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Spartan Delta Corp (SDE.TO)
CAD11.31
-0.16 (-1.39%)
CA TSX Energy Oil & Gas Exploration & Production
Address
Jamieson Place T2P 0H7
Calgary, AB, CA
Calgary, AB, CA
CEO
Fotis Kalantzis
Website
spartandeltacorp.com
IPO
2006-05-31
ISIN CA84678A5089
Also trades on
Other OTC · DALXF (USD)
Toronto Stock Exchange · SDE.TO (CAD)
Description
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.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
CAD11.31
-0.16 (-1.39%)
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Volume Profile
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Liquidity & share structure
Average Volume
796.4K
Beta
0.67
Float Shares
176.47M
Free Float %
88.0%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +5.54% | +3.82% | +14.91% | +39.44% | +83.61% | +83.86% | +369.37% | -11.13% | +181.82% | +33.30% | -97.95% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
11.31
DCF (Unlevered)
1.41
-87.5%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
90% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 2 | +1 |
| Buy | 7 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 1 | 0 |
Quality scores
Altman Z-Score
3.15
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
-
Revenue growth Oil & Gas Exploration & Production: +0.0%+20.4% ★ Q1'26: +44.0% (vs Q1'25)
-
EPS growth Oil & Gas Exploration & Production: +11.9%+75.0% ★ Q1'26: -151.1% (vs Q1'25)
-
FCF margin FCF growth · Oil & Gas Exploration & Production: +19.3%+1.4% Q1'26: -16.7% (vs Q1'25)
-
EBIT margin Oil & Gas Exploration & Production: +22.0%+14.1% Q1'26: +28.7% (vs Q1'25)
-
ROIC Oil & Gas Exploration & Production: +5.1%+5.7% ★ Q1'26: +16.4% (vs Q1'25)
-
Share dilution Oil & Gas Exploration & Production: +0.0%+15.6% Q1'26: +5.2% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Oil & Gas Exploration & Production: 0.70×0.94× ★ Q1'26: 0.73× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Dec 2015 actual |
Dec 2018 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 2 Rev. Ana. 1 EPS Ana. |
Dec 2027 2 Rev. Ana. 2 EPS Ana. |
Dec 2028 1 Rev. Ana. 1 EPS Ana. |
Dec 2029 1 Rev. Ana. 1 EPS Ana. |
Dec 2030 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
38.7K
est: 2.40M (-98.4%)
|
2.03M
est: 2.40M (-15.3%)
|
99.71M
est: 85.60M (+16.5%)
|
618.84M
est: 529.00M (+17.0%)
|
1.48B
est: 1.29B (+14.5%)
|
662.36M
est: 289.70M (+128.6%)
|
307.26M
est: 302.50M (+1.6%)
|
369.97M
est: 364.50M (+1.5%)
|
743.50M
719.00M – 768.00M
+104.0% YoY
|
921.00M
848.00M – 994.00M
+23.9% YoY
|
403.39M
379.77M – 427.02M
-56.2% YoY
|
415.19M
390.87M – 439.51M
+2.9% YoY
|
427.34M
402.31M – 452.37M
+2.9% YoY
|
| EBITDA |
-497.2K
est: 1.76M (-128.2%)
|
-1.68M
est: 1.76M (-195.1%)
|
71.89M
est: 62.92M (+14.3%)
|
475.32M
est: 388.84M (+22.2%)
|
953.50M
est: 947.12M (+0.7%)
|
939.96M
est: 202.65M (+363.8%)
|
165.87M
est: 211.60M (-21.6%)
|
200.98M
est: 254.97M (-21.2%)
|
520.08M
502.94M – 537.22M
+104.0% YoY
|
644.24M
593.18M – 695.30M
+23.9% YoY
|
282.18M
265.65M – 298.70M
-56.2% YoY
|
290.43M
273.42M – 307.44M
+2.9% YoY
|
298.92M
281.41M – 316.43M
+2.9% YoY
|
| EBIT |
-505.2K
est: 1.31M (-138.7%)
|
-3.51M
est: 1.31M (-368.8%)
|
44.05M
est: 46.55M (-5.4%)
|
370.11M
est: 287.70M (+28.6%)
|
738.85M
est: 700.76M (+5.4%)
|
791.30M
est: 140.12M (+464.7%)
|
54.87M
est: 146.31M (-62.5%)
|
52.08M
est: 176.29M (-70.5%)
|
359.60M
347.75M – 371.45M
+104.0% YoY
|
445.45M
410.14M – 480.76M
+23.9% YoY
|
195.11M
183.68M – 206.53M
-56.2% YoY
|
200.81M
189.05M – 212.57M
+2.9% YoY
|
206.69M
194.58M – 218.79M
+2.9% YoY
|
| Net Income |
-681.3K
est: -1.75B (+100.0%)
|
-3.16M
est: -1.75B (+99.8%)
|
47.66M
est: 78.48M (-39.3%)
|
334.22M
est: 311.22M (+7.4%)
|
681.09M
est: 630.15M (+8.1%)
|
663.11M
|
34.28M
est: 101.35M (-66.2%)
|
70.02M
est: 61.55M (+13.8%)
|
136.31M
125.93M – 146.69M
+121.5% YoY
|
206.25M
