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SDE Stock Chart & Stats
C$12.12
-C$0.16(-1.30%)
At close: 4:00 PM EDT
C$12.12
-C$0.16(-1.30%)
Day’s Range― - ―
52-Week RangeC$4.55 - C$14.40
Previous CloseN/A
Volume498.99K
Average Volume (3M)481.56K
Market Cap
C$2.30B
Enterprise ValueC$2.72K
Total Cash (Recent Filing)C$151.15M
Total Debt (Recent Filing)C$257.01M
Price to Earnings (P/E)36.1
Beta0.52
Next Earnings
Nov 10, 2026EPS Estimate
0.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.31
Shares Outstanding205,177,000
10 Day Avg. Volume420,519
30 Day Avg. Volume481,563
Financial Highlights & Ratios
PEG Ratio0.28
Price to Book (P/B)2.21
Price to Sales (P/S)3.88
P/FCF Ratio-14.88
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$15.83Price Target Upside30.64% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)0.53
Revenue Forecast (FY)C$743.50M
Bulls Say, Bears Say
Bulls Say
Balance Sheet Health / Moderate LeverageA debt-to-equity near 0.40 and roughly $643M equity versus ~$257M debt give Spartan Delta financial flexibility typical for a cyclical E&P. Moderate leverage supports capacity to fund operations and absorb commodity swings without immediate refinancing stress, strengthening multi-month durability.
Robust Operating Cash GenerationSustained operating cash flow of about $253M TTM shows the core business converts revenues into cash reliably, supporting working capital and investment. This durable cash generation underpins operations and strategic reinvestment even if reported earnings remain volatile.
Healthy TTM Margins And Revenue GrowthDouble-digit TTM revenue growth with gross margin ~31.8% and net margin ~14.1% indicates the business model can generate attractive incremental profits. These margins and growth suggest underlying operational efficiency and pricing power that support medium-term profitability sustainability.
Bears Say
Negative Free Cash FlowMaterial negative free cash flow (~-$122M) implies capex or reinvestment exceeding cash from operations, pressuring internal funding and limiting ability to de-lever or return capital. Persistently negative FCF undermines long-term capital allocation flexibility and resilience to shocks.
Earnings Quality & VolatilityHistoric swings and evidence of non-recurring boosts (e.g., outsized 2023 margins) reduce earnings predictability. Volatility in revenue and net income complicates forecasting, capital allocation, and stakeholder confidence, increasing execution risk over the coming months.
Cyclicality And Rising Debt VulnerabilityAs an E&P, Spartan Delta is exposed to commodity cycles; rising debt from 2023 levels raises downside risk if prices deteriorate. Increased leverage during a downturn could force cutbacks or refinancing under adverse conditions, stressing the firm's medium-term financial durability.
SDE FAQ
What was Spartan Delta’s price range in the past 12 months?
Spartan Delta lowest stock price was C$4.55 and its highest was C$14.40 in the past 12 months.
What is Spartan Delta’s market cap?
Spartan Delta’s market cap is C$2.30B.
When is Spartan Delta’s upcoming earnings report date?
Spartan Delta’s upcoming earnings report date is Nov 10, 2026 which is in 102 days.
How were Spartan Delta’s earnings last quarter?
Spartan Delta released its earnings results on Jul 29, 2026. The company reported C$0.2 earnings per share for the quarter, beating the consensus estimate of C$0.157 by C$0.043.
Is Spartan Delta overvalued?
According to Wall Street analysts Spartan Delta’s price is currently Undervalued.
Does Spartan Delta pay dividends?
Spartan Delta pays a Notavailable dividend of C$0.1 which represents an annual dividend yield of N/A. See more information on Spartan Delta dividends here
What is Spartan Delta’s EPS estimate?
Spartan Delta’s EPS estimate is 0.14.
How many shares outstanding does Spartan Delta have?
Spartan Delta has 205,177,000 shares outstanding.
What happened to Spartan Delta’s price movement after its last earnings report?
Spartan Delta reported an EPS of C$0.2 in its last earnings report, beating expectations of C$0.157. Following the earnings report the stock price went up 1.942%.
Which hedge fund is a major shareholder of Spartan Delta?
Currently, no hedge funds are holding shares in TSE:SDE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Spartan Delta Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$15.83 (30.64% Upside)
C$15.83 (30.64% Upside)
Blogger Sentiment
Bullish
TSE:SDE Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth $126.0K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
136.05%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
42.98%
Trailing 12-Months
Company Description
Spartan Delta
Spartan Delta Corp. engages in the exploration, development, and production of crude oil and natural gas properties in Western Canada. Its assets are in Duvernay and Deep Basin in Canada. The company was formerly known as Return Energy Inc. and changed its name to Spartan Delta Corp. in May 2020. Spartan Delta Corp. was incorporated in 2006 and is headquartered in Calgary, Canada.
SDE Stock 12 Month Forecast
Average Price Target
C$15.83
▲(30.64% Upside)
Technical Analysis
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