Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from Saturn Oil & Gas ( (TSE:SOIL) ) is now available.
Saturn Oil & Gas Inc. announced its 2026 capital budget of $180-$190 million, targeting average production of 39,000-41,000 barrels of oil equivalent per day (boe/d), with 81% weighted to oil and liquids. The company plans to allocate funds to high-yield drilling projects, prioritize debt repayment, and focus on share buybacks or strategic tuck-in acquisitions if opportunities arise. This strategy aligns with Saturn’s goal to optimize free funds flow while maintaining operational efficiency in light of current commodity prices. The capital program is designed with flexibility to adjust spending and production based on market conditions, emphasizing long-term value preservation and operational synergies.
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 strong score due to its robust financial performance, strategic growth initiatives, and attractive valuation. The company’s ability to exceed production targets and manage costs effectively, despite a challenging price environment, positions it well for future growth. High leverage remains a concern but is mitigated by strong operational performance and strategic acquisitions.
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-focused producer operating primarily in Saskatchewan and Alberta. The company emphasizes development of its extensive asset inventory, aiming to optimize value through efficient drilling techniques and disciplined capital allocation, with a market focus on delivering sustainable production and free funds flow.
Average Trading Volume: 285,052
Technical Sentiment Signal: Sell
Current Market Cap: C$438.8M
See more data about SOIL stock on TipRanks’ Stock Analysis page.