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Spartan Delta Posts Lower Q3 Net Income YoY, Provides 2027 Production Guidance

Spartan Delta Posts Lower Q3 Net Income YoY, Provides 2027 Production Guidance

MT newswireMT newswire2026/11/04 09:39
05:39 AM EST, 11/04/2026 (MT Newswires) -- Spartan Delta (SDE.TO) on Tuesday reported Q3 net income and comprehensive income of CA$0.02 per share, down from CA$0.03 per share. Analysts polled by FactSet expected a loss of CA$0.01, with three analysts reporting. Oil and gas sales were CA$202.6 million, an increase from CA$82.7 million. Average daily production was 53,448 barrels of oil equivalent per day, up from 43,193 BOE/d. Spartan Delta provided 2027 average production guidance of 62,000 to 66,000 BOE/d. This compares to 2026 guidance of 53,500 to 54,500 BOE/d.
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