Spartan Delta Corp. (TSX:SDE)

Canada flag Canada · Delayed Price · Currency is CAD
13.49
-0.45 (-3.23%)
May 20, 2026, 2:56 PM EST
Market Cap2.86B +427.1%
Revenue (ttm)424.84M +51.2%
Net Income61.55M +243.5%
EPS0.31 +202.8%
Shares Out204.98M
PE Ratio45.70
Forward PE16.40
Dividendn/a
Ex-Dividend Daten/a
Volume582,572
Average Volume705,157
Open13.94
Previous Close13.94
Day's Range13.47 - 14.21
52-Week Range2.82 - 14.40
Beta0.72
RSI56.68
Earnings DateMay 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]

Sector Energy
Founded 2006
Employees 108
Stock Exchange Toronto Stock Exchange
Ticker Symbol SDE
Full Company Profile

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 Statements

News

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

13 days ago - TheFly

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.

13 days ago - TheFly

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.

13 days ago - TheFly

Spartan Delta Earnings release: Q1 2026

Spartan Delta released its Q1 2026 earnings on May 5, 2026, summarizing the period's financial results.

14 days ago - Filings

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.

14 days ago - Filings

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.

14 days ago - Filings

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.

14 days ago - Filings

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.

5 weeks ago - Filings

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…

2 months ago - TheFly

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.

3 months ago - TheFly

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.

3 months ago - Filings

Spartan Delta Earnings release: Q4 2025

Spartan Delta released its Q4 2025 earnings on February 23, 2026, summarizing the period's financial results.

3 months ago - Filings

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.

3 months ago - Filings

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.

3 months ago - Filings

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.

3 months ago - TheFly

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.

4 months ago - TheFly

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.

4 months ago - TheFly

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.

4 months ago - TheFly

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.

7 months ago - TheFly

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.

7 months ago - TheFly

Spartan Delta Earnings release: Q3 2025

Spartan Delta released its Q3 2025 earnings on November 3, 2025, summarizing the period's financial results.

7 months ago - Filings

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.

7 months ago - Filings

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.

7 months ago - Filings

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.

7 months ago - TheFly

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.

8 months ago - TheFly