Wall Street analyst estimates for Spartan Delta Corp (SDE.TO): consensus price target and buy/hold/sell recommendations.
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.
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-03 | $0.09 | ||
| 2026-07-29 | $0.20 | $0.15 | +27.6% |
| 2026-05-05 | $-0.07 | $0.05 | -250.0% |
| 2026-02-23 | $0.18 | $0.27 | -32.1% |
| 2025-11-05 | $0.03 | $0.15 | -82.6% |
| 2025-08-06 | $0.17 | $0.03 | +453.0% |
| 2025-05-06 | $-0.03 | $0.01 | -400.0% |
| 2025-02-20 | $0.03 | $0.18 | -83.1% |
Valuation Ratios
| P/E Ratio | 42.24 |
| Price / Book | 4.15 |
| EV / EBITDA | 9.33 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 529,373 CAD | 2.2M CAD | 2.0M CAD | 1.6M CAD | 99.7M CAD | 618.8M CAD | 1.48B CAD | 662.4M CAD | 307.3M CAD | 370.0M CAD |
| Cost of Revenue | 207,812 CAD | 1.2M CAD | 1.7M CAD | 2.3M CAD | 36.0M CAD | 169.5M CAD | 371.0M CAD | 344.6M CAD | 148.8M CAD | 287.7M CAD |
| Gross Profit | 321,561 CAD | 1.0M CAD | 353,051 CAD | -643,236 CAD | 63.7M CAD | 449.3M CAD | 1.10B CAD | 317.8M CAD | 158.5M CAD | 82.3M CAD |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | 519,467 CAD | 1.2M CAD | 1.7M CAD | 1.2M CAD | 18.5M CAD | 62.3M CAD | 112.5M CAD | 49.8M CAD | 25.8M CAD | 30.2M CAD |
| Operating Expenses | 1.0M CAD | 3.8M CAD | 3.9M CAD | 3.4M CAD | 66.8M CAD | 179.7M CAD | 349.2M CAD | 49.8M CAD | 133.0M CAD | 30.2M CAD |
| Operating Income | -718,790 CAD | -2.8M CAD | -3.5M CAD | -4.1M CAD | -2.8M CAD | 277.3M CAD | 775.9M CAD | 213.6M CAD | 25.5M CAD | 52.1M CAD |
| EBITDA | -458,104 CAD | -1.7M CAD | -1.7M CAD | -442,144 CAD | 71.9M CAD | 473.0M CAD | 943.0M CAD | 940.0M CAD | 165.9M CAD | 249.0M CAD |
| Interest Expense | 0 | 0 | 0 | 0 | 3.0M CAD | 13.6M CAD | 28.8M CAD | 40.0M CAD | 10.9M CAD | 9.5M CAD |
| Pre-tax Income | -650,593 CAD | -2.4M CAD | -3.2M CAD | -2.0M CAD | 41.0M CAD | 356.5M CAD | 710.0M CAD | 751.3M CAD | 43.9M CAD | 93.3M CAD |
| Income Tax | -327,466 CAD | -108,000 CAD | 0 | -28,272 CAD | -6.6M CAD | 22.3M CAD | 28.9M CAD | 88.2M CAD | 9.6M CAD | 23.3M CAD |
| Net Income | -391,324 CAD | -2.2M CAD | -3.2M CAD | -2.0M CAD | 47.7M CAD | 334.2M CAD | 681.1M CAD | 663.1M CAD | 34.3M CAD | 70.0M CAD |
| EPS | $-2.77 | $-5.63 | $-2.85 | $-0.99 | $1.06 | $2.89 | $4.36 | $3.84 | $0.20 | $0.35 |
| EPS (Diluted) | $-2.77 | $-5.63 | $-2.85 | $-0.99 | $0.86 | $2.50 | $3.88 | $3.82 | $0.20 | $0.35 |
| Shares Outstanding (Diluted) | 141,174 | 399,698 | 1.1 M | 2.0 M | 55.4 M | 133.5 M | 175.5 M | 173.5 M | 175.4 M | 202.7 M |
Price
| Price | $14.87 (closing price, October 28, 2026) |
| Market Cap | $2.2B |
| Exchange | TSX |
| Country | CA |
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Explore sector: Energy · Oil & Gas Exploration & Production
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