Saturn Oil & Gas Posts Mixed Q3 2025 Results: Production Up, EPS Down

Saturn Oil & Gas Inc. delivered production of approximately 41,142 boe/d in Q3 2025, surpassing its guided range of 37,000‑38,000 boe/d thanks to strong well performance and a southeast Saskatchewan acquisition. Adjusted EBITDA reached around CAD $124 million and Adjusted Funds Flow (AFF) hit CAD $103 million (≈ CAD $0.54/share), despite a soft commodity price environment. However, net income plunged to CAD $3.47 million (CAD $0.02/share) down from CAD $101.6 million (CAD $0.50/share) a year ago — reflecting significant headwinds. The company maintained net debt at CAD $783 million, translating to about 1.6× annualized AFF — a manageable leverage level though higher than ideal. On the capital front, Saturn spent about CAD $87 million on drilling 29 wells and prioritized acquisitions over heavy drilling. Management emphasized disciplined capital deployment, continuing a share‑buyback program (CAD $12 million returned in Q3), and leveraging the recently closed tuck‑in acquisition to improve per‑share metrics. While earnings per share disappointed, the operational out‑performance and productive acquisitions suggest the company is reinforcing its growth and return framework. #SaturnOilGas #Q32025Earnings #CanadianOil #EnergySector #SlimScan #GrowthStocks #CANSLIM