Canada's Saturn Oil & Gas posts prelim Q2 petroleum and natural gas revenue of C$359 mln

Saturn Oil & Gas

20/07/2026 13:12

Overview
Canada light oil producer's preliminary Q2 petroleum and natural gas revenue totaled C$359 mln, with 41,447 boe/d output
Preliminary adjusted funds flow for Q2 was C$122 mln, with C$82 mln free funds flow

Outlook
Company did not provide specific guidance for the current quarter or full year in the press release

Result Drivers
REALIZED PRICING - Q2 revenue driven by average realized price per boe of C$95.11
PRODUCTION VOLUMES - Output averaged 41,447 boe/d in Q2, with 81% oil and liquids

Company press release: ID:nNFC4RM62z

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Capex
 
C$40 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the oil & gas exploration and production peer group is "buy"
Wall Street's median 12-month price target for Saturn Oil & Gas Inc is C$8.25, about 47.8% above its July 17 closing price of C$5.58
The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 27 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)