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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.

Last Updated: October 21, 2026

SDE.TO

CA$14.59

+CA$0.46 (+3.26%)

Oct 21, 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 Oct 21, 2026
Trading
Open
CA$14.08
Previous Close
CA$14.13
Day's Range
13.98–14.63
52-Week Range
5.33–14.81
Volume
514.72K
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.
0.77
Valuation
Market Cap
CA$2.99B
P/E Ratio
41.69
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
14.10
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
5.85
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
+174.76%
Dividend and dates
Earnings Date
November 3, 2026estimated
Avg Volume
677.43K

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

Key facts

As of October 21, 2026, SDE.TO closed at CA$14.59, +174.76% over 1 year.

Spartan Delta Corp. (SDE.TO) has a market capitalization of CA$2.99B.

In fiscal 2025, SDE.TO reported revenue of CA$414.33M.

SDE.TO Stock Return by Calendar Year

Spartan Delta Corp. (SDE.TO) 10-year return: what CA$10,000 became

1 year
CA$10,000 CA$27,476
+174.76%
5 years
CA$10,000 CA$70,647
+606.47%
10 years
CA$10,000 CA$21,017
+110.17%

If you had invested CA$10,000 in Spartan Delta Corp. (SDE.TO) 10 years ago, at the close on October 21, 2016, it would have been worth CA$21,017 at the close on October 21, 2026: +110.17% in total, +7.71% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

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

YearReturn
2026 (partial year)+101.24%
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 October 21, 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 Dividend History

CA$9.60+1,820.0% vs 2022

Dividends per share, 2023 · 2 payments

YearDividends per sharePaymentsChange
2023CA$9.602+1,820.0%
2022CA$0.501—

Most recent payment: CA$4.80 per share, ex-dividend July 13, 2023. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

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

Median of 116 stocks
MetricSDE.TOOil & Gas E&P medianvs median
P/E41.6914.65185% above
P/S ratio5.852.41143% above
Profit margin13.77%12.09%1.7 pts above

Medians across 116 Oil & Gas E&P stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

Spartan Delta Corp. (SDE.TO) is capitalised at CA$2.99B 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$14.59, dated October 21, 2026. That is +CA$0.46 (+3.26%) against the previous close. Over the past 52 weeks the price has ranged from CA$5.33 to CA$14.81. The latest close sits 173.73% 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 1.7 percentage points above the Oil & Gas E&P median of 12.09%. 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 41.69. That is 184.57% above the Oil & Gas E&P median of 14.65. On forward earnings the ratio is 14.1. Measured against sales, the shares trade at 5.85 times revenue. On price-to-sales that is 142.81% above the Oil & Gas E&P median of 2.41. 116 Oil & Gas E&P companies report these metrics, and the medians quoted come from that group.

The reported beta is 0.77. Annualized volatility over the trailing 10 years is 112.68%. The trailing one-year total return is +174.76%. Across 10 years the annualized return works out at +7.71%.

Growth & Income

The latest dividend on file for SDE.TO dates from 2023. Dividends are recorded for 2 calendar years; 2023 shows 2 payments totalling CA$9.60 a share. The year before, 2022, totalled CA$0.50 a share.

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 total return is +101.24% 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$2.99B 41.7
ConocoPhillips COP $175.00B 19.3
Canadian Natural Resources Limited CNQ $111.69B 13.3
EOG Resources, Inc. EOG $82.81B 12.3

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Oil & Gas E&P industry average P/E ratio is 14.6x. Spartan Delta Corp. trades at a P/E of 41.7.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 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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