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Spartan Delta Corp T.SDE

Alternate Symbol(s):  DALXF

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 has a portfolio of production and development opportunities in the Deep Basin and the Duvernay. It is focused on the execution of the Company’s organic drilling program in the Deep Basin, delivering operational synergies. It is also focused on growing and developing its Duvernay asset.


TSX:SDE - Post by User

Comment by fauxtomatoon Nov 20, 2021 3:04pm
185 Views
Post# 34149655

RE:RE:I trade 13 dollar target

RE:RE:I trade 13 dollar target>>This is my largest holding by far.  

Ha! Me too, about twice the size of TOU, my next largest holding. The combination of fully funded organic growth and FCF generation is attractive, as is their production mix, lack of hedges (ex-Velvet) and well charted plan. Hope we don't get derailed by another large acquisition: the Velvet acquisition raised the ceiling on where SDE can go, but kicked out the timeline to 2023. Need prices to hang out here until then.
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