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Bullboard - Stock Discussion Forum Saturn Oil & Gas Inc T.SOIL

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

Saturn Oil & Gas Inc. is a Canada-based resource company. The Company is engaged in the business of acquisition, exploration and development of petroleum and natural gas resource deposits in Western Canada. It focuses on advancing the exploration and development of its oil and gas properties in Alberta and Saskatchewan. It also focuses on the development of light oil weighted assets in... see more

Bullboard (TSX:SOIL)

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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  
Comment by Rainydayon Jul 31, 2023 2:06pm

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

When the stock price goes above $3.00 it will become marginable at various brokers and probably followed by more people than it is now. That will also help increase the stock price.
Post by Rational43on Jul 31, 2023 12:52pm

No company even close to as cheap in Canada as SOIL

Its tough to find a South American oil company this cheap, but trading with CF > MCAP (under 1 x CF) is insane, for a high quality light oil producer. That's with lowball hedges (eliminating ...more  
Post by BigSchlickon Jul 29, 2023 4:01pm

Saturn Oil @ $75 wti

On pg 13 of Saturn's presentation it states that @ $80 wti adjusted funds flow would be approx 393 million and free cash flow of approx $232 million. It also states that with every $1 change in ...more  
Comment by Rainydayon Jul 28, 2023 4:03pm

RE:Good Potential

Right now the debt/equity ratio is high but they plan steady dedication of 60% of their cashflow to debt repayment. In a year the debt/equity ratio will be much better and if the enterprise value is ...more  
Post by retiredcfon Jul 25, 2023 9:35am

Good Potential

Punched out of this stock a couple of months ago but going to give it a second chance given how cheap it is (FV is $3.37) and that the sector is beginning to turn around. GLTA Have there been any ...more  
Comment by Malachiteon Jul 19, 2023 2:51pm

RE:Warrants increased??

I'm not sure what you're seeing, but those numbers you are using are the proceeds that would have been received if the warrants were exercised. Both the June and July warrants expired. See ...more  
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