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Complete financial analysis of Spartan Delta Corp. (DALXF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Spartan Delta Corp., a leading company in the Oil & Gas Exploration & Production industry within the Energy sector.
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Spartan Delta Corp. (DALXF)
About Spartan Delta Corp.
Spartan Delta Corp. engages in the exploration, development, and production of petroleum and natural gas properties in the Western Canada. It also owns and operates oil and gas properties in Alberta, Saskatchewan, and British Columbia. As of December 31, 2021, company owned total proved plus probable reserves of 545,734 thousand barrels of oil equivalent. The company was formerly known as Return Energy Inc. and changed its name to Spartan Delta Corp. in May 2020. Spartan Delta Corp. was incorporated in 2006 and is headquartered in Calgary, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 592.80M | 1.48B | 618.84M | 99.71M | 1.65M | 2.03M | 2.24M | 529.37K | 38.73K | 1.03M | 2.59M | 2.43M | 3.13M | 3.05M | 1.74M | 3.47M | 302.42K | 277.30K |
| Cost of Revenue | 183.18M | 371.01M | 169.53M | 36.01M | 2.29M | 1.68M | 1.22M | 207.81K | 10.87K | 406.70K | 1.40M | 1.06M | 1.33M | 1.01M | 631.22K | 240.25K | 14.82K | 0.00 |
| Gross Profit | 409.61M | 1.10B | 449.31M | 63.70M | -643.24K | 353.05K | 1.02M | 321.56K | 27.86K | 621.72K | 1.19M | 1.37M | 1.79M | 2.04M | 1.11M | 3.23M | 287.61K | 277.30K |
| Gross Profit Ratio | 69.10% | 74.85% | 72.61% | 63.89% | -39.00% | 17.36% | 45.47% | 60.74% | 71.93% | 60.45% | 45.96% | 56.37% | 57.35% | 66.85% | 63.71% | 93.08% | 95.10% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 20.18M | 112.48M | 62.34M | 18.48M | 1.24M | 1.68M | 1.17M | 519.47K | 594.22K | 1.09M | 1.27M | 1.42M | 1.33M | 1.17M | 1.01M | 1.01M | 0.00 | 0.00 |
| Selling & Marketing | 50.88M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 71.06M | 112.48M | 62.34M | 18.48M | 1.24M | 1.68M | 1.17M | 519.47K | 594.22K | 1.09M | 1.27M | 1.42M | 1.33M | 1.17M | 1.01M | 1.01M | 1.22M | 490.30K |
| Other Expenses | 0.00 | 20.31M | 7.25M | 203.00K | 2.00M | -150.00K | -130.49K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -112.75K | -340.35K | 448.87K | 0.00 | 0.00 |
| Operating Expenses | 71.06M | 349.25M | 179.67M | 66.77M | 3.38M | 3.86M | 3.79M | 1.04M | 634.86K | 1.66M | 2.04M | 2.02M | 1.89M | 3.13M | 10.61M | 10.08M | 1.28M | 496.65K |
| Cost & Expenses | 254.24M | 720.26M | 349.19M | 102.78M | 5.68M | 5.54M | 5.01M | 1.25M | 645.73K | 2.07M | 3.44M | 3.08M | 3.23M | 4.14M | 11.24M | 10.32M | 1.29M | 496.65K |
| Interest Income | 23.72M | 741.00K | 405.00K | 94.00K | 0.00 | 0.00 | 0.00 | 34.33K | 287.00 | 12.11K | 9.58K | 20.05K | 28.84K | 2.45K | 20.80K | 164.21K | 0.00 | 0.00 |
| Interest Expense | 40.00M | 28.83M | 13.59M | 3.01M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 345.76K | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 148.67M | 214.64M | 105.20M | 27.84M | 1.56M | 1.83M | 1.18M | 192.49K | 7.41K | 221.05K | 884.64K | 671.74K | 573.52K | 1.96M | 9.60M | 8.22M | 60.49K | 6.34K |
| EBITDA | 362.29M | 943.02M | 380.19M | 24.37M | -1.76M | -1.68M | -1.62M | -503.14K | -497.21K | -897.35K | 33.12K | 17.93K | 434.28K | 755.48K | 853.44K | 787.52K | -930.58K | -213.00K |
| EBITDA Ratio | 61.12% | 66.91% | 61.44% | 24.44% | -106.84% | -107.16% | -95.16% | -107.93% | -1,349.74% | 399.31% | 52.20% | -1.52% | 14.24% | 24.78% | -14.20% | 22.68% | -307.71% | -76.81% |
| Operating Income | 338.56M | 775.93M | 277.30M | -2.77M | -4.05M | -3.86M | -3.18M | -752.66K | -530.12K | 3.89M | 467.17K | -708.60K | -127.90K | -1.21M | -9.84M | -7.44M | -991.07K | -219.35K |
| Operating Income Ratio | 57.11% | 52.60% | 44.81% | -2.77% | -245.85% | -189.80% | -141.97% | -142.18% | -1,368.87% | 377.81% | 18.04% | -29.21% | -4.09% | -39.63% | -565.88% | -214.20% | -327.71% | -79.10% |
| Total Other Income/Expenses | 412.74M | -250.82M | -14.86M | 4.15M | -377.00K | 352.06K | 411.11K | 33.87K | -3.75K | -4.87M | -1.31M | 74.84K | 54.95K | -3.05M | 414.26K | 1.04M | -168.71K | 46.42K |
| Income Before Tax | 751.30M | 710.03M | 356.53M | 41.04M | -2.00M | -3.16M | -2.36M | -650.59K | -683.59K | -5.96M | -2.16M | -578.98K | -72.95K | -1.21M | -9.09M | -5.81M | -1.16M | -172.92K |
