Asset Sale & Debt ReductionSale of Deer Mountain Block for $27M in cash proceeds will contribute to significant debt repayment, potentially putting Saturn on track to outperform its $185M debt reduction plan.
Debt Repayment & Stock Re-rateSaturn is well positioned for debt repayment in 2024, substantially reducing leverage which will drive a re-rate of the stock.
Stock Valuation & Free Cash FlowThe stock trades at a massive discount to peers but is expected to receive better market recognition for its free cash flow potential.