Close menu




June 8th, 2023 | 07:00 CEST

Saturn Oil + Gas, Apple, Volkswagen - Technological breakthroughs and sustainability strategies for an innovative industry

  • Mining
  • Oil
  • Innovations
  • Technology
  • Sustainability
Photo credits: Apple Inc.

An exciting weekend in Troisdorf brought together renowned investors, celebrities and tennis enthusiasts to experience the exciting matches of the Saturn Oil Open ATP Challenger Tour. During the event, there was an opportunity for discussions on the groundbreaking developments at Saturn Oil & Gas. The Canadian company, listed on the Frankfurt Stock Exchange, recorded outstanding success in the first quarter of 2023 following the acquisition of Ridgeback Resources. On the other side of the globe, Apple presents its groundbreaking mixed VR set, "Apple Vision Pro", with augmented reality and innovative hand control, offering users a fascinating virtual experience. Volkswagen, on the other hand, is restructuring its production in China to meet the growing demand in the field of electric vehicles. These developments are shaping the future of these companies and driving innovation as they face the challenges of modern times.

time to read: 5 minutes | Author: Juliane Zielonka
ISIN: Saturn Oil + Gas Inc. | CA80412L8832 , APPLE INC. | US0378331005 , VOLKSWAGEN AG VZO O.N. | DE0007664039

Table of contents:


    John Jeffrey, CEO, Saturn Oil + Gas Inc.
    "[...] The Oxbow Asset now delivers a substantial free cash flow stream to internally fund our impactful drilling and workover programs. [...]" John Jeffrey, CEO, Saturn Oil + Gas Inc.

    Full interview

     

    Saturn Oil & Gas: Game, set and match in Troisdorf

    Under a bright blue sky and mild summer temperatures, renowned investors and prominent politicians gathered in Troisdorf the past weekend to watch the exciting tennis matches of the Saturn Oil Open ATP Challenger Tour tournament. Vice President Corporate Development Kevin Smith had the opportunity to talk toChief Financial Officer of Deutsche Telekom, Dr. Christian P. Illek. Those who know Smith'sbackground know that, in addition to his Bachelor's degree in Finance and an MBA in Business Administration, he has a deep and profound experience in investment banking. Also, CDU veteran and former Member of the German Bundestag,Wolfgang Bosbach, took the opportunity to enjoy sports and engage in small talk.

    The Canadian oