Sector: Energy | Industry: Oil & Gas Exploration and Production |
Company Contact | |
Address: | 525 - 8th Avenue SW, Suite 2800 CALGARY AB T2P 1G1 |
Tel: | N/A |
Website: | https://www.saturnoil.com |
IR: | See website |
Key People | ||
John Jeffrey President, Chief Executive Officer, Director | Scott Sanborn Chief Financial Officer | Justin Joseph Raymond Kaufmann Chief Development Officer |
Business Overview |
Saturn Oil & Gas Inc. is a Canada-based energy company. The Company's focus is to advance the exploration and development of its oil and gas properties in Alberta and Saskatchewan. It has assembled a portfolio of assets in Southeastern Saskatchewan, West Central Saskatchewan and Central/Northern Alberta that provide an inventory of economic drilling opportunities across multiple zones. The Company's producing properties in Southeast Saskatchewan includes Oxbow assets, which are geologically concentrated within the Mississippian-aged, Midale and Frobisher oil formations and the Bakken assets concentrated in the Bakken formation of Southeast Saskatchewan. The producing properties in West Central Saskatchewan consist of Viking assets. The producing properties in Central Alberta consist of Cardium assets. The producing properties in North Alberta consist of assets located in the Kaybob and Deer Mountain areas of Alberta. |
Financial Overview |
For the three months ended 31 March 2024, Saturn Oil & Gas Inc revenues increased 27% to C$150.5M. Net loss totaled C$63M vs. income of C$219.1M. Revenues reflect Petroleum and natural gas sales increase of 28% to C$168.2M, Processing income increase of 77% to C$3.5M. Net loss reflects Gain on acquisitions decrease from C$185.3M (income) to C$0K, Unrealized gain (loss) on derivatives increase from C$32.5M (income) to C$103.2M (expense). |
Employees: | 68 as of Dec 31, 2021 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $963.29M as of Mar 31, 2024 |
Annual revenue (TTM): | $656.67M as of Mar 31, 2024 |
EBITDA (TTM): | $409.17M as of Mar 31, 2024 |
Net annual income (TTM): | $8.59M as of Mar 31, 2024 |
Free cash flow (TTM): | $165.72M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | $376.87M as of Mar 31, 2024 |
Shares outstanding: | 161,535,898 as of May 8, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |