Saturn Oil & Gas Inc. OILSF

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

Energy Oil & Gas E&P

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 Company's producing properties in Southeast Saskatchewan includes Oxbow assets, which are geologically concentrated within the Mississippian-aged, Midale and Frobisher oil formations and the Bakken assets concentrated in the Bakken formation of Southeast Saskatchewan. The producing properties in West Central Saskatchewan consist of Viking assets. The producing properties in Central Alberta consist of Cardium assets. The producing properties in North Alberta consist of assets located in the Kaybob and Deer Mountain areas of Alberta.

TSX:SOIL - Post by User

Saturn Oil & Gas Inc. > Earning Reporting

<< Previous

Bullboard Posts

Next >>

Post by Pumpjackon Apr 03, 2023 2:57pm

325 Views

Post# 35376851

Earning Reporting

Why does Saturn report their earnings in EBITDA instead of Cash Flow or FFO like all of the other oil companies?

For example they quote a 0.7x debt to EBITDA, whereas all the other E+P's always quote Debt/Cash flow metrics.

As far as I understand EBITDA ignores interest and taxes, so essentially is leaving out cash expenses from the equation. Essentially making their debt ratio's look better. Am is thinking of this wrong?

<< Previous

Bullboard Posts

Next >>

Cineplex outperforming North American box offices in 2024