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StockVS

TSX · Oil & Gas E&P · CAD

Spartan Delta Corp. (SDE.TO) Stock Analysis

Spartan Delta Corp. (SDE.TO) is a Oil & Gas E&P stock listed on TSX and quoted in Canadian Dollar.

SDE.TO

CA$13.01

−CA$0.29 (−2.18%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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SDE.TO Key Statistics

As of Sep 4, 2026
Trading
Open
CA$13.23
Previous Close
CA$13.30
Day's Range
12.97–13.29
52-Week Range
4.76–14.40
Volume
477.70K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.65
Valuation
Market Cap
CA$2.67B
P/E Ratio
37.17
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
12.57
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
5.22
EPS (ttm)Profit attributable to each share over the last twelve months.
0.35
Financials (FY)
Revenue (FY)
CA$414.33M+31.47%
Net Income (FY)
CA$70.02M+104.23%
Profit marginThe share of revenue left as profit after all costs and taxes.
13.77%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
205.18M
1-Year Return
+166.05%
Dividend and dates
Earnings Date
November 3, 2026estimated
Avg Volume
714.35K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

SDE.TO Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+79.45%
2025+110.14%
2024+15.77%
2023−44.45%
2022+158.90%
2021+100.35%
2020−40.40%
2019+150.00%
2018−80.00%
2017−44.45%
2016 (partial year)+80.00%

As of September 4, 2026.

SDE.TO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025CA$414.33MCA$70.02M16.9%
2024CA$315.15MCA$34.28M10.9%
2023CA$662.36MCA$663.11M100.1%
2022CA$1.48BCA$681.09M46.2%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$414.33MCA$204.05MCA$52.08MCA$70.02M16.9%
2024CA$315.15MCA$158.47MCA$25.51MCA$34.28M10.9%
2023CA$662.36MCA$444.13MCA$190.23MCA$663.11M100.1%
2022CA$1.48BCA$1.11BCA$760.13MCA$681.09M46.2%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

SDE.TO Valuation vs Oil & Gas E&P Median

Median of 122 stocks
MetricSDE.TOOil & Gas E&P medianvs median
P/E37.1715.00148% above
P/S ratio5.222.33124% above
Profit margin13.77%11.54%2.2 pts above

Medians across 122 Oil & Gas E&P stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

Spartan Delta Corp. (SDE.TO) is capitalised at CA$2.67B on the latest close. It is classified in the Oil & Gas E&P industry, within the Energy sector. The company reports 107 employees.

The most recent close on file for SDE.TO is CA$13.01, dated September 4, 2026. That is −CA$0.29 (−2.18%) against the previous close. Over the past 52 weeks the price has ranged from CA$4.76 to CA$14.40. The latest close sits 173.32% above that 52-week low.

Financial Health

In fiscal 2025, Spartan Delta Corp. reported revenue of CA$414.33M. Against the prior fiscal year total of CA$315.15M, that is a change of +31.47%. The same year closed with net income of CA$70.02M. That is +104.23% against the prior fiscal year. Profit margin runs at 13.77%. That is 2.2 percentage points above the Oil & Gas E&P median of 11.54%. Trailing earnings per share are 0.35.

Across the 4 fiscal years on file, revenue moves from CA$1.48B in 2022 to CA$414.33M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

SDE.TO trades at a trailing price-to-earnings ratio of 37.17. That is 147.8% above the Oil & Gas E&P median of 15. On forward earnings the ratio is 12.57. Measured against sales, the shares trade at 5.22 times revenue. On price-to-sales that is 124.02% above the Oil & Gas E&P median of 2.33. 122 Oil & Gas E&P companies report these metrics, and the medians quoted come from that group.

The reported beta is 0.65. Annualized volatility over the trailing 10 years is 116.89%. The trailing one-year price return is +166.05%. Across 10 years the annualized return works out at +14.13%.

Growth & Income

No dividend is on file for SDE.TO.

Across the complete calendar years on file, 2022 returned +158.90% and 2018 returned −80.00%. Of the 9 complete calendar years on file, 5 finished higher. 2026 is still running; the price is +79.45% year to date.

Peer Comparison

Spartan Delta Corp. (SDE.TO) operates in the Oil & Gas E&P industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Spartan Delta Corp. SDE.TO CA$2.67B 37.2
ConocoPhillips COP CA$161.29B 17.9
Canadian Natural Resources Limited CNQ CA$104.02B 12.5
EOG Resources, Inc. EOG CA$76.16B 11.4

The Oil & Gas E&P industry average P/E ratio is 15.0x. Spartan Delta Corp. trades at a P/E of 37.2.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Spartan Delta Corp.

Spartan Delta Corp. engages in the exploration, development, and production of crude oil and natural gas properties in Western Canada. Its assets are in Duvernay and Deep Basin in Canada. The company was formerly known as Return Energy Inc. and changed its name to Spartan Delta Corp. in May 2020. Spartan Delta Corp. was incorporated in 2006 and is headquartered in Calgary, Canada.

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