Saturn Oil & Gas Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was CAD 42.66 million compared to CAD 143.88 million a year ago. Net loss was CAD 62.98 million compared to net income of CAD 219.05 million a year ago.

Basic loss per share from continuing operations was CAD 0.42 compared to basic earnings per share from continuing operations of CAD 2.52 a year ago. Diluted loss per share from continuing operations was CAD 0.42 compared to diluted earnings per share from continuing operations of CAD 2.51 a year ago.