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Saturn Oil & Gas Boosts 2025 Production Forecast and Cuts Capital Expenditures

Story Highlights
  • Saturn Oil & Gas increases 2025 production forecast by 12% and cuts capital expenditures by 18%.
  • Strategic acquisitions and board appointment aim to strengthen Saturn’s market position and governance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Saturn Oil & Gas Boosts 2025 Production Forecast and Cuts Capital Expenditures

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An update from Saturn Oil & Gas ( (TSE:SOIL) ) is now available.

Saturn Oil & Gas has announced a corporate update featuring increased 2025 production forecasts and reduced capital expenditures. The company has achieved operational outperformance and strategic acquisitions, leading to a 12% increase in forecasted production and an 18% reduction in capital expenditures. The appointment of Lynn A. Peterson to the board is expected to strengthen governance. These strategic moves are aimed at enhancing the company’s asset base and maintaining financial stability despite fluctuating commodity prices.

The most recent analyst rating on (TSE:SOIL) stock is a Buy with a C$3.00 price target. To see the full list of analyst forecasts on Saturn Oil & Gas stock, see the TSE:SOIL Stock Forecast page.

Spark’s Take on TSE:SOIL Stock

According to Spark, TipRanks’ AI Analyst, TSE:SOIL is a Outperform.

Saturn Oil & Gas receives a high score due to its strong financial performance, technical indicators, and valuation. The company’s robust earnings call further supports the positive outlook, despite some financial risks related to leverage and cost management.

To see Spark’s full report on TSE:SOIL stock, click here.

More about Saturn Oil & Gas

Saturn Oil & Gas Inc. is a light oil-weighted producer focused on developing assets in Saskatchewan and Alberta. The company aims to unlock value through strategic acquisitions and efficient asset management in the oil and gas industry.

YTD Price Performance: 11.11%

Average Trading Volume: 429,446

Technical Sentiment Signal: Buy

Current Market Cap: C$482.1M

For an in-depth examination of SOIL stock, go to TipRanks’ Overview page.

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