Browsing Tag
Saturn Oil & Gas Inc.
2 posts
Saturn Oil & Gas doubles down on buybacks as Q2 FCF reaches C$82.5m
Saturn Oil & Gas has received TSX approval to repurchase as many as 12.23 million additional shares after fully exhausting its previous C$39.6 million buyback. The new authorisation covers 10% of public float but only 6.8% of total shares outstanding, and using it fully near current prices could consume almost an entire quarter of recent free funds flow.
Saturn Oil & Gas nearly doubles 2026 capex as acquisitions lift production target and debt
Saturn Oil & Gas has expanded its drilling programme after acquisitions and stronger well performance. Production and cash-flow guidance have risen, but so have capital spending and absolute debt.