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Bullboard - Stock Discussion Forum Saturn Oil & Gas Inc. OILSF


Primary Symbol: T.SOIL Alternate Symbol(s):  T.SOIL.R | T.SOIL.W.A

Saturn Oil & Gas Inc. is a Canada-based energy company. The Company’s focus is to advance the exploration and development of its oil and gas properties in Alberta and Saskatchewan. It has assembled a portfolio of assets in Southeastern Saskatchewan, West Central Saskatchewan and Central/Northern Alberta that provide an inventory of economic drilling opportunities across multiple zones. The... see more

Bullboard (TSX:SOIL)

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Comment by Suppe11on Aug 15, 2023 8:44am

RE:Saturn trading under 2 x PE, 1.3 x CF in its worst quarter

Forget about the PE. The earnings statement included a non cash unrealized gain of 50m (for the whole hedgebook, years out). Without it their income would have been zero + the saved taxes...so maybe ...more  
Comment by pppon Aug 14, 2023 11:29pm

RE:RE:Saturn trading under 2 x PE, 1.3 x CF in its worst quarter

Also SOIL  abandonment liabilities are much less than SGY. 93 mil for SOIL compared to 237 for SGY. All there on Sedar. The poster is full of BS on the YGR BB
Comment by pppon Aug 14, 2023 11:20pm

RE:Saturn trading under 2 x PE, 1.3 x CF in its worst quarter

Your MC is off. it's closer to 400 mil. But you are on the right track comparing it  SGY on the YGR BB. Soil blows SGY out of the water on all metrics. 
Post by Rational43on Aug 14, 2023 7:53pm

Saturn trading under 2 x PE, 1.3 x CF in its worst quarter

Saturn with 48 cents FFO in Q2, with 10% of their production shut in from fires, with low prices. Trading at 1.3 x ann. FFO in what will be their worst quarter. At current prices and production ...more  
Comment by jsaw86on Aug 12, 2023 9:50am

RE:August 9

Earnings Report should be expected evening , post market Monday August 14th 2023, as    Q2 2023 Quarterly Results Webcast Saturn will host a webcast at 10:00 AM MDT (12:00 PM Noon EDT) ...more  
Comment by Rainydayon Aug 11, 2023 11:22am

RE:RE:No company even close to as cheap in Canada as SOIL

Maybe this will happen soon - SOIL is doing well today.
Comment by Rainydayon Aug 09, 2023 10:37pm

RE:RE:RE:RE:No company even close to as cheap in Canada as SOIL

I agree with you - I was being very conservative.
Comment by Rational43on Aug 09, 2023 5:06pm

RE:RE:RE:No company even close to as cheap in Canada as SOIL

$30,000 per BOE/D? This isn't a crappy NG producer, or even a less crappy heavy oil producer.   These are light sweet barrels, getting $100+ CAD per barrel, not $15 CAD per BOE for a ...more  
Comment by Rainydayon Aug 09, 2023 12:15pm

RE:RE:No company even close to as cheap in Canada as SOIL

The company projects debt outstanding at the end of 2023 at $345 million. With production of 30,000 B/D and a value of (say) $30,000 per daily barrel the Enterprise Value is about $900 million ...more  
Comment by jsaw86on Aug 04, 2023 2:21am

RE:August 9

Where did you get Wednesday August 9th as the reporting date for  q2?
Comment by Rational43on Aug 03, 2023 5:06pm

RE:August 9

Its going to be great, followed by new records for all the same when they report Q3 a quarter after.   Its starting to get noticed, but this is a $9 stock when people see a few good ...more  
Post by BigSchlickon Aug 03, 2023 3:36pm

August 9

Look for Saturn to report its 2nd quarter on August 9. New Company records for revenue, free cash flow and production. Netbacks are increasing while royalties are decreasing. Drilling results should ...more  
Post by a2bmanon Aug 02, 2023 8:57am

Get it while you can

Stating the obvs... The TSX listing opened the door to a lot of funds that would normally be restricted from holding this in their portfolio.  Market cap is another typical restriction, although ...more  
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