RY 174.39 2.4016% SHOP 149.115 2.5974% TD-PFM 24.63 -0.0811% TD-PFL 24.7 0.2028% TD 78.325 0.1214% ENB 60.6 1.3039% BN 80.4 1.9787% TRI 226.27 0.7525% CNQ 48.285 2.2771% CP 104.53 1.6038% CNR 151.74 1.5459% BMO 132.69 0.9203% BNS 78.845 0.1715% CSU 4600.2002 2.157% CM 91.15 0.474% MFC 45.79 1.6878% ATD 78.38 1.5285% NGT 60.14 0.0499% TRP 70.15 1.977% SU 57.44 0.5954%
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Spartan Delta Corp (TSX: SDE) Aims for 39,500-41,500 BoE/d Average Production in FY24
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Highlights
Spartan Delta Corp. (TSX: SDE) is an oil and gas firm. It has built a portfolio of high-quality production and development prospects in the Alberta Deep Basin. It has a market capitalization of CAD 710.12mn.
In the first quarter of 2024, Q1 2024, SDE’s oil and gas sales decreased to CAD 84.1mn against CAD 316.2mn in pcp, marking a decline of 73.4%. It was mainly due to diminished volumes and tempering commodity prices. Earnings before taxes stood lower at CAD 14.9mn against CAD 115.0mn in pcp, partially supported by other income. Overall, the company’s net earnings declined by around 87% in the quarter.
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