Saturn Oil & Gas management commentary cites unrealized derivative losses as key driver of Q3 2026 net loss

• Saturn Oil & Gas management commentary attributed the third-quarter 2026 net loss of $48.3 million primarily to unrealized derivative losses and debt-extinguishment costs.
• Adjusted funds flow rose to $149.89 million from $103.28 million a year earlier, driven by higher realized prices and production.
• Production reached 43,704 barrels of oil equivalent per day as acquisitions and new wells more than offset natural declines.
• Higher commodity prices increased realized derivative losses to $44.76 million, partly offsetting stronger sales; royalties and operating expenses also rose.
• Debt refinancing generated $32.4 million in early retirement fees, while $15.2 million in transaction fees on senior unsecured notes reduced earnings.

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