Ventum Cap Mkts Predicts Stronger Earnings for Spartan Delta

Key Points

• Ventum Capital Markets has raised its earnings per share (EPS) estimate for Spartan Delta's Q2 2025 from $0.02 to $0.22, demonstrating a positive outlook for the company's financial performance.
• CIBC has lowered its price target for Spartan Delta from C$7.00 to C$5.00, yet the stock still holds a consensus rating of "Strong Buy" with an average target price of C$5.63.
• Spartan Delta's shares opened at C$4.68, reflecting a 1.9% decrease, while the company maintains a significant market capitalization of C$937.29 million.

Spartan Delta Corp. (TSE:SDE - Free Report) - Analysts at Ventum Cap Mkts lifted their Q2 2025 earnings estimates for shares of Spartan Delta in a note issued to investors on Tuesday, July 29th. Ventum Cap Mkts analyst A. Gill now anticipates that the company will post earnings per share of $0.22 for the quarter, up from their previous forecast of $0.02. The consensus estimate for Spartan Delta's current full-year earnings is $0.31 per share. Ventum Cap Mkts also issued estimates for Spartan Delta's Q3 2025 earnings at ($0.01) EPS, FY2025 earnings at $0.30 EPS, Q1 2026 earnings at $0.15 EPS, Q2 2026 earnings at $0.10 EPS and Q4 2026 earnings at $0.19 EPS.

Separately, CIBC decreased their price target on shares of Spartan Delta from C$7.00 to C$5.00 in a research note on Thursday, April 10th. Two equities research analysts have rated the stock with a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Strong Buy" and a consensus target price of C$5.63.

Spartan Delta Stock Down 2.4%

Shares of SDE traded down C$0.11 during mid-day trading on Friday, hitting C$4.57. 263,542 shares of the company's stock were exchanged, compared to its average volume of 388,214. The company has a market cap of C$915.26 million, a PE ratio of 5.70 and a beta of 1.49. Spartan Delta has a 52 week low of C$2.39 and a 52 week high of C$4.85. The company has a 50-day simple moving average of C$3.95 and a 200 day simple moving average of C$3.47. The company has a debt-to-equity ratio of 28.49, a current ratio of 0.80 and a quick ratio of 0.66.

About Spartan Delta

Spartan Delta Corp is an oil and gas exploration and production company. It is engaged in the exploration, development, and production of petroleum and natural gas properties in Alberta. The company operates and focuses its activities on Peace River Arch and Central Alberta.