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Bullboard - Stock Discussion Forum 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... see more

TSX:SDE - Post Discussion

Spartan Delta Corp > TD
View:
Post by retiredcf on Nov 29, 2023 8:54am

TD

Despite lowering their target to $5.00, they conclude by stating:  "With strong FCF generation and negligible debt, Spartan offers underappreciated optionality to equity holders. Spartan is trading at a material discount to Deep Basin peers and recent transactions."
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