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Saturn Oil & Gas (TSE:SOIL)
TSX:SOIL
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.14Last Year’s EPS
0.24Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 28.85%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strong financial and operational performance with record production and cost savings. However, challenges such as high net debt and uncertain oil prices pose potential risks for future growth.Company Guidance
In the first quarter of 2025, Saturn achieved notable financial and operational milestones, surpassing analyst expectations. The company reported a record quarterly production of nearly 42,000 BOE per day, an adjusted funds flow of $131 million, and an adjusted EBITDA of $158 million. Furthermore, the free cash flow reached $58 million, marking the highest for any first quarter in Saturn's history. The company achieved significant operational cost savings, particularly from its Flat Lake and Battrum assets, reducing operating costs by 13%, which translated to an almost $15 million cost savings for 2025. In terms of capital expenditure, Saturn invested $73 million, primarily in drilling activities, resulting in the completion of 33 wells. The company's net debt stood at C$814 million, with a net debt to annualized adjusted EBITDA ratio of 1.3 times. Saturn also demonstrated financial prudence by repurchasing US$15 million of senior notes below par value and maintaining a strong hedge book, which provides a buffer against oil price volatility. Looking forward, Saturn outlined flexible capital expenditure plans based on commodity prices, with potential adjustments ranging from $100 million to $310 million depending on oil price scenarios.Record Quarterly Production
Saturn achieved a record quarterly production of nearly 41,700 barrels per day, up from just over 41,000 barrels per day in Q4 of 2024.
Strong Financial Performance
Saturn generated record adjusted fund flow of $131 million and adjusted EBITDA of $158 million, exceeding analyst expectations.
Operational Efficiency and Cost Savings
Operational efficiencies led to reduced operating costs by 13%, driving a cost savings of $7.5 million in the second half of 2024, with a projected $15 million cost savings for 2025.
Successful Drilling and Development Programs
Completion of 33 gross wells and a successful execution of the Q1 capital program with zero lost time injuries despite a 69% increase in person hours worked.
TSE:SOIL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:SOIL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | C$1.56 | C$1.59 | +1.92% |
Mar 13, 2025 | C$1.86 | C$1.94 | +4.30% |
Nov 05, 2024 | C$2.28 | C$2.23 | -2.19% |
Jul 30, 2024 | C$2.55 | C$2.65 | +3.92% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Saturn Oil & Gas (TSE:SOIL) report earnings?
Saturn Oil & Gas (TSE:SOIL) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Saturn Oil & Gas (TSE:SOIL) earnings time?
Saturn Oil & Gas (TSE:SOIL) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:SOIL EPS forecast?
TSE:SOIL EPS forecast for the fiscal quarter 2025 (Q2) is 0.14.