SDE.TO

Spartan Delta Corp.

C$11.35

-2.07%

SectorEnergyIndustryOil & Gas E&PCountryCanadaExchangeTSX · CAD

Overview AI Brief ChartChart & Performance Financials ExposureRevenue Exposure FilingsFilings & Red Flags ScoresScores & Valuation News Analysts InsidersInsiders & Short Interest Ownership

Market CapC$2.3B

Dividend Yield0.00%

AnalystsBuy+52.2% target

Beta0.65

AI summary

Price & performance

1M-19.0%

3M-5.5%

YTD+51.9%

1Y+59.6%

52-week range—

Beta0.65

Full chart and returns against a benchmark

Q-Score

70/ 100

Quality against peers; 50 is the peer median.

Growth89

Risk54

Performance72

Valuation39

Profitability59

Leverage61

Sentiment70

Every score and metric

News sentiment

Open News

Latest results · FY 2025

RevenueC$414.3M+31.5%

Net incomeC$70M+104.2%

Net margin16.9%+6.0 pts

Historical fundamentals

Valuation

SDE.TOIndustryP/E33.7512.36P/S3.382.82EV/EBITDA6.519.62P/B3.161.93PEG0.330.22

Dividend yield0.00%

Every valuation metric

Historical Fundamentals

Revenue

Net Income

Net Margin

P/E

Showing the last 4 periods. Pro adds the full annual and quarterly history and 20+ more metrics to chart.

Latest Results

The latest fiscal year and quarter, each against the same period a year earlier, from SEC filings.

Metric	FY 2025	vs a year before	Q3 2026	vs a year before
Revenue	C$414.3M	+31.5%	C$208.5M	—
Net Income	C$70M	+104.2%	C$4M	—
Net Margin	16.9%	+6.0 pts	1.9%	—

Obligations & Notes

From the notes to the annual report for fiscal 2025, ending December.

Effective tax rate25.0%

Q-Scores

OverallCombines the categories below, except Sentiment

Industry 6070

Growth

Industry 6789

Risk

Industry 6454

Performance

Industry 4972

Valuation

Industry 6639

Profitability

Industry 4559

Leverage

Industry 5661

Sentiment

Industry 4570

Key Metrics

Fundamentals: trailing twelve months to Sep 2026, from the latest 10-K and 10-Qs.

Market Beta (5-factor)

IM 0.85SM 0.840.92

Market Cap

1.6B

Dividend Yield

IM 0.00%SM 0.00%0.00%

Volume

IM 642.8KSM 745.3K819.5K

Industry Market Share

0.17%

Sector Market Share

0.03%

IM industry median · SM sector median: the typical company the value is compared with. The /100 is its score against those peers.

Comparable Companies

The companies closest in size in Oil & Gas E&P (filled from its sector when there are few), with the median and rank across all 124 in the industry.

Company	Market cap	P/E	EV/EBITDA	P/S	P/B	FCF yield	Implied growth	Revenue growth	Op. margin	ROE	Debt/equity
SDE.TOSpartan Delta Corp.	$1.6B	33.8	6.5	3.4	3.2	-7.8%	—	119.2%	28.6%	9.4%	0.4
KEL.TOKelt Exploration Ltd.	$1.6B	40.9	8.0	3.6	1.9	-3.2%	—	37.6%	15.4%	4.8%	0.2
VET.TOVermilion Energy Inc.	$1.7B	—	—	1.3	1.1	—	—	14.1%	—	-29.4%	0.6
VETVermilion Energy Inc.	$1.7B	—	—	1.3	1.0	—	—	19.6%	—	-29.4%	0.6
MNRMach Natural Resources LP	$1.5B	10.5	4.2	1.1	—	37.1%	-14.6%	36.7%	17.9%	—	—
DMLPDorchester Minerals, L.P.	$1.4B	13.9	—	6.9	—	11.4%	-6.0%	38.2%	—	—	—
GFRGreenfire Resources Ltd.	$1.9B	53.6	—	4.4	2.2	1.0%	27.5%	-22.6%	—	4.1%	0.0
GFR.TOGreenfire Resources Ltd.	$1.9B	55.9	—	4.5	2.3	0.9%	28.0%	-26.1%	—	4.1%	0.0
PXT.TOParex Resources Inc.	$1.4B	2.4	3.5	0.9	0.6	13.9%	-2.4%	24.0%	21.5%	24.9%	0.4
Industry median		13.6	5.5	2.0	1.5	9.8%	-6.5%	15.0%	21.1%	7.4%	0.3
SDE.TO percentile		85th	65th	73rd	85th	15th	—	92nd	67th	57th	63rd