Spartan Delta Corp. (TSE:SDE – Get Rating) – Analysts at Stifel Firstegy lifted their FY2022 earnings per share estimates for Spartan Delta in a report issued on Thursday, May 19th. Stifel Firstegy analyst C. Kwong now forecasts that the company will earn $2.92 per share for the year, up from their previous forecast of $2.91.
Spartan Delta (TSE:SDE – Get Rating) last released its quarterly earnings results on Tuesday, March 8th. The company reported C$0.76 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.38 by C$0.38. The firm had revenue of C$296.43 million during the quarter.
SDE stock opened at C$13.79 on Monday. The stock has a 50 day moving average of C$10.80. The firm has a market cap of C$2.14 billion and a PE ratio of 6.40. The company has a quick ratio of 0.46, a current ratio of 0.54 and a debt-to-equity ratio of 43.02. Spartan Delta has a 52 week low of C$3.92 and a 52 week high of C$13.96.
In other Spartan Delta news, Director Donald Archibald bought 16,666 shares of the stock in a transaction on Thursday, April 14th. The shares were bought at an average price of C$3.00 per share, with a total value of C$49,998.00. Following the purchase, the director now directly owns 1,063,234 shares in the company, valued at approximately C$3,189,702. Also, Director Fotis Kalantzis sold 54,400 shares of Spartan Delta stock in a transaction on Friday, May 13th. The stock was sold at an average price of C$12.39, for a total transaction of C$673,874.56. Following the sale, the director now directly owns 1,123,134 shares in the company, valued at approximately C$13,912,710.11.
Spartan Delta Company Profile (Get Rating)
Spartan Delta Corp. engages in the exploration, development, and production of petroleum and natural gas properties in the Western Canada. It also owns and operates oil and gas properties in Alberta, Saskatchewan, and British Columbia. As of December 31, 2021, company owned total proved plus probable reserves of 545,734 thousand barrels of oil equivalent.
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