Saturn Oil Gas Stock Price, News & Analysis

Saturn Oil & Gas reported strong Q1 2025 results with record production of 41,680 boe/d, exceeding guidance by 3%. The company achieved Adjusted Funds Flow of $131.1 million ($0.66/share) and Free Funds Flow of $57.8 million ($0.29/share). Financial highlights include net debt reduction of $46.3 million to $813.9 million and liquidity of approximately $230 million. New wells outperformed type curve by 20%, while the company completed 33 gross wells. Post-quarter, Saturn repurchased US$15 million of Senior Notes below par, reducing the balance to US$586 million. The company returned $5.8 million to shareholders through share buybacks in Q1, with total returns reaching $17.7 million since August 2024. For Q2 2025, Saturn expects production between 39,000-40,000 boe/d with capital expenditures of $15-20 million.

Saturn Oil & Gas (TSX: SOIL) (OTCQX: OILSF), a light oil-weighted producer focused on Saskatchewan and Alberta assets, has scheduled the release of its Q1 2025 financial results for Wednesday, May 7, 2025, after market close.

The company will host a conference call and webcast on Thursday, May 8, 2025, at 8:00 am MT (10:00 am ET). The event will feature Saturn's leadership team presenting an overview of Q1 2025 results, followed by a Q&A session. Investors, analysts, brokers, and media can access the call through:

• North America Toll-Free: 1-833-752-3741
• International: 1-647-846-8678
• Webcast: https://www.gowebcasting.com/14024

An audio replay will be available one hour post-call and remain accessible for 12 months via the webcast link and Saturn's website.

Saturn Oil & Gas Inc. (OILSF) reports strong Q1/25 performance with production exceeding 41,600 boe/d, surpassing quarterly guidance of 39,500-40,500 boe/d. The company's capital program of $73 million resulted in drilling 33 gross wells, achieving 20% above internal type curves performance.

Key highlights include:

• Repurchased US$15 million of senior notes below par value, reducing outstanding balance to US$586 million
• Continued share buybacks with 3.4 million shares repurchased in 2025, totaling 7.9 million shares since August 2024
• Record IP30 production of 340 bbls/d from the 11-04 Frobisher Mississippian well
• Implementation of waterflood projects with three Torquay producers converted to injectors
• Recognized by Financial Times as fastest-growing energy company across Americas

The company maintains a robust hedging strategy with 50-60% of PDP barrels hedged over 12 months and secured collars on 5,000 bbl/d at C$100-110/bbl floor-ceiling for 2025.

Saturn Oil & Gas Inc. (OILSF) reported strong Q4 and full-year 2024 results, achieving record production of 41,051 boe/d in Q4 (82% oil and liquids) and exit volumes of 41,908 boe/d. The company generated Adjusted Funds Flow of $380.1 million ($2.10/share) in 2024 and $129.2 million ($0.64/share) in Q4.

Key financial highlights include $133.8 million in free funds flow for 2024, representing a 39% yield. Operating costs improved to $18.35 per boe in Q4. The company invested $246.3 million in capital expenditures during 2024, drilling 97 wells.

Notable achievements include:

• Net debt of $860.2 million at year-end 2024
• Repurchased 6.7 million shares through NCIB program
• 42% increase in Proved Developed Producing reserves to 86.7 million boe
• Net Asset Value of $5.56/share on proved developed producing reserves

Saturn Oil & Gas (TSX: SOIL) (OTCQX: OILSF), a light oil-weighted producer in Saskatchewan and Alberta, has announced it will release its Q4 and full year 2024 financial results along with the year-end 2024 independent reserves evaluation on Thursday, March 13, 2025 after market close.

The company will host a conference call and webcast on Friday, March 14, 2025, at 8:00 a.m. MT (10:00 a.m. ET) featuring Saturn's leadership team discussing the annual results and reserves, followed by a Q&A session. The webcast will be available for replay for 12 months after the event.

Saturn Oil & Gas reported Q4/24 production exceeding 41,000 boe/d, surpassing their previous guidance of 39,000-40,000 boe/d. The company completed 33 gross wells in Q4/24, with new wells performing above internal type curve estimates. The success was attributed to strong drilling programs in Flat Lake and Battrum fields, along with improvements across development areas acquired through the Ridgeback Resources transaction.

The company accelerated some Q1/25 development capital into Q4/24, increasing Q4/24 capital expenditures by $5-7 million above the previously guided $90-95 million. Notable achievements include successful drilling of their first six-leg horizontal Spearfish well and strong performance in the Viewfield Bakken wells, exceeding type curve estimates by 20%.

Saturn continues its share buyback program, having purchased approximately 5.5 million shares through January. Insiders acquired about 440,000 shares in December 2024 and January 2025, investing nearly $1 million.

Saturn Oil & Gas (TSX: SOIL) (OTCQX: OILSF) has completed two significant corporate restructuring moves effective January 2025. First, the company executed a vertical short-form amalgamation with its wholly-owned subsidiary, Saturn Holdings SK on January 1. Second, on January 3, the company completed its continuance from Saskatchewan to Alberta jurisdiction, which was previously approved by shareholders with 94.94% support in May 2024.

These corporate actions aim to streamline operations and reduce expenses. The amalgamation consolidates Saturn's asset base and development activities under one corporate entity, while the continuance to Alberta aligns with the company's Calgary head office location and management presence. No action is required from existing shareholders, and share certificates remain unaffected by these changes.

Saturn Oil & Gas has announced its 2025 capital budget of $300-320 million, targeting stable production of 38,000-40,000 boe/d with 85% liquids. The company plans to drill 120 net wells in 2025, with over 70% of the budget deployed in H2 2025. Key financial projections include Adjusted EBITDA of $525-575 million and Free Funds Flow of $125-165 million.

The three-year outlook (2025-2027) aims to maintain production levels while generating $450-475 million in free funds flow and reducing net debt by over 40%. The company plans to invest in Southeast Saskatchewan (62%), West Saskatchewan (17%), and Central Alberta (21%), focusing on Bakken, Viking, and Cardium formations.

Saturn Oil & Gas reported record Q3 2024 results with production averaging 39,049 boe/d, up 30% from Q2/24 and 49% from Q3/23. The company achieved record Adjusted EBITDA of $135.8 million and Adjusted Funds Flow of $94.1 million. Net income totaled $101.6 million ($0.50 per basic share). Development capital expenditures were $80.8 million, directed to drill 48 wells. The company ended the quarter with net debt of $779.0 million and approximately $113 million cash on hand. Saturn implemented a share buyback program, repurchasing 1,095,236 common shares in Q3/24.