Spartan Delta (TSE:SDE) Given New C$15.00 Price Target at Ventum Capital

Spartan Delta (TSE:SDE) had its price objective boosted by Ventum Capital from C$14.50 to C$15.00 in a research note released on Wednesday morning,BayStreet.CA reports. Ventum Capital currently has a buy rating on the stock.

Other analysts have also recently issued reports about the stock. TD increased their price objective on shares of Spartan Delta from C$14.00 to C$16.00 and gave the stock a “buy” rating in a research note on Wednesday. BMO Capital Markets raised their target price on shares of Spartan Delta from C$13.50 to C$16.00 and gave the company an “outperform” rating in a research note on Wednesday. Roth Mkm set a C$13.50 target price on shares of Spartan Delta and gave the company a “buy” rating in a research note on Wednesday, March 4th. Ventum Financial lifted their price objective on shares of Spartan Delta from C$10.50 to C$12.25 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Finally, Desjardins lifted their price objective on shares of Spartan Delta from C$9.50 to C$11.00 and gave the stock a “hold” rating in a research note on Tuesday, February 24th. Nine investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$13.52.

Spartan Delta Stock Down 3.5%

SDE opened at C$13.08 on Wednesday. The company has a current ratio of 0.87, a quick ratio of 0.66 and a debt-to-equity ratio of 29.03. Spartan Delta has a 1-year low of C$2.61 and a 1-year high of C$14.00. The company has a market capitalization of C$2.65 billion, a PE ratio of 37.37 and a beta of 0.05. The firm’s 50 day simple moving average is C$11.91 and its two-hundred day simple moving average is C$9.19.

Spartan Delta (TSE:SDE) last released its quarterly earnings results on Tuesday, May 5th. The company reported C($0.07) earnings per share for the quarter. Spartan Delta had a return on equity of 11.57% and a net margin of 17.79%.The business had revenue of C$136.90 million during the quarter. As a group, equities analysts forecast that Spartan Delta will post 0.305004 EPS for the current year.

Spartan Delta News Roundup

Here are the key news stories impacting Spartan Delta this week:

• Positive Sentiment: BMO Capital Markets raised its price target to C$16.00 and moved to an “outperform” rating, implying ~21.6% upside from the then-current price. BMO Upgrade
• Positive Sentiment: TD raised its target to C$16.00 and reiterated a “buy” rating, also implying ~21.6% upside. TD Upgrade
• Positive Sentiment: ATB Cormark upgraded SDE from “sector perform” to “outperform” and lifted its target to C$17.00 (≈28.6% upside). ATB Cormark Upgrade
• Positive Sentiment: Ventum Capital raised its target to C$15.00 and kept a “buy” rating (≈14% upside implied). Ventum Capital Raise
• Positive Sentiment: National Bank Financial increased its target to C$16.00 and moved to “outperform” — another bullish signal; coverage was also noted on TickerReport. National Bank Upgrade (BayStreet) National Bank Coverage (TickerReport)
• Positive Sentiment: Spartan Delta issued its Q1 2026 results and announced increased 2026 guidance and an increase to its credit facility — developments that typically support higher valuations. Q1 Release (Yahoo)
• Neutral Sentiment: The company reported C($0.07) EPS for the quarter on C$136.9M revenue; profitability metrics cited were mixed (positive net margin cited in coverage), so the near-term reaction may be muted as investors digest the loss-per-share vs. upgraded outlook. Quarterly Results (Press Release)

Spartan Delta Company Profile

Spartan is committed to creating value for its shareholders, focused on sustainability in both operations and financial performance. The Company’s culture is centered on generating Free Funds Flow through responsible oil and gas exploration and development. The Company has established a portfolio of high-quality production and development opportunities in the Deep Basin and the Duvernay. Spartan will continue to focus on the execution of the Company’s organic drilling program across its portfolio, delivering operational synergies in a respectful and responsible manner in relation to the environment and communities it operates in.