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Saturn Oil & Gas (OILSF)

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Recent press releases and 8-K filings for OILSF.

Saturn Oil & Gas Inc. Reports Strong Q1 2025 Results and Flexible Capital Plans
OILSF
Earnings
Guidance Update
Share Buyback
  • Saturn Oil & Gas Inc. reported strong Q1 2025 financial results, including record quarterly production of nearly 41,700 barrels per day , adjusted funds flow of $131 million , and adjusted EBITDA of $158 million.
  • The company generated $58 million in free funds flow from $73 million in Q1 capital expenditures , resulting in a net debt to annualized adjusted EBITDA of 1.3x.
  • Saturn is actively returning capital and reducing debt, having repurchased 2.8 million common shares for $5.8 million and USD 15 million face value of senior secured notes at a discount subsequent to quarter end.
  • The company maintains flexibility in its 2025 capital program, with projected capital expenditures ranging from $100 million to $150 million in a $50 million to $55 million WTI environment to $300 million to $310 million if WTI is $70+.
May 8, 2025, 2:01 PM