Post by
Piper2021 on Jul 25, 2023 5:20pm
Share Price
I am holding on to my shares of Spartan Delta after purchasing for $4.70 Ca post Logan spin off . Someone earlier posted that after Q2 earnings should give the price a boost because of hedging. The share price has been falling since I bought yet other energy companies seem to be rising with commodity price.This is my first time posting on any site and would like honest opinions on the future of the company and share price going forward. I understand that Spartan is smaller now and is a gas liquids play in the Montney deep basin and from what I have read that production is approximately 37,000 a day with very little debt and a good management team. I also own shares in Surge Energy and Inplay oil so I am used to some volatility.
Comment by
TouchDown12 on Jul 27, 2023 2:12pm
I am buying more today in the mid $4.30's. This will do well this winter with the hedge book coming off just as winter HH NG prices start to rise. Plus there is a potential for DIV between now and Dec. I am not saying it will absolutely take off in the next 6 months - but i think it will stablize after Q2 Earnings report next week and will build from there. GLTA TD12