Spartan Delta (SDE) Stock Price, News & Analysis

Company Overview

Spartan Delta Corp. engages in the exploration, development, and production of oil and natural gas reserves in the Western Canada. Its assets are located in Montney and Deep Basin. The company was formerly known as Return Energy Inc. and changed its name to Spartan Delta Corp. in May 2020. The company was incorporated in 2006 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: C$3.54 to C$3.70
• 50-Day Range: C$3.24 to C$4.02
• 52-Week Range: C$2.63 to C$4.36
• Volume: 286,621 shs
• Average Volume: 276,697 shs
• Market Capitalization: C$633.91 million
• P/E Ratio: 4.41
• Dividend Yield: 5.88%
• Price Target: C$5.61
• Consensus Rating: Buy

Spartan Delta Stock Analysis - MarketRank™

Spartan Delta scored higher than 75% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

Spartan Delta has received a consensus rating of Buy. The company's average rating score is 3.10, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Spartan Delta has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Spartan Delta is 4.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.63.

Price to Earnings Ratio vs. Sector

The P/E ratio of Spartan Delta is 4.41, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 108.76.

Price to Book Value per Share Ratio

Spartan Delta has a P/B Ratio of 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for SDE.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Spartan Delta is a leading dividend payer. It pays a dividend yield of 5.88%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Spartan Delta does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for SDE.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.67

News Sentiment

Spartan Delta has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Spartan Delta this week, compared to 0 articles on an average week.

MarketBeat Follows

2 people have added Spartan Delta to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Spartan Delta insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$45,600.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

12.43% of the stock of Spartan Delta is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 28.37% of the stock of Spartan Delta is held by institutions.

SDE Stock Analysis - Frequently Asked Questions

How have SDE shares performed this year?

Spartan Delta's stock was trading at C$2.98 on January 1st, 2024. Since then, SDE stock has increased by 22.8% and is now trading at C$3.66.
View the best growth stocks for 2024 here.

How were Spartan Delta's earnings last quarter?

Spartan Delta Corp. (TSE:SDE) posted its quarterly earnings data on Tuesday, November, 5th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $60.55 million for the quarter. Spartan Delta had a net margin of 50.10% and a trailing twelve-month return on equity of 37.82%.

How do I buy shares of Spartan Delta?

Shares of SDE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Spartan Delta own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Spartan Delta investors own include Whitecap Resources (WCP), Tamarack Valley Energy (TVE), Toronto-Dominion Bank (TD), Tourmaline Oil (TOU), Enbridge (ENB), GFG Resources (GFG) and TC Energy (TRP).

Company Calendar

• Last Earnings: 11/05/2024
• Today: 11/21/2024
• Next Earnings (Estimated): 2/24/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: N/A
• Current Symbol: TSE:SDE
• CUSIP: N/A
• CIK: N/A
• Web: www.spartandeltacorp.com
• Phone: 403-265-8011
• Fax: N/A
• Employees: 121
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$5.61
• High Stock Price Target: C$7.50
• Low Stock Price Target: C$4.25
• Potential Upside/Downside: +53.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.10
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.83
• Trailing P/E Ratio: 4.41
• Forward P/E Ratio: 12.00
• P/E Growth: N/A
• Net Income: C$145.16 million
• Net Margins: 50.10%
• Pretax Margin: N/A
• Return on Equity: 37.82%
• Return on Assets: 2.90%

Debt

• Debt-to-Equity Ratio: 30.43
• Current Ratio: 0.93
• Quick Ratio: 0.66

Sales & Book Value

• Annual Sales: C$289.70 million
• Price / Sales: 2.19
• Cash Flow: C$0.07 per share
• Price / Cash Flow: 52.71
• Book Value: C$2.65 per share
• Price / Book: 1.38

Miscellaneous

• Outstanding Shares: 173,200,000
• Free Float: N/A
• Market Cap: C$633.91 million
• Optionable: Not Optionable
• Beta: 1.49