178.32M – 234.17M
+51.3% YoY
|
293.91M
271.53M – 316.29M
+42.5% YoY
|
302.02M
279.02M – 325.02M
+2.8% YoY
|
160.13M
147.94M – 172.33M
-47.0% YoY
|
| SGA |
594.2K
est: 250.3K (+137.4%)
|
1.68M
est: 250.3K (+570.6%)
|
18.48M
est: 8.93M (+107.0%)
|
62.34M
est: 55.17M (+13.0%)
|
112.48M
est: 134.39M (-16.3%)
|
49.85M
est: 24.21M (+105.9%)
|
25.79M
est: 25.28M (+2.0%)
|
30.20M
est: 30.46M (-0.9%)
|
62.13M
60.08M – 64.17M
+104.0% YoY
|
76.96M
70.86M – 83.06M
+23.9% YoY
|
33.71M
31.73M – 35.68M
-56.2% YoY
|
34.69M
32.66M – 36.72M
+2.9% YoY
|
35.71M
33.62M – 37.80M
+2.9% YoY
|
| EPS |
-5.97
est: -10.00 (+40.3%)
|
-2.85
est: -10.00 (+71.5%)
|
1.06
est: 0.45 (+136.9%)
|
2.89
est: 1.77 (+62.8%)
|
4.36
est: 3.59 (+21.3%)
|
3.84
|
0.20
est: 0.50 (-60.0%)
|
0.35
est: 0.32 (+9.2%)
|
0.67
0.62 – 0.72
+109.8% YoY
|
1.02
0.88 – 1.16
+51.3% YoY
|
1.45
1.34 – 1.56
+42.5% YoY
|
1.49
1.38 – 1.60
+2.8% YoY
|
0.79
0.73 – 0.85
-47.0% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-07 | B | 3/5 | 1/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-06 | B | 3/5 | 1/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-05 | B | 3/5 | 1/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-04 | B | 3/5 | 1/5 | 4/5 | 4/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-01 | B | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-30 | B | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-29 | B | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-28 | B | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-27 | B | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-24 | B | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-23 | B- | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-22 | B- | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-21 | B- | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-20 | B- | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-17 | B- | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-16 | B- | 3/5 | 1/5 | 4/5 | 5/5 | 1/5 | 2/5 | 2/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
88.29M
OE per share TTM
0.43
Owner's Yield
3.51%
Maintenance CapEx ratio
—
Maint CapEx / Avg PPE
154.0%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
Held by 43 ETFs in our universe
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares S&P/TSX SmallCap Index ETF XCS.TO | 0.66% | 1.13M | 0.60% |
| 2 | iShares S&P/TSX Capped Energy Index ETF XEG.TO | 0.51% | 8.63M | 0.60% |
| 3 | iShares Oil & Gas Exploration & Production UCITS ETF IOGP.L | 0.22% | 871.7K | 0.55% |
| 4 | iShares S&P/TSX Completion Index ETF XMD.TO | 0.20% | 1.13M | 0.60% |
| 5 | Avantis International Small Cap Value ETF AVDV | 0.12% | 23.52M | 0.36% |
| 6 | State Street SPDR S&P International Small Cap ETF GWX | 0.06% | 529.9K | 0.40% |
| 7 | Avantis International Small Cap Equity ETF AVDS | 0.05% | 164.0K | 0.30% |
| 8 | BMO S&P/TSX Capped Composite Index ETF ZCN.TO | 0.04% | 4.92M | 0.06% |
| 9 | iShares Core S&P/TSX Capped Composite Index ETF XIC.TO | 0.04% | 8.79M | 0.06% |
| 10 | TD Canadian Equity Index ETF TTP.TO | 0.04% | 1.78M | 0.05% |
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
667.7K
Shares Outstanding
200.51M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Fotis Kalantzis | President, Chief Executive Officer & Director | 1M | — |
| Randy Murray Berg | Vice President of Land & Stakeholder Relations | 819.0K | male |
| Martin Malek | Chief Operating Officer | 707.5K | male |
| Ronald Andrew Williams | Vice President of Finance & Chief Financial Officer | 707.5K | male |
| OJay Platt | Vice President of Production | 548.8K | male |
| Robert John Day | Vice President of Development | 439.2K | male |
| Sanjib Singh Gill | Corporate Secretary | — | male |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for SDE.TO
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