| Income Before Tax Ratio | 126.74% | 48.13% | 57.61% | 41.16% | -121.14% | -155.18% | -105.25% | -122.90% | -1,765.15% | -579.38% | -83.43% | -23.87% | -2.33% | -39.63% | -522.49% | -167.21% | -383.50% | -62.36% |
| Income Tax Expense | 88.19M | 28.94M | 22.31M | -6.63M | -28.27K | -352.06K | -108.00K | -327.47K | 74.32K | 42.33K | 58.15K | 62.84K | 46.30K | 49.64K | 6.73K | 27.35K | 17.60K | 16.74K |
| Net Income | 663.11M | 681.09M | 334.22M | 47.66M | -2.00M | -3.16M | -2.25M | -391.32K | -681.32K | -6.00M | -2.22M | -448.60K | -119.25K | -2.80M | -9.09M | -5.83M | -1.18M | -189.66K |
| Net Income Ratio | 111.86% | 46.17% | 54.01% | 47.80% | -121.14% | -155.18% | -100.43% | -73.92% | -1,759.29% | -583.50% | -85.67% | -18.50% | -3.81% | -91.81% | -522.88% | -167.99% | -389.32% | -68.40% |
| EPS | 3.82 | 4.36 | 2.89 | 1.06 | -1.00 | -2.85 | -5.63 | -2.77 | -5.97 | -53.61 | -22.80 | -5.22 | -1.39 | -32.62 | -130.00 | -90.00 | -18.18 | -4.31 |
| EPS Diluted | 3.82 | 3.88 | 2.50 | 0.86 | -1.00 | -2.85 | -5.63 | -2.77 | -5.97 | -53.61 | -22.80 | -5.22 | -1.39 | -32.62 | -130.00 | -90.00 | -18.18 | -4.31 |
| Weighted Avg Shares Out | 173.59M | 156.14M | 115.56M | 44.85M | 2.00M | 1.11M | 399.70K | 141.17K | 114.04K | 111.94K | 97.30K | 85.86K | 85.82K | 85.82K | 69.96K | 64.81K | 64.77K | 44.04K |
| Weighted Avg Shares Out (Dil) | 173.49M | 175.48M | 133.46M | 55.40M | 2.00M | 1.11M | 399.70K | 141.17K | 114.04K | 111.94K | 97.30K | 85.86K | 85.82K | 85.82K | 69.96K | 64.81K | 64.77K | 44.04K |
Exchange Income Corporation Completes Acquisition of Spartan Mat, LLC and Spartan Composites, LLC
WINNIPEG, Manitoba--(BUSINESS WIRE)--Exchange Income Corporation (TSX: EIF) (“EIC” or the “Corporation”), a diversified, acquisition-oriented company focused on opportunities in the Aerospace & Aviation and Manufacturing segments, announced today it has successfully closed its acquisition of Spartan Mat, LLC (“Spartan Mat”)...
Spartan Delta: A Growth Thesis Proven By Actual Production
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The New Spartan Delta Corp.
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Logan Energy was spun off from Spartan Delta and will have a management team with a strong track record. The company raised a significant amount of cash to more than double its production from the initial production to the end...
Spartan Delta: Starting Over Again
Spartan Delta issued a big dividend last year, effectively ending their main project and marking a successful end to a profitable venture. Investors now have the choice of investing in Crescent Point Energy, the company that purchased Spartan Delta's properties,...
Spartan Delta: One Of The Best Growth Stories You Probably Have Not Heard Of
Spartan Delta operates in the low cost Duvernay basin that is shallower than most other US basins. DALXF has acquired 130,000 acres that are located in a liquids-rich window of the Duvernay basin. Transitioning the company's production profile from predominantly...
Spartan Delta: FCF Positive In Current Gas Price Environment, Provides Excellent Torque
Spartan Delta's Q3 results were impacted by weak natural gas prices, but the company still reported a net profit of C$9M. The company announced an acquisition and provided guidance for 2024, projecting production growth and positive free cash flow. Despite...
Spartan Delta: Evaluating The Deal
Spartan Delta announced a significant sale, allowing the company to issue a special dividend and split into two smaller companies. Shareholders have the option to invest the money received back into the remaining companies or do something else. Crescent Point...
Spartan Delta: Payday Imminent After Closing C$1.7B Asset Sale
Spartan Delta has sold assets to the tune of C$1.7B and will pay its shareholders C$9.5/share in cash as a capital repayment and special dividend. Additionally, it will spin out an asset with a current production of 4,500 boe/day.
Small-Cap Energy Producers Ranked By Quality
Forty-nine small-cap energy producers are ranked on relative quality using a matrix with factors including, valuation, profitability, FCF, and debt. The quality matrix is a broad effort to identify those small-cap producers that are likely to be amongst the best...
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