Spartan Energy Corp, formerly Alexander Energy Ltd is a Canada-based oil and natural gas exploration and production company with producing properties focused in Saskatchewan. The Company's properties include Southeast Saskatchewan, West Central Saskatchewan and Alexander Alberta. The Southeast Saskatchewan property focuses on conventional Mississippian targets, primarily in the Frobisher/Alida and Midale formations. The West Central Saskatchewan property consists of approximately 100 net drilling locations in the Dodsland area of Saskatchewan. The Company holds interest in Alexander property, which own three dimensional (3D) seismic and all associated facilities. The Company's subsidiaries include Renegade Petroleum (North Dakota) Ltd. and Petro Uno Resources Ltd.
Industry, Sector and Symbol:
Capitalization:- Market Cap: C$995.91 million
- Outstanding Shares: 526,934,000
Average Prices:- 50 Day Moving Avg: C$2.21
- 200 Day Moving Avg: C$2.67
- 52 Week Range: C$1.84 - C$3.65
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: C$223.99 million
- Price / Sales: 4.45
- Book Value: C$2.56 per share
- Price / Book: 0.74
Profitability:- EBIDTA: C$118.49 million
- Net Margins: 0.28%
- Return on Equity: 0.07%
- Return on Assets: 0.05%
Misc:- Average Volume: 2.56 million shs.
- Short Ratio: 4.47
Frequently Asked Questions for Spartan Energy Corp (TSE:SPE)
What is Spartan Energy Corp's stock symbol?
Spartan Energy Corp trades on the Tornton Stock Exchange (TSX) under the ticker symbol "SPE."
How were Spartan Energy Corp's earnings last quarter?
Spartan Energy Corp (TSE:SPE) announced its quarterly earnings results on Thursday, August, 14th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.03 by $0.02. The company had revenue of $55.06 million for the quarter, compared to the consensus estimate of $45.20 million. Spartan Energy Corp had a return on equity of 0.07% and a net margin of 0.28%. View Spartan Energy Corp's Earnings History.
When will Spartan Energy Corp make its next earnings announcement?
Where is Spartan Energy Corp's stock going? Where will Spartan Energy Corp's stock price be in 2017?
5 equities research analysts have issued 1 year target prices for Spartan Energy Corp's stock. Their forecasts range from C$3.75 to C$4.75. On average, they anticipate Spartan Energy Corp's share price to reach C$4.27 in the next twelve months. View Analyst Ratings for Spartan Energy Corp.
Who are some of Spartan Energy Corp's key competitors?
Some companies that are related to Spartan Energy Corp include Hudson's Bay Co (HBC), Shawcor Ltd (SCL), Raging River Exploration (RRX), NovaGold Resources (NG), Laurentian Bank of Canada (LB), Osisko gold royalties Ltd (OR), First Majestic Silver Corp. (FR), Pacific Exploration And Production Corp (PEN), Richelieu Hardware (RCH), Boralex (BLX), New Gold (NGD), Aritzia (ATZ), Superior Plus Corp. (SPB), Cascades (CAS), Kinder Morgan Canada Ltd (KML), First National Financial Corp (FN), Innergex Renewable Energy (INE) and Mullen Group Ltd (MTL).
Who are Spartan Energy Corp's key executives?
Spartan Energy Corp's management team includes the folowing people:
- Michael J. Stark, Chairman of the Board
- Richard F. McHardy, President, Chief Executive Officer, Director
- Adam MacDonald, Chief Financial Officer
- Fotis Kalantzis, Senior Vice President - Exploration
- Albert J. Stark, Senior Vice President - Operations
- Eddie Wong, Senior Vice President - Engineering
- Randy Berg, Vice President - Land
- Thomas Boreen, Vice President - Geology
- Sanjib Gill, Corporate Secretary
- Donald Foster Archibald, Independent Director
How do I buy Spartan Energy Corp stock?
Shares of Spartan Energy Corp and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Spartan Energy Corp's stock price today?
One share of Spartan Energy Corp stock can currently be purchased for approximately C$1.89.
