When was Surge Energy founded?

Surge Energy was founded in 2010 and raised its 1st funding round 7 years after it was founded.

Where is Surge Energy located?

Surge Energy is headquartered in Calgary, Canada.

How many employees does Surge Energy have?

As of Aug 31, 2026, the latest employee count at Surge Energy is 147.

Is Surge Energy a funded company?

Surge Energy is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Nov 15, 2017.

When was the latest funding round of Surge Energy?

Surge Energy's latest funding was a $***** Post IPO round on May 08, 2019, with participation from 0 investor.

Where does Surge Energy rank among its competitors?

Surge Energy ranks 1st amongst 100 active competitors, of which 8 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Sable Offshore, which secured $250M in Nov, 2025.

Who are the top competitors of Surge Energy?

Surge Energy's top competitors include Ongc Videsh, Pilot Energy and Viper Energy. Among them, Sable Offshore secured the most recent funding round in November, 2025.

Surge Energy - 2026 Company Profile, Funding & Competitors

Company Details

Website: www.surgeenergy.ca/
Email ID: *****@surgeenergy.ca, *****@surgeenergy.ca
Phone Number: +1 **********

Key Metrics

Founded Year

2010

Location

Calgary, Canada

Stage

Public

Latest Funding Round

Post IPO, May 08, 2019, $*****

Ranked

1^st among 100 active competitors

Employee Count

147 as on Aug 31, 2026

Investment & Acquisitions

Astra Oil Corp & 2 more

Similar Companies

Ongc Videsh & 100 more

Exit Details

Public

View Surge Energy's full profile

Surge Energy got listed on Oct 21, 2011.

Click here to take a look at Surge Energy's IPO in detail

Surge Energy has raised funding over 2 rounds. Its first funding round was on Nov 15, 2017.

Here is the list of recent funding rounds of Surge Energy:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 08, 2019	6693435	Post IPO	3558860	4633476	8399586	9984661
Nov 15, 2017	1917368	Post IPO	3901288	5405131	5604164	4053794

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Surge Energy's employee count trend

Surge Energy has 147 employees as of Aug 26. Here is Surge Energy's employee count trend over the years:

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Top competitors of Surge Energy include Ongc Videsh, Pilot Energy and Viper Energy. Here is the list of Top 10 competitors of Surge Energy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Surge Energy 2010, Calgary (Canada), Public	Provider of oil & gas exploration and production services	-	-	57/100
2nd	Ongc Videsh 1965, Delhi (India), Funding Raised	Oil and gas exploration and production company	-	SBI, Bank of Baroda & 10 others	49/100
3rd	Pilot Energy 1998, Sydney (Australia), Public	Developer of clean energy projects leveraging existing oil and gas assets	-	Discovery, Boyne Capital & 1 others	48/100
4th	Viper Energy 2013, Midland (United States), Public	Owner and acquirer of mineral and royalty interests in oil and gas properties	-	-	47/100
5th	Sable Offshore 2024, Houston (United States), Public	Upstream company focused on developing and operating oil and gas assets in federal waters offshore	-	-	44/100
6th	Evolution Petroleum 2003, Houston (United States), Public	Oil and gas production company	-	Cagan McAfee Capital Partners	43/100
7th	Twinza Oil 2004, Singapore (Singapore), Early Stage	Developer of offshore gas field projects	$27M	Kerogen Capital, McRae Investments & 1 others	41/100
8th	American Resource Development 2015, Austin (United States), Late Stage	Developer of oil and gas properties	$650M	EnCap Investments	39/100
9th	Fundare Resources 1999, Greenwood Village (United States), Funding Raised	Oil and gas exploration and production company	-	BOK Financial, Breakwall	39/100
10th	Laricina Energy 2005, Calgary (Canada), Acquired	Oil sands exploration and production	$678M	CPP Investments, Kayne Anderson Capital Advisors ... & 2 others	38/100

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Surge Energy has acquired 3 companies including Astra Oil Corp, Mount Bastion Oil & Gas and Longview Oil. Surge Energy has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 25, 2021	Acquisition	Astra Oil Corp	2014	Calgary (Canada)
Sep 05, 2018	Acquisition	Mount Bastion Oil & Gas	2015	Calgary (Canada)
Feb 28, 2014	Acquisition	Longview Oil	2010	Calgary (Canada)