Spartan Delta Corp T.SDE

Alternate Symbol(s): DALXF

Energy Advertising Agencies Oil & Gas E&P

Spartan Delta Corp. is a Canada-based energy company. The Company is engaged in exploration, development and production of crude oil and natural gas properties in western Canada. The Company is focused on acquiring a diversified portfolio of assets. It has a portfolio of production and development opportunities in the Deep Basin of Alberta. It is focused on the execution of the Company's organic drilling program, delivering operational synergies.

TSX:SDE - Post by User

Spartan Delta Corp > National Bank

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Comment by Bamsmbaon Apr 16, 2022 2:47am

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Post# 34607251

RE:National Bank

Hi Retiredcf,

First of all thank you for all your helpful posts. These are one of my 'must reads' every day.

Second, did the analyst explain the reasons for the drop? I suppose for some of the heavily oil weighted names like SU... especially since their nat gas costs are risiing... MIGHT lead to a small reduction with oil prices moderating, but $7 US gas and Tourmaline drops??? With every 10 cent rise in the price of gas, free cash flow rises $60M... so two bucks = $1.2 billion MORE in FCF...

Other folks? Any thoughts on this?

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