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 |