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Bullboard - Stock Discussion Forum 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... see more

TSX:SDE - Post Discussion

Spartan Delta Corp > house cllean
View:
Post by GREGORY369 on Aug 22, 2023 2:34pm

house cllean

every one good moved on
Comment by Piper2021 on Aug 24, 2023 5:08pm
I am still holding on lol. What a sell off. Hopefully things improve on the share price.
Comment by biker222 on Sep 06, 2023 8:02am
yes, the house cleaning you are referred to was exasperated by the s&P index getting rid of SDE after the distributions. It makes sense, in the sense that its not the representative company once the divestiture and dividend.  I was picking away at this on the weakness, not appreciating the index rebalance and/or major instittions also re balancing.  if so, we need a good qtr 3 and a ...more  
Comment by Piper2021 on Sep 08, 2023 8:14pm
I picked up more shares today and will keep adding. I agree with your analogy and appreciate. Glta
Comment by TouchDown12 on Sep 09, 2023 12:41am
Thanks for raising the divy point. Did i read it correctly that it was there intention to have a .40 cents/year dividend? OR did i misunderstand with all the factors between CPG sale; Logan spin-off and SDE? I would appriciate anyone that comments to set me stragiht. I have been buying back SDE in the 4.50 range (after July Divy) and below. For my own reasons, i sold all my shares before the co ...more  
Comment by biker222 on Sep 10, 2023 12:06pm
i beieve they telegraphed the quarterly dividend with the july distribution. I also believe that  this management team did not special dividend the 9+ dollar out without making sure that they had a well defined plan of replacing production AND ensuring comfortable debt- so that they can start paying distributions....not like the industry which is nearing the ideal net debt level for ...more  
Comment by TouchDown12 on Sep 10, 2023 6:19pm
Thanks Biker! TD12
Comment by ppp on Sep 12, 2023 11:43am
From what i see is they want to pay their debt down H2. Latest presentatation shows that on page 6. I would say they will look at the divy agaian in H1 of 24.
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