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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 Saskatchewan. Its portfolio includes Southeast Saskatchewan, West Central Saskatchewan, Central Alberta, and North Albert. The core producing properties in Southeast Saskatchewan include its Oxbow assets, which are concentrated within the Mississippian-aged, Midale and Frobisher oil formations and the Bakken assets concentrated in the Bakken formation of Southeast Saskatchewan. The core producing properties in West Central Saskatchewan consist of its Viking assets. The core producing properties in Central Alberta consist of its Cardium assets.


TSX:SOIL - Post by User

Post by Pumpjackon Apr 03, 2023 2:57pm
377 Views
Post# 35376851

Earning Reporting

Earning ReportingWhy 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?
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