Spartan Delta (SDE) AI Stock Analysis

• Market Cap: C$1.52B
• Dividend Yield: N/A
• Average Volume (3M): 588.18K
• Price to Earnings (P/E): 37.4
• Beta (1Y): 1.24
• 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: 476,786
• 30 Day Avg. Volume: 588,183
• 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: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$8.01
• Price Target Upside: 8.63% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: C$8.00 ▲(8.55% Upside)

Spartan Delta's overall stock score reflects a balanced view of its financial performance, technical indicators, and valuation. The strong balance sheet and positive technical trends are significant strengths. However, liquidity challenges and a high P/E ratio present risks. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Balance Sheet Strength

A strong balance sheet with low leverage enhances financial stability and provides flexibility for future investments and growth opportunities.

Revenue Growth

Consistent revenue growth reflects the company's ability to expand its market presence and adapt to industry dynamics, supporting long-term viability.

Operational Efficiency

Operational efficiency through cost management ensures sustainable profitability and competitive advantage in the volatile oil and gas industry.

Negative Factors

Margin Pressure

Decreasing margins indicate rising costs or pricing pressures, which can affect profitability and competitiveness if not addressed.

Cash Flow Challenges

Negative free cash flow suggests potential liquidity issues, limiting the company's ability to fund operations and invest in growth without external financing.

Earnings Volatility

Volatile earnings can undermine investor confidence and complicate strategic planning, impacting long-term growth and stability.

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: 7.37
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 7.37 is below the 20-day moving average (MA) of 7.49, above the 50-day MA of 6.66, and above the 200-day MA of 4.58, indicating a neutral trend. The MACD of 0.21 indicates Positive momentum. The RSI at 53.69 is Neutral, neither overbought nor oversold. The STOCH value of 31.10 is Neutral, 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
SDE	67 Neutral	C$1.52B	37.39	7.22%	―	17.31%	-75.56%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
TAL	64 Neutral	C$346.93M	3.37	14.69%	22.73%	-2.90%	-31.97%
SGY	52 Neutral	$685.71M	15.39	5.87%	7.56%	-7.36%	―
SNM	52 Neutral	C$733.24M	40.83	5.65%	―	46.17%	-82.95%
OBE	50 Neutral	C$555.72M	-2.55	-14.96%	―	-11.85%	-307.86%
CEI	49 Neutral	C$431.75M	-37.10	-7.05%	―	77.10%	-74.02%

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.

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.