Spartan Delta (SDE) AI Stock Analysis

• Market Cap: $1.50B
• Dividend Yield: N/A
• Average Volume (3M): 621.78K
• Price to Earnings (P/E): 38.1
• Beta (1Y): 1.30
• Revenue Growth: 17.31%
• EPS Growth: -75.56%
• Country: CA
• Employees: 121
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.03
• Shares Outstanding: 200,500,000
• 10 Day Avg. Volume: 590,221
• 30 Day Avg. Volume: 621,784
• PEG Ratio: -0.18
• Price to Book (P/B): 1.27
• Price to Sales (P/S): 1.95
• P/FCF Ratio: 49.14
• Enterprise Value/Market Cap: 0.72
• Enterprise Value/Revenue: 3.35
• Enterprise Value/Gross Profit: 7.86
• Enterprise Value/Ebitda: 6.03
• 1Y Price Target: $7.51
• Price Target Upside: 0.11% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: C$7.50 ▲(0.00% Upside)

Spartan Delta's stock score is primarily driven by strong technical indicators, suggesting bullish momentum. However, financial performance is moderate, with notable cash flow challenges. The high P/E ratio indicates potential overvaluation, which tempers the overall score.

Positive Factors

Strong Balance Sheet

A low debt-to-equity ratio indicates conservative leverage, enhancing financial stability and flexibility to invest in growth opportunities.

Operational Efficiency

Focus on operational efficiency and sustainability can lead to cost savings and improved margins, supporting long-term profitability.

Revenue Growth Recovery

Positive revenue growth suggests the company is recovering and potentially expanding its market presence, which is crucial for long-term success.

Negative Factors

Negative Free Cash Flow

Negative free cash flow indicates potential issues in capital expenditure management, which could strain financial resources and limit growth.

Decreasing Profit Margins

Decreasing profit margins can impact overall profitability, reducing the company's ability to reinvest in business growth and innovation.

Cash Flow Challenges

Cash flow challenges can hinder the company's ability to fund operations and strategic initiatives, impacting long-term financial health.

Spartan Delta Business Overview & Revenue Model

Company Description

Spartan Delta Corp (SDE) is a Canadian oil and gas exploration and production company headquartered in Calgary, Alberta. The company primarily operates in the Western Canadian Sedimentary Basin, focusing on the development of oil and natural gas properties. Spartan Delta is engaged in the acquisition, exploration, and production of hydrocarbons, with a strategic emphasis on optimizing operational efficiency and maximizing asset value through innovative technologies and sustainable practices.

How the Company Makes Money

Spartan Delta generates revenue primarily through the sale of oil, natural gas, and natural gas liquids produced from its properties. The company monetizes its production by selling these hydrocarbons to various customers, including refineries and utility companies, often through long-term contracts or spot market transactions. Key revenue streams include crude oil sales, natural gas sales, and the sale of by-products. Additionally, Spartan Delta benefits from strategic partnerships and joint ventures that enhance its operational capabilities and expand its market reach, further contributing to its earnings. The company's focus on cost management and efficiency improvements also plays a significant role in its profitability.

Spartan Delta Financial Statement Overview

Summary

Spartan Delta shows a stable financial position with a strong balance sheet and moderate income statement performance. However, cash flow challenges, particularly negative free cash flow, indicate areas for improvement in financial management.

Income Statement

Spartan Delta's income statement shows a moderate performance with a TTM gross profit margin of 42.58% and a net profit margin of 11.47%. Revenue growth is positive at 8.29% TTM, indicating recovery from previous declines. However, margins have decreased compared to historical highs, suggesting some pressure on profitability.

Balance Sheet

The balance sheet is strong with a low debt-to-equity ratio of 0.15 TTM, indicating conservative leverage. Return on equity is modest at 7.07% TTM, reflecting stable but not exceptional profitability. The equity ratio is healthy, suggesting a solid capital structure.

Cash Flow

Cash flow analysis reveals challenges, with negative free cash flow TTM and a free cash flow to net income ratio of -0.37. Despite strong operating cash flow, the negative free cash flow indicates potential issues in capital expenditure management or investment returns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	323.29M	307.26M	662.36M	1.48B	618.84M	99.71M
Gross Profit	137.66M	158.47M	317.78M	1.10B	449.31M	63.70M
EBITDA	179.60M	165.87M	939.96M	953.50M	475.32M	71.89M
Net Income	37.08M	34.28M	663.11M	681.09M	334.22M	47.66M
Balance Sheet
Total Assets	1.04B	933.14M	819.52M	2.10B	1.74B	331.43M
Cash, Cash Equivalents and Short-Term Investments	194.00K	924.00K	406.00K	124.40M	1.25M	2.69M
Total Debt	87.78M	146.75M	79.71M	190.68M	442.36M	49.77M
Total Liabilities	437.45M	461.72M	389.81M	582.65M	855.76M	193.89M
Stockholders Equity	600.08M	471.43M	429.72M	1.52B	886.65M	137.54M
Cash Flow
Free Cash Flow	-66.13M	12.18M	180.62M	354.75M	-333.18M	-93.82M
Operating Cash Flow	181.15M	174.08M	475.67M	795.37M	279.77M	32.21M
Investing Cash Flow	-222.59M	-240.53M	1.32B	-442.30M	-925.71M	-113.10M
Financing Cash Flow	41.01M	66.95M	-1.92B	-230.14M	644.46M	58.92M

Spartan Delta Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SDE, the sentiment is Positive. The current price of 7.5 is above the 20-day moving average (MA) of 6.71, above the 50-day MA of 5.91, and above the 200-day MA of 4.25, indicating a bullish trend. The MACD of 0.46 indicates Negative momentum. The RSI at 76.23 is Negative, neither overbought nor oversold. The STOCH value of 85.34 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SDE.

Spartan Delta Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SNM	71 Outperform	C$673.09M	5.69	5.65%	―	46.17%	-82.95%
TAL	68 Neutral	C$593.79M	5.50	14.69%	21.85%	-2.90%	-31.97%
SDE	66 Neutral	$1.50B	38.05	7.22%	―	17.31%	-75.56%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
SGY	52 Neutral	$642.12M	11.82	5.87%	7.02%	-7.36%	―
OBE	50 Neutral	$523.40M	-2.47	-14.96%	―	-11.85%	-307.86%
CEI	46 Neutral	C$431.64M	-34.62	-7.05%	―	28.22%	-87.20%

Spartan Delta Corporate Events

Spartan Delta Corp. Reports Strong Q3 2025 Results and Expands Duvernay Operations

Spartan Delta Corp. reported robust operational results for the third quarter of 2025, with significant activity in the Duvernay and Deep Basin regions. The company drilled and completed several wells, achieving production rates that exceeded expectations. Spartan is on track to meet or surpass its 2025 production guidance and has increased its credit capacity to support further growth. The company continues to expand its Duvernay acreage, positioning itself as a leading player in this promising oil-weighted growth area.

The most recent analyst rating on (TSE:SDE) stock is a Hold with a C$7.00 price target. To see the full list of analyst forecasts on Spartan Delta stock, see the TSE:SDE Stock Forecast page.

Spartan Delta Expands Credit Facility to Fuel Duvernay Growth

Spartan Delta Corp. has announced an increase in its revolving credit facility from $250 million to $450 million, enhancing its liquidity to support growth in the Duvernay region. This financial boost, backed by a syndicate of major Canadian banks, positions Spartan to continue its strategic expansion and operational optimization in the oil and gas sector, benefiting stakeholders and supporting its growth strategy.

The most recent analyst rating on (TSE:SDE) stock is a Hold with a C$5.75 price target. To see the full list of analyst forecasts on Spartan Delta stock, see the TSE:SDE Stock Forecast page.

Spartan Delta Corp Reports Strong Q2 2025 Earnings

Spartan Delta Corp is a Canadian company engaged in the exploration, development, and production of crude oil and natural gas properties, primarily operating in the energy sector. The company is listed on the Toronto Stock Exchange under the symbol ‘SDE’.