MarketBeat Community Rating for Spartan Energy Corp (TSE SPE)MarketBeat's community ratings are surveys of what our community members think about Spartan Energy Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Spartan Energy Corp (TSE:SPE) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 5 Buy Ratings |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | C$4.27 |
Analysts' Ratings History for Spartan Energy Corp (TSE:SPE)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 6/7/2017 | Raymond James Financial, Inc. | Reiterated Rating | Outperform | C$3.75 |  |
| 4/5/2017 | Scotiabank | Reiterated Rating | Outperform | C$4.25 | |
| 2/15/2017 | TD Securities | Reiterated Rating | Buy | C$4.75 | |
| 12/21/2016 | Desjardins | Boost Price Target | | C$4.25 -> C$4.75 | |
| 12/9/2016 | BMO Capital Markets | Boost Price Target | | C$4.00 -> C$4.25 | |
| 8/24/2016 | National Bank Financial | Reiterated Rating | Outperform | C$4.00 | |
| 8/24/2016 | Dundee Securities | Boost Price Target | Buy | C$4.00 -> C$4.15 | |
| 6/30/2016 | Paradigm Capital | Boost Price Target | | C$4.00 -> C$4.50 | |
| 6/30/2016 | CIBC | Boost Price Target | | C$3.50 -> C$4.00 | |
| 5/3/2016 | AltaCorp Capital | Reiterated Rating | Outperform | | |
| 10/14/2015 | Salman Partners | Set Price Target | Buy | C$3.20 | |
(Data available from 6/22/2015 forward)
Earnings History for Spartan Energy Corp (TSE:SPE)Earnings History by Quarter for Spartan Energy Corp (TSE SPE)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/9/2017 | | | | | | | | |
| 8/14/2014 | | $0.03 | $0.01 | $45.20 million | $55.06 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Spartan Energy Corp (TSE:SPE)2017 EPS Consensus Estimate: $0.03
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.01 | $0.01 | $0.01 |
| Q2 2017 | 1 | $0.00 | $0.00 | $0.00 |
| Q3 2017 | 1 | $0.00 | $0.00 | $0.00 |
| Q4 2017 | 1 | $0.02 | $0.02 | $0.02 |
(Data provided by Zacks Investment Research)
Dividend History for Spartan Energy Corp (TSE:SPE)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Spartan Energy Corp (TSE:SPE)Insider Trades by Quarter for Spartan Energy Corp (TSE:SPE)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 6/20/2017 | Richard Francis Mchardy | Director | Buy | 10,000 | C$1.90 | C$19,000.00 | |
| 6/9/2017 | Fotis Kalantzis | Insider | Buy | 20,000 | C$2.08 | C$41,600.00 | |
| 5/30/2017 | Fotis Kalantzis | Insider | Buy | 40,000 | C$2.23 | C$89,200.00 | |
| 5/29/2017 | Fotis Kalantzis | Insider | Buy | 40,000 | C$2.23 | C$89,200.00 | |
| 5/26/2017 | Fotis Kalantzis | Insider | Buy | 40,000 | C$2.23 | C$89,200.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Spartan Energy Corp (TSE:SPE)
Latest Headlines for Spartan Energy Corp (TSE:SPE)
| Source: |
|
| Date | Headline |
|---|
 | Insider Buying: Spartan Energy Corp (SPE) Director Buys 10,000 Shares of Stock
www.americanbankingnews.com - June 21 at 4:34 PM |
| Insider Buying: Spartan Energy Corp (SPE) Insider Buys 20,000 Shares of Stock
www.americanbankingnews.com - June 12 at 4:38 PM |
 | Small or Large Energy Stocks: Which Is Better? - The Motley Fool Canada
www.fool.ca - June 10 at 1:13 AM |
| Raymond James Financial, Inc. Analysts Give Spartan Energy Corp (SPE) a C$3.75 Price Target
www.americanbankingnews.com - June 7 at 2:16 PM |
| Spartan Energy Corp (SPE) Insider Fotis Kalantzis Acquires 40,000 Shares
www.americanbankingnews.com - May 30 at 10:21 PM |
| Insider Buying: Spartan Energy Corp (SPE) Insider Acquires 40,000 Shares of Stock
www.americanbankingnews.com - May 30 at 10:21 PM |
| Spartan Energy Corp Forecasted to Post FY2018 Earnings of $0.03 Per Share (SPE)
www.americanbankingnews.com - May 15 at 9:26 AM |
| Cormark Research Analysts Lower Earnings Estimates for Spartan Energy Corp (SPE)
www.americanbankingnews.com - May 15 at 7:14 AM |
| FY2018 Earnings Forecast for Spartan Energy Corp Issued By Cormark (SPE)
www.americanbankingnews.com - May 12 at 5:12 PM |
| FY2017 Earnings Estimate for Spartan Energy Corp Issued By Clarus Securities (SPE)
www.americanbankingnews.com - May 12 at 11:46 AM |
 | BRIEF-Spartan Energy qtrly adjusted funds flow from operations $0.09
www.reuters.com - May 11 at 9:06 PM |
| Is it Time to Buy These 2 Well-Run Energy Stocks? - The Motley Fool Canada
www.fool.ca - May 3 at 6:07 PM |
 | Research Reports Initiated on Energy Stocks: Spartan Energy, Kelt Exploration, Pengrowth Energy, and Surge Energy
finance.yahoo.com - May 3 at 10:42 AM |
| Spartan Energy Corp. Announces First Quarter Operations Update and Provides Updated Corporate Presentation
finance.yahoo.com - April 7 at 12:42 PM |
| Spartan Energy Corp. breached its 50 day moving average in a Bullish Manner : SPE-CA : April 6, 2017
finance.yahoo.com - April 7 at 12:42 PM |
| Spartan Energy Corp (SPE) Stock Rating Reaffirmed by Scotiabank
www.americanbankingnews.com - April 5 at 7:57 PM |
| Spartan Energy Corp's (SPE) Outperform Rating Reaffirmed at Scotiabank
www.americanbankingnews.com - April 3 at 8:56 AM |
| Spartan Energy Corp (SPE) PT Set at C$4.25 by Scotiabank
www.americanbankingnews.com - March 28 at 2:28 PM |
| These 3 Canadian Oil Stocks Are Now Hugely Undervalued
www.fool.ca - March 17 at 7:58 PM |
| Spartan Energy Corp. Reports Significant Increase to Per Share Reserves
finance.yahoo.com - February 15 at 6:07 AM |
| A Top Energy Stock With up to 58% Upside Potential - The Motley Fool Canada
www.fool.ca - February 2 at 3:38 AM |
 | Spartan Energy Breaks Below 200-Day Moving Average - Notable for SPE - Nasdaq
www.nasdaq.com - January 9 at 11:12 PM |
 | Research Reports Initiated on Energy Stocks Canadian Natural Resources, Birchcliff Energy, Niko Resources, and Spartan Energy
www.baystreet.ca - December 27 at 9:04 AM |
Spartan Energy Corp (SPE) Chart for Thursday, June, 22, 2017
