Spartan Delta Corp. (T:SDE*CA)

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
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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 fiscal year ended 31 December 2023, Spartan Delta Corp revenues decreased 50% to C$646.1M. Net income decreased 3% to C$663.1M. Revenues reflect Natural Gas - Production-Shale Gas decrease of 61% to 13.01B cubic feet, Oil Equivalent Production (Units/day) - decrease of 27% to 53K barrels per day, Oil and gas sales decrease of 55% to C$652.8M, Unrealized gain (loss) decrease from C$51.6M to -C$30M.
Employees: 91 as of Dec 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $796.15M as of Dec 31, 2023
Annual revenue (TTM): $646.14M as of Dec 31, 2023
EBITDA (TTM): $389.64M as of Dec 31, 2023
Net annual income (TTM): $663.11M as of Dec 31, 2023
Free cash flow (TTM): -$1,451M as of Dec 31, 2023
Net Debt Last Fiscal Year: $79.30M as of Dec 31, 2023
Shares outstanding: 173,201,000 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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