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 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 |