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Spartan Delta Corp. (T:SDE)

Business Focus: Oil & Gas Exploration and Production (NEC)

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