Saturn Oil & Gas Inc T.SOIL

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

Energy Oil & Gas E&P

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

Saturn Oil & Gas Inc > Good Potential

<< Previous

Bullboard Posts

Next >>

Comment by Rainydayon Jul 28, 2023 4:03pm

196 Views

Post# 35562277

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 still at today's level all the debt reduction will be reflected in the equity value. Your FV of $3.37 should be very achievable over the next few months.

<< Previous

Bullboard Posts

Next >>

The top TSX healthcare stocks under $1