Saturn Oil & Gas lifts 2026 adjusted funds flow forecast to $535 million-$570 million
Reuters2026/07/29 21:22- Saturn Oil & Gas raised 2026 guidance, citing operational outperformance, tuck-in acquisitions, senior notes refinancing.
- Average production forecast lifted to 43,000-44,000 boe/d from 39,000-41,000 boe/d; exit volumes targeted at 48,000-50,000 boe/d.
- Development capital budget expanded to $355-$375 million from $180-$190 million; total capex expected at $365-$385 million.
- Adjusted funds flow forecast increased to $535-$570 million from $325-$375 million; AFF per share seen at $2.95-$3.15.
- Free funds flow outlook raised to $150-$200 million from $120-$170 million; year-end net debt forecast at $955-$990 million.
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