Join us as we celebrate three decades of bringing together the energy industry's companies, investors, analysts, and industry leaders! Investors are encouraged to register for EnerCom Denver - The Energy Investment Conference featuring a broad group of public and private energy companies at www.enercomdenver.com A robust list of companies has confirmed their participation, and more are being added daily Sponsorship [...]
Saturn Oil & Gas Inc. , a light oil-weighted producer focused on unlocking value through the development of our assets in Saskatchewan and Alberta, confirms that the Company intends to report our Q1 2025 financial results on Wednesday, May 7, 2025 after market close. A conference call and webcast will be held on Thursday, May 8, 2025, at 8:00 am MT for interested investors, analysts, brokers and media representatives [...]
Q1/25 capital program realized well outperformance averaging 20% above internal type curves, driving estimated average volumes over 41,600 boe/d Opportunistically retired ~US$15 million of senior notes by allocating ~C$21 million to open market repurchases at prices below par Continued share buybacks with ~3.4 million shares repurchased to date in 2025, bringing total repurchases to 7.9 million shares since the program's [...]
Record 2024 exit volumes of 41,908 boe/d and Q4/24 production of 41,051 boe/d Adjusted Funds Flow of $2.10/share or $380.1 million in 2024 and $0.64/share or $129.2 million in Q4/24 39% current free funds flow yield based on $133.8 million of free funds flow generated in 2024 $5.56/share of net asset value on a proved developed producing reserves basis Repurchased a total of 6.7 million shares to date through NCIB [...]
Saturn Oil & Gas Inc. , a light oil-weighted producer focused on unlocking value through the development of assets in Saskatchewan and Alberta, confirms that the Company intends to report our Q4 and full year 2024 financial results, along with our year end 2024 independent reserves evaluation in accordance with National Instrument 51-101, on Thursday, March 13, 2025 after market close. A conference call and webcast will [...]
Estimated Q4/24 volumes above 41,000 boe/d represents a new corporate record for Saturn Efficient capital program, continued type curve outperformance and production optimization drove volumes Robust hedges on oil prices, differentials and foreign exchange rates help mitigate current market volatility Saturn Oil & Gas Inc. , a light oil-weighted producer focused on unlocking value through the development of our assets in [...]
Saturn Oil & Gas Inc. , a light oil-weighted producer focused on unlocking value through the development of assets in Saskatchewan and Alberta, today announces that, effective January 1, 2025, the Company completed a vertical short-form amalgamation with its wholly-owned subsidiary, Saturn Holdings SK Ltd. . Additionally, on January 3, 2025, the Company completed a continuance out of the jurisdiction of Saskatchewan under [...]
Saturn Oil & Gas Inc. , a light oil-weighted producer focused on unlocking value through the development of assets in Saskatchewan and Alberta, is pleased to provide our 2025 development capital budget and annual guidance, along with an operational update and Saturn's outlook for the next three years. "Our development capital expenditures budget of $300 to $320 million is targeting stable production averaging [...]
Saturn Oil & Gas Inc. , a light oil-weighted producer focused on unlocking value through the development of assets in Saskatchewan and Alberta, is pleased to report our financial and operating results for the three and nine months ended September 30, 2024. Saturn's Financial Statements, as well as Management's Discussion and Analysis are available on our website and filed on SEDAR+ at sedarplus.ca. "Saturn delivered [...]
Saturn Oil & Gas Inc. , a light oil-weighted producer focused on unlocking value through the development of assets in Saskatchewan and Alberta, confirms that the Company intends to report our third quarter 2024 financial and operating results on Tuesday, November 5, 2024, after markets close. A conference call and webcast will be held on Wednesday, November 6, 2024, at 8:00 a.m. MT for interested investors, analysts [...]
Saturn Oil & Gas Inc. is pleased to announce that the Company placed number four on the 2024 Report on Business ranking of Canada's Top Growing Companies, with three-year revenue growth of over 9,200%. The Company also earned the distinction of being the fastest-growing oil and gas company on the list for the second year in a row. "With a team and strategy designed to challenge the status quo and disrupt traditional [...]
Saturn Oil & Gas Inc. is pleased to announce that Saturn has received acceptance from the Toronto Stock Exchange in respect of its intention to make a normal course issuer bid to purchase and cancel up to 11,306,825 of its outstanding common shares during the one-year period from August 27, 2024 to August 26, 2025 . The Board of Directors of the Company has authorized the NCIB because it believes that it is in the best [...]