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 > No company even close to as cheap in Canada as SOIL

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Post by Rational43on Jul 31, 2023 12:52pm

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Post# 35565029

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 downside but limiting upside)...when hedges roll off its additional upside.

This quarter will be great for earnings (gain on hedges) and next quarters will be crazy cash flow with 30K bbls/day.

People will be buying this at $4 early next year expecting a run to $8 or $9.

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