Saturn Oil & Gas (TSE:SOIL)
TSX:SOIL
Want to see TSE:SOIL full AI Analyst Report?
Earnings Data
Report Date
Aug 19, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.44Last Year’s EPS
0.46Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial picture: production and cash generation beat expectations, net debt was reduced, buybacks and disciplined capital allocation were emphasized, and high-performing wells demonstrated strong capital efficiency. Key negatives included realized and unrealized hedging losses that distorted reported earnings, contractual hedging coverage that limits upside in strong price rallies, seasonal drilling constraints and a potential refinancing cost. On balance, the highlights (consistent outperformance, deleveraging, buybacks, efficient well results and flexibility to accelerate capital) outweigh the lowlights.Company Guidance
Production Outperformance
Q1 2026 production exceeded 43,100 BOE/day, beating analyst expectations for the seventh consecutive quarter and surpassing Saturn's quarterly guidance by more than 1,600 BOE/day.
Strong Cash Generation
Adjusted funds flow of $170 million ($0.59 per basic share) beat the average analyst consensus by ~5%; free funds flow was $62 million, exceeding consensus by ~13%.
Net Debt Reduction
Net debt declined ~5% versus year-end 2025, exiting Q1 at approximately $725 million, demonstrating continued focus on deleveraging.
Active Share Buyback and Share Count Reduction
Returned >$12 million to shareholders in Q1 via repurchase and cancellation of ~3.7 million shares under the NCIB (plus a subsequent ~$3.4 million for ~600k shares); shares outstanding at March 31 were 181 million, ~8% lower than a year ago. NCIB purchases since Aug 2025 are nearing the 12.1 million-share 1-year maximum.
Capital Discipline and Flexibility
2026 capital budget was conservatively set using $60 WTI. Management is using spring breakup as a natural pause to evaluate the market and is prepared to accelerate capital opportunistically — planning to bring forward ~$20 million into Q2 and potentially expand the full-year program if prices remain elevated.
High-Performing Well Results and Efficient Drilling
Q1 capital of $45 million drilled/completed 23 gross wells (21 in SW Saskatchewan including 10 open-hole multilaterals). Notable Spearfish well (13-06) had an IP30 of 365 bbl/d, peak ~400 bbl/d in first 30 days and capital efficiency ~$5,000 per barrel; prior adjacent well outperformed type curve by ~3x.
Lower Royalties and Strong Tax Position
Royalties averaged ~11% in the quarter, below guidance due to Alberta royalty incentives and sliding-scale impacts. Saturn retains ~ $1.6 billion of tax pools and does not expect to become cash taxable until 2028 or later under current plans.
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 06, 2026 | C$6.55 | C$6.57 | +0.31% |
Mar 11, 2026 | C$3.87 | C$4.41 | +13.95% |
Nov 05, 2025 | C$2.59 | C$2.48 | -4.25% |
Jul 30, 2025 | C$2.41 | C$2.60 | +7.88% |
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 Aug 19, 2026, TBA (Confirmed).
What is Saturn Oil & Gas (TSE:SOIL) earnings time?
Saturn Oil & Gas (TSE:SOIL) earnings time is at Aug 19, 2026, TBA (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 2026 (Q2) is 0.44.