Saturn Oil & Gas Inc. T.SOIL

Free cash flow yield

[Valuecan]

I agree q4 average should be higher, maybe we’ll hear something to that effect in the mid September update.  For valuation comparisons to other companies don’t compare debt but compare free cash flow yield on an EV basis. ( FCF/EV).  I am estimating around 30% for next 12 months based on current oil price, hedging and current stock price.

[1970Craig]

This is 12 to 13 % higher than what I read Suncor larger companies free cash flow yield lies.  So this is outstanding.  worh the hedged and some strong oil prices for 3 to 6 months I believe then we will get some more serious looks.  We just need a little time to bring the debt back just a bit but prove it , and we need to actually execute.    Witch I feel they will

[Valuecan]

Great report, and good execution so far.  It would be helpful if Saturn investor relations could provide a free cash flow yield sensitivity analysis (based on enterprise value) in an upcoming presentation.  This would show the FCF yield for various WTI prices over the first half of 2023, say $70, 80, 90, 100. For stock price use current price and for net debt use expected net debt at the