Sector: Energy | Industry: Oil & Gas Exploration and Production |
Company Contact | |
Address: | Suite 1500 Jamieson Place, 308 - 4th Avenue SW CALGARY AB T2P 0H7 |
Tel: | N/A |
Website: | https://www.spartandeltacorp.com |
IR: | See website |
Key People | ||
Richard F. Mchardy Executive Chairman of the Board | Sanjib Gill Corporate Secretary | Fotis Kalantzis President, Chief Executive Officer, Director |
Geri Greenall Chief Financial Officer | Ashley Dawn Hohm Vice President - Finance, Controller | Craig Christopher Martin Vice President - Operations |
Randy Berg Vice President - Land and Stakeholder Relations | Mark Hodgson Vice President - Corporate Development and IT | Thanos Natras Vice President - Exploration | Brendan Archibald Paton Vice President - Engineering |
Business Overview |
Spartan Delta Corp. is a Canada-based energy company. The Company is engaged in exploration, development and production of crude oil and natural gas properties in western Canada. The Company is focused on acquiring a diversified portfolio of assets. It has a portfolio of production and development opportunities in the Deep Basin of Alberta. It is focused on the execution of the Company's organic drilling program, delivering operational synergies. |
Financial Overview |
For the three months ended 31 March 2024, Spartan Delta Corp revenues decreased 78% to C$69.3M. Net income decreased 87% to C$11.2M. Revenues reflect Oil and gas sales decrease of 73% to C$84.1M, Unrealized gain (loss) decrease from C$32.5M to -C$6.5M, Processing and other decrease of 53% to C$1.6M. Net income also reflects Overhead recoveries and Capitalized G&A decrease of 55% to C$2.2M (income). |
Employees: | 91 as of Dec 31, 2021 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $795.88M as of Mar 31, 2024 |
Annual revenue (TTM): | $401.57M as of Mar 31, 2024 |
EBITDA (TTM): | $231.53M as of Mar 31, 2024 |
Net annual income (TTM): | $587.85M as of Mar 31, 2024 |
Free cash flow (TTM): | -$1,464M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | $82.23M as of Mar 31, 2024 |
Shares outstanding: | 173,201,000 as of Mar 31, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |