Spartan Delta Corp. (TSX:SDE)
| Market Cap | 2.86B +427.1% |
| Revenue (ttm) | 424.84M +51.2% |
| Net Income | 61.55M +243.5% |
| EPS | 0.31 +202.8% |
| Shares Out | 204.98M |
| PE Ratio | 45.70 |
| Forward PE | 16.40 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 582,572 |
| Average Volume | 705,157 |
| Open | 13.94 |
| Previous Close | 13.94 |
| Day's Range | 13.47 - 14.21 |
| 52-Week Range | 2.82 - 14.40 |
| Beta | 0.72 |
| RSI | 56.68 |
| Earnings Date | May 20, 2026 |
About Spartan Delta
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. [Read more]
Financial Performance
In 2025, Spartan Delta's revenue was 369.97 million, an increase of 34.51% compared to the previous year's 275.06 million. Earnings were 70.02 million, an increase of 104.23%.
Financial StatementsNews
Spartan Delta upgraded to Outperform from Sector Perform at ATB Cormark
ATB Cormark analyst Patrick O’Rourke upgraded Spartan Delta (DALXF) to Outperform from Sector Perform with a C$17 price target
Spartan Delta price target raised to C$16 from C$14 at TD Securities
TD Securities analyst Aaron Bilkoski raised the firm’s price target on Spartan Delta (DALXF) to C$16 from C$14 and keeps a Buy rating on the shares.
Spartan Delta price target raised to C$16 from C$13.50 at BMO Capital
BMO Capital analyst Jeremy McCrea raised the firm’s price target on Spartan Delta (DALXF) to C$16 from C$13.50 and keeps an Outperform rating on the shares.
Spartan Delta Earnings release: Q1 2026
Spartan Delta released its Q1 2026 earnings on May 5, 2026, summarizing the period's financial results.
Spartan Delta Registration statement: Q1 2026
Spartan Delta filed a registration statement on May 5, 2026, providing details about a securities offering with the SEC.
Spartan Delta Registration statement: Q1 2026
Spartan Delta filed a registration statement on May 5, 2026, providing details about a securities offering with the SEC.
Spartan Delta Slides: Investor presentation
Spartan Delta has posted slides in relation to its latest quarterly earnings report, which was published on May 5, 2026.
Spartan Delta Slides: Investor presentation
Spartan Delta has posted slides in relation to its latest quarterly earnings report, which was published on April 13, 2026.
Spartan Delta initiated with a Buy at Roth Capital
Roth Capital initiated coverage of Spartan Delta (DALXF) with a Buy rating and C$13.50 price target The firm views Spartan as an “attractive early-cycle” Duvernay growth story in the Canadian…
Spartan Delta price target raised to C$12 from C$9.50 at TD Securities
TD Securities raised the firm’s price target on Spartan Delta (DALXF) to C$12 from C$9.50 and keeps a Buy rating on the shares.
Spartan Delta Slides: Investor presentation
Spartan Delta has posted slides in relation to its latest quarterly earnings report, which was published on February 23, 2026.
Spartan Delta Earnings release: Q4 2025
Spartan Delta released its Q4 2025 earnings on February 23, 2026, summarizing the period's financial results.
Spartan Delta Registration statement: Q4 2025
Spartan Delta filed a registration statement on February 23, 2026, providing details about a securities offering with the SEC.
Spartan Delta Registration statement: Q4 2025
Spartan Delta filed a registration statement on February 23, 2026, providing details about a securities offering with the SEC.
Spartan Delta price target raised to C$11 from C$9 at BMO Capital
BMO Capital analyst Jeremy McCrea raised the firm’s price target on Spartan Delta (DALXF) to C$11 from C$9 and keeps an Outperform rating on the shares.
Spartan Delta price target raised to C$11 from C$8 at Scotiabank
Scotiabank raised the firm’s price target on Spartan Delta (DALXF) to C$11 from C$8 and keeps an Outperform rating on the shares.
Spartan Delta price target raised to C$9.50 from C$7.50 at TD Securities
TD Securities analyst Aaron Bilkoski raised the firm’s price target on Spartan Delta (DALXF) to C$9.50 from C$7.50 and keeps a Buy rating on the shares.
Spartan Delta price target raised to C$9 from C$7.50 at BMO Capital
BMO Capital raised the firm’s price target on Spartan Delta (DALXF) to C$9 from C$7.50 and keeps an Outperform rating on the shares.
Spartan Delta price target raised to C$7.50 from C$7 at National Bank
National Bank analyst Dan Payne raised the firm’s price target on Spartan Delta (DALXF) to C$7.50 from C$7 and keeps an Outperform rating on the shares.
Spartan Delta price target raised to C$7.50 from C$7 at TD Securities
TD Securities analyst Aaron Bilkoski raised the firm’s price target on Spartan Delta (DALXF) to C$7.50 from C$7 and keeps a Buy rating on the shares.
Spartan Delta Earnings release: Q3 2025
Spartan Delta released its Q3 2025 earnings on November 3, 2025, summarizing the period's financial results.
Spartan Delta Registration statement: Q3 2025
Spartan Delta filed a registration statement on November 3, 2025, providing details about a securities offering with the SEC.
Spartan Delta Registration statement: Q3 2025
Spartan Delta filed a registration statement on November 3, 2025, providing details about a securities offering with the SEC.
Spartan Delta price target raised to C$8 from C$7.50 at Scotiabank
Scotiabank raised the firm’s price target on Spartan Delta (DALXF) to C$8 from C$7.50 and keeps an Outperform rating on the shares.
Spartan Delta price target raised to C$7 from C$6 at TD Securities
TD Securities analyst Aaron Bilkoski raised the firm’s price target on Spartan Delta (DALXF) to C$7 from C$6 and keeps a Buy rating on the shares.