Professional
Added to YB: 2024-02-15
Pitch date: 2024-02-12
SDE.TO [bullish]
Spartan Delta Corp.
+153.18%
current return
Author Info
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Company Info
Spartan Delta Corp. engages in the exploration, development, and production of oil and natural gas reserves in the Western Canada.
Market Cap
CAD 745.0M
Pitch Price
CAD 2.99
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.74
P/E
18.70
EV/Sales
3.12
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
Show full summary:
Horos Asset Management Portfolio Holding - Spartan Delta
$SDE faces pressure from low natgas prices due to oversupply. Expects improvement in 2025 as new LNG export facilities meet EU/Asia demand. Mgmt optimizing Deep Basin assets, consolidating region & acquiring undervalued New Duvernay oil assets. Good time to invest in this cash-generating co.
Read full article (1 min)