Saturn Oil & Gas reported a larger-than-expected quarterly loss per share, extending a run of mostly disappointing earnings results.
Saturn Oil & Gas Inc. (TSX: SOIL) reported its fiscal third-quarter 2026 results after markets closed on November 4. The company posted a loss of C$0.27 per share, compared with analysts’ expected loss of C$0.19—a 42.1% miss. Saturn also missed estimates in the previous two reported quarters, though it beat them in the December 2025 quarter. The available results don’t include revenue or margin figures, so EPS is the clearest measure of the quarter. Follow the company on the Saturn Oil & Gas stock page.
Recent earnings trend
Saturn Oil & Gas Inc.
SOIL.TO
SOIL.TO
Saturn Oil & Gas Inc.
WealthAwesomeMarket cap
$1.29B
52W high
$9.90
52W low
$2.23
1W change
-16.05%
Beta
0.32
Analyst Price Targets
Based on analyst covering SOIL · as of Oct 26, 2026
Wall Street analysts forecast SOIL stock price to rise 56.2% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$11.36
+56.2% Upside
Previously C$11.14 on Oct 22, 2026
Current Price
C$7.27
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on SOIL's historical volatility
30-Day Vol
68.8%
Annualized
90-Day Vol
59.5%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$8.69
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$7.72 | C$6.09 – C$9.78 |
| 60 trading days | C$8.19 | C$5.85 – C$11.45 |
| 90 trading days | C$8.69 | C$5.76 – C$13.11 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 2 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 1 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-12-31 | 2027-03-10 | — | 0.5200 | — |
| 2026-09-30 | 2026-11-04 | -0.2700 | -0.1900 | -42.1% |
| 2026-06-30 | 2026-07-29 | 0.5700 | 0.6900 | -17.4% |
| 2026-03-31 | 2026-05-06 | -0.5300 | -0.3800 | -39.5% |
| 2025-12-31 | 2026-03-11 | 0.1600 | 0.0300 | +433.3% |
| 2025-09-30 | 2025-11-05 | 0.0200 | 0.1400 | -85.7% |
Investor takeaway: Saturn beat earnings estimates in just one of its last four comparable quarters. Analysts expect C$0.36 EPS next quarter, but that forecast has fallen from C$0.57 over the past 30 days. Two analysts contributed to the estimate. For Canadian investors, the key question is whether production and acquisitions can support steadier earnings as Saturn manages its debt and exposure to oil prices. Company news cited net debt of C$695 million and net debt equal to 1.3 times annualized adjusted EBITDA. These figures come from the news item, not the earnings data.
C$0.27 loss per share
Saturn reported a loss of C$0.27 per share, compared with the expected loss of C$0.19—a 42.1% miss. The consensus forecast for next quarter is C$0.36 EPS, down from C$0.57 a month ago.
Bull case
Saturn is a Canadian light-oil producer with operations in Saskatchewan and Alberta. Its acquisition strategy could increase production and expand the business. The supplied average analyst target of C$11.36 is above the reference closing price of C$7.27, and analysts still expect positive EPS next quarter. If Saturn turns its assets and investment into steady cash flow, this quarter’s loss may not reflect its longer-term earnings potential.
Bear case
Saturn’s latest loss was larger than expected, and the company missed estimates in three of its last four reported quarters. Analysts have also lowered their next-quarter EPS forecast. Company news points to significant debt and exposure to falling oil prices and higher interest costs. The supplied data also shows weak recent share performance. Forecasts and analyst targets don’t remove the risks from volatile oil prices, execution challenges, or financing pressure.
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