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Saturn Oil & Gas Inc. Announces Release Date for Q2 2025 Results and Provides Conference Call / Webcast Details
Newsfile· 2025-07-18 17:15
Calgary, Alberta--(Newsfile Corp. - July 18, 2025) - Saturn Oil & Gas Inc. (TSX: SOIL) (OTCQX: OILSF) ("Saturn" or the "Company"), a light oil-weighted producer focused on unlocking value through the development of our assets in Saskatchewan and Alberta, confirms that the Company intends to report our Q2 2025 financial results on Wednesday, July 30, 2025, after market close. A conference call and webcast will be held on Thursday, July 31, 2025, at 8:00 am MT (10:00 am ET) for interested investors, analysts ...
Saturn Oil & Gas Inc. Announces Results of Substantial Issuer Bid
Newsfile· 2025-07-16 22:53
Core Points - Saturn Oil & Gas Inc. has completed a substantial issuer bid, purchasing 1,608,182 common shares at a price of $2.15 per share, totaling approximately $3.46 million [1][2][3] - The shares purchased represent about 0.8% of the total issued and outstanding shares as of June 11, 2025, leaving 193,318,469 shares outstanding post-offer [2] - All validly deposited shares will be purchased as the total number tendered was less than the maximum allowed under the offer, eliminating the need for proration [3] Tax Implications - Based on the estimated paid-up capital of $2.18 per share, shareholders who sold shares under the offer are not expected to receive a taxable dividend [4] Future Plans - The company's normal course issuer bid (NCIB) was suspended during the offer period but will resume, with intentions to continue purchasing shares until the expiry on August 26, 2025, or until the maximum number of shares is acquired [5] Company Overview - Saturn is a Canadian energy company focused on the development of light oil-weighted assets in Saskatchewan and Alberta, aiming to enhance shareholder returns through efficient operations and strategic acquisitions [6]
Vermilion Energy Inc. Announces Closing of the Saskatchewan Asset Sale
Prnewswire· 2025-07-10 21:00
Core Insights - Vermilion Energy Inc. has successfully closed the sale of Saskatchewan assets for gross proceeds of $415 million, which is part of its strategic plan to enhance its asset portfolio [1] - The sold assets include approximately 10,500 barrels of oil equivalent per day (boe/d), with 86% being oil and liquids, located in Saskatchewan and Manitoba [1] - The net cash proceeds from this transaction will improve Vermilion's balance sheet and provide greater capital allocation flexibility for its core Canadian and European assets [1] Company Overview - Vermilion is a global gas producer focused on creating value through the acquisition, exploration, and development of liquids-rich natural gas in Canada and conventional natural gas in Europe [2] - The company aims to optimize low-decline oil assets, which contributes to generating significant free cash flow through exposure to global commodity prices [2] Corporate Priorities - The company's priorities are health and safety, environmental protection, and profitability, emphasizing the importance of public safety and natural surroundings [3] - Vermilion also focuses on strategic community investment in its operating areas [3]
ET vs. KMI: Which Midstream Stock Offers Investors Better Returns?
ZACKS· 2025-06-30 14:50
Industry Overview - The Zacks Oil and Gas Production and Pipeline industry is essential for meeting global energy demand, driven by economic growth and rising consumption in emerging markets [1] - Despite the shift toward renewables, hydrocarbons remain crucial for transportation, heating, and petrochemical production [1] - Technological advancements like horizontal drilling and enhanced recovery techniques are unlocking new reserves and boosting productivity [1] Pipeline Infrastructure - Pipeline infrastructure is critical for transporting crude oil, natural gas, and refined products efficiently [2] - Stable, fee-based revenue models and long-term contracts provide predictable cash flows for pipeline operators, insulating them from commodity price volatility [2] - The expansion of North American shale production and rising export capacity is expected to increase demand for midstream infrastructure [2] Company Comparisons - Energy Transfer (ET) and Kinder Morgan (KMI) are two of the largest midstream energy companies in North America, operating extensive networks of pipelines and storage facilities [3] - ET offers a diversified midstream infrastructure with stable cash flows and strategic export terminal access, positioning it well for rising U.S. energy production and global demand [4] - KMI has a primarily natural gas-focused midstream network with long-term contracts that provide predictable cash flows, appealing to income-focused investors [5] Earnings Growth Projections - The Zacks Consensus Estimate for ET's earnings per share (EPS) in 2025 and 2026 has increased by 2.86% and 4.26%, respectively [7] - KMI's 2025 EPS estimate has declined by 0.8%, while its 2026 EPS moved up by 2.26% [9] Dividend Yield - ET offers a dividend yield of 7.2%, significantly higher than KMI's 4.04% and the S&P 500's average of 1.58% [8][12] Valuation Metrics - ET is trading at a forward P/E of 12.54X, which is cheaper than KMI's 22.08X and the S&P 500's 22.43X [8][15] - ET's current return on equity (ROE) is 11.47%, while KMI's ROE is 16.6%, both underperforming the S&P 500's ROE of 17.02% [10] Debt to Capital - ET's debt-to-capital ratio is 56.6%, compared to KMI's 48.42%, both higher than the S&P 500's 38.07% [14] Price Performance - ET's units have gained 4.2% in the past month, outperforming KMI's 1.2% gain and the S&P 500's return of 4.4% [16] Conclusion - Energy Transfer is currently favored over Kinder Morgan due to rising earnings estimates, higher dividend yield, better return on equity, and cheaper valuation [20][21]
W&T Announces Positive Court Finding Regarding Remaining Surety Provider Claims
Globenewswire· 2025-06-30 10:45
HOUSTON, June 30, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that U.S. Magistrate Judge Dena Palermo recommended denying two surety companies motions for preliminary injunction, through which they collectively asked for full monetization of over $100 million dollars. The Court found, in relevant part, the sureties failed to demonstrate they would suffer irreparable harm if their cash collateral demands were not granted. Key highlights relating to the rul ...
Deep Value In Oil: GeoPark's 9% Yield And NAV Discount
Seeking Alpha· 2025-05-28 07:28
Core Viewpoint - GeoPark (NYSE: GPRK) is identified as an undervalued oil and gas producer in Latin America, operating similarly to a private equity firm by acquiring and refurbishing oil fields for monetization [1]. Company Summary - The company focuses on buying undervalued oil fields, refurbishing them, and then monetizing the assets, indicating a strategic approach to investment in the oil and gas sector [1]. - There is a belief that GeoPark is significantly mispriced in the market, suggesting potential for investment opportunities [1]. Investment Strategy - The investment philosophy emphasizes identifying high-quality and/or severely mispriced investment ideas, with a focus on purchasing great companies at attractive prices [1].
ROSEN, LEADING INVESTOR COUNSEL, Encourages Civitas Resources, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - CIVI
GlobeNewswire News Room· 2025-05-25 16:45
Core Viewpoint - Civitas Resources, Inc. is facing a class action lawsuit due to alleged misleading statements regarding its oil production and financial condition during the class period from February 27, 2024, to February 24, 2025 [1][3]. Group 1: Class Action Details - The Rosen Law Firm is reminding investors who purchased Civitas securities during the class period of the July 1, 2025, deadline to become a lead plaintiff in the class action [1][2]. - The lawsuit claims that Civitas made materially false statements and failed to disclose significant risks, including a likely reduction in oil production in 2025 and the need for additional debt to acquire more acreage [3]. Group 2: Allegations Against Civitas - Allegations include that Civitas would need to implement disruptive cost-reduction measures, including significant workforce reductions, due to its financial condition [3]. - The lawsuit asserts that Civitas' public statements regarding its business and financial prospects were overstated, leading to investor damages when the true situation was revealed [3]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and being recognized for its success in the field [4]. - The firm emphasizes the importance of selecting qualified legal counsel with experience in leading securities class actions [4].
Epsilon Announces 2025 AGM Results
Globenewswire· 2025-05-22 20:05
HOUSTON, May 22, 2025 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) is pleased to announce that all the nominees listed in its Proxy Statement, Schedule 14A dated on April 17, 2025 were elected as directors of Epsilon, until the next annual meeting of shareholders. The detailed results of the vote at the annual shareholders meeting held on Wednesday, May 21, 2025 are set out below. At the meeting, the number of directors was set at six and each of the following six nomi ...
Amplify Energy: Producing In The United States, And Very Undervalued
Seeking Alpha· 2025-05-21 09:21
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or ...
W&T Offshore Announces First Quarter 2025 Results and Declares Dividend for Second Quarter of 2025
Globenewswire· 2025-05-06 20:45
HOUSTON, May 06, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T,” the “Company,” “we” or “us”) today reported operational and financial results for the first quarter of 2025 and declared a second quarter 2025 dividend of $0.01 per share. This press release includes non-GAAP financial measures, including Adjusted Net Loss, Adjusted EBITDA, Free Cash Flow and Net Debt, which are described and reconciled to the most comparable GAAP measures in the accompanying tables to this press release under ...