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home / news releases / DALXF - Spartan Delta GAAP EPS of C$0.36 revenue of C$322.42M

DALXF - Spartan Delta GAAP EPS of C$0.36 revenue of C$322.42M

Return Energy
Spartan Delta press release (OTC:DALXF): Q1 GAAP EPS of C$0.36. Revenue of C$322.42M (+365.3% Y/Y). Spartan's average Q1 2022 production volumes grew to 72,588 BOE/d, up 127% compared to 31,914 BOE/d in Q1 2021 and in line with Q4 2021; liquids increased to 37% in Q1 2022 from 28% in Q1 2021. The Company's Q1 2022 Operating Netback averaged $33.73 per BOE before hedging ($26.94 per BOE after hedging), up 12% from Q4 2021. Spartan achieved record Adjusted Funds Flow of C$160M (C$0.92 per share, diluted), an increase of 17% compared to C$137M in Q4 2021.

For further details see:

Spartan Delta GAAP EPS of C$0.36, revenue of C$322.42M
Stock Information
Company Name: Return Energy
Stock Symbol: DALXF
Market: OTC
Website: spartandeltacorp.com
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