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Saturn Oil & Gas Inc. (V:SOIL)

Business Focus: Oil & Gas Exploration and Production (NEC)

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 fiscal year ended 31 December 2023, Saturn Oil & Gas Inc revenues increased 93% to C$624.6M. Net income increased from C$74.8M to C$290.6M. Revenues reflect Petroleum and natural gas sales increase of 89% to C$693.9M, Processing income increase from C$3.2M to C$11.3M. Net income benefited from Gain on acquisitions increase from C$14.9M to C$178.2M (income).
Employees: 68 as of Dec 31, 2021
Reporting Currency: Canadian Dollars
Enterprise value: $865.91M as of Dec 31, 2023
Annual revenue (TTM): $624.59M as of Dec 31, 2023
EBITDA (TTM): $395.06M as of Dec 31, 2023
Net annual income (TTM): $290.62M as of Dec 31, 2023
Free cash flow (TTM): -$313.25M as of Dec 31, 2023
Net Debt Last Fiscal Year: $431.55M as of Dec 31, 2023
Shares outstanding: 161,611,896 as of Mar 1, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization