This summary was created by AI, based on 3 opinions in the last 12 months.
Experts have mixed opinions about SOIL-T. Some believe that the company's stock is cheap and has potential for growth if they focus on cash flow. Others note that the production has been increasing and recommend keeping an eye on smaller/mid-cap companies in the oil and gas sector. However, there are concerns about the company's high debt levels, negative cash flow, and reliance on debt and share issuance for capital spending. Overall, the company has good qualities but also drawbacks such as lack of dividend and small size.
They've done some debt equity issues in recent years. The stock is very cheap. If they can stop buying companies, this can do well and help cash flow.
Production has been growing. As the market rally broadens, watch the smaller/mid-cap companies.
SOIL is a $328.6M company with a revenue base of ~$396M, and over the past 12 months it has generated net income of $392, however, it also was cash flow negative over the past 12 months. All of its cash from operations were eroded by increased CAPEX spending, which was funded by a combination of debt and share issuance. Its debt levels are quite high, but its valuation is also very low, but right now this is common in the oil and gas sector as commodity prices continue to weaken. SOIL has demonstrated some good qualities, and insiders have been buying. Its lack of dividend and relatively small size are probably the main drawbacks here.
Unlock Premium - Try 5i Free
Passed on last private placement.
Large abandonment liabilities.
Small company that doesn't attractive institutional investment.
Has taken on lots of debt.
No return of capital until 2024.
Weary on prospects of company.
Saturn Oil & Gas is a Canadian stock, trading under the symbol SOIL-T on the Toronto Stock Exchange (SOIL-CT). It is usually referred to as TSX:SOIL or SOIL-T
In the last year, 1 stock analyst published opinions about SOIL-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Saturn Oil & Gas .
Saturn Oil & Gas was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Saturn Oil & Gas .
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Saturn Oil & Gas published on Stockchase.
On 2024-03-28, Saturn Oil & Gas (SOIL-T) stock closed at a price of $2.54.