Than Nationally Despite Inventory Surge",
     "type": "newswire_release"
    }
   ],
   "latest_filing_date": "2026-11-04",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.ca-cm-kg.ai/events/TSX/SGY",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "TSX"
   },
   "isin": {
    "read_by": "Tavily search + regex extraction from page text",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://hk.marketscreener.com/quote/stock/SURGE-ENERGY-INC-1412337/news-call-transcripts",
    "state": "sourced",
    "value": "CA86880Y8779"
   },
   "jurisdiction": {
    "market": "CA",
    "reason": "none found",
    "state": "not_on_record"
   },
   "lei": {
    "market": "CA",
    "reason": "ISIN not in the GLEIF ISIN-to-LEI mapping file",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "Surge Energy Inc."
   },
   "sector": {
    "read_by": "TMX listed-companies workbook (exchange list, monthly; data month named in the source column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/en/resource/571 (tsx-and-amp-tsxv-listed-companies-2026-08-14-en.xlsx, data as of 31-Jul-2026)",
    "state": "sourced",
    "value": "Oil & Gas"
   },
   "security_type": {
    "read_by": "TMX listed-companies workbook (exchange list, monthly; data month named in the source column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/en/resource/571 (tsx-and-amp-tsxv-listed-companies-2026-08-14-en.xlsx, data as of 31-Jul-2026)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "CA",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "SGY"
   },
   "website": {
    "market": "CA",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [],
   "domicile_change": [],
   "listing": [],
   "name_change": [
    {
     "date": "2026-11-03",
     "source": "https://www.newsfilecorp.com/release/322218/Surge-Battery-Metals-Announces-Corporate-Name-Change-To-Lithium-X2-Mining-Inc.",
     "title": "Surge Battery Metals Announces Corporate Name Change ..."
    }
   ],
   "segment_move": []
  },
  "market": "CA",
  "node": "ca-cm-kg",
  "numbers_hash": "sha256:045e15ddac8cd77f6f52cd82a4de0009199f22bf5771bbc2269578b3553bb771",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Paragraph (o) of the definition",
    "Paragraph (q) of the definition"
   ],
   "outcomes": {
    "Paragraph (o) of the definition": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Paragraph (q) of the definition": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.ca-cm-kg.ai/book/aio.json",
    "door": "https://mcp.ca-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/ca/kyp-know-your-product-ni-31-103/r1",
   "section": "ca.aio.v11"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.ca-cm-kg.ai/record/TSX/SGY",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:045e15ddac8cd77f6f52cd82a4de0009199f22bf5771bbc2269578b3553bb771",
 "path": "/ca/TSX/SGY",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is Surge Energy Inc., listed on the TSX under ticker SGY, with ISIN CA86880Y8779; its LEI is not on the record. Its security type is Corporate, its sector is Oil & Gas, and its segment and jurisdiction are not on the record. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 30 filings across 26 filing days in the twelve months to 2026-11-06. The median gap between filing days is 14 days. The latest filing is dated 2026-11-04, 2 days before the record date, and is a financial statement. Exchange peers on the TSX show a median cadence gap of 16 days, a median of 0.0 filings, and a median latency of 3.0 days across 2,270 issuers. Sector peers in Oil & Gas show a median cadence gap of 17 days, a median of 13 filings, and a median latency of 5 days across 113 issuers.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record. No auditor location is on the record and no auditor changes are on the record.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds one name change, dated 2026-11-03. No listing, delisting, domicile change or segment move is on the record. The halt flag reads listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "Under the rule version acm-68000/ca/kyp-know-your-product-ni-31-103/r1, with the chapter as of 2026-11-04, the outcome for the client category Paragraph (o) of the definition is signal ACM-200 and is determinable. The outcome for the client category Paragraph (q) of the definition is signal ACM-200 and is determinable.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's own investor-relations page names 11 research houses: Acumen Capital Partners, ATB Capital Markets, BMO Capital Markets, Canaccord Genuity, Cormark Securities, National Bank Financial, Peters & Co., Raymond James, Roth Canada, Schachter Energy Research, and Velocity Trade Capital.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found for the issuer.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed, and no issuer years are sealed. The live record began on 2026-09-10. Years 2021 through 2026 are sealed in the store but are not served as of a date; the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "8 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.tsx.com/json/company-directory/search/tsx/^*"
  },
  {
   "for": "identity.isin",
   "source": "https://hk.marketscreener.com/quote/stock/SURGE-ENERGY-INC-1412337/news-call-transcripts"
  },
  {
   "for": "identity.sector",
   "source": "https://www.tsx.com/en/resource/571"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.ca-cm-kg.ai/events/TSX/SGY"
  },
  {
   "for": "the halt flag",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.ca-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.surgeenergy.ca/analyst-coverage/"
  },
  {
   "for": "the record",
   "source": "https://mcp.ca-cm-kg.ai/record/TSX/SGY"
  }
 ],
 "title": "Surge Energy Inc. (SGY) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}