Risk factor
Limited default risk
Profitability factor
Favourable analyst view
About
Spartan Delta Corp. specializes in the exploration, development, and production of oil and natural gas resources across Western Canada. Its operations encompass owning and managing hydrocarbon properties within Alberta, Saskatchewan, and British Columbia. By December 31, 2021, the company reported total proved and probable reserves amounting to 545,734 thousand barrels of oil equivalent. Founded in 2006, this Calgary, Canada-headquartered firm adopted its current name in May 2020, having previously operated as Return Energy Inc.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, neutral on EV/EBITD.
Target Price
The average target price of SDE.TO is 17 and suggests 34% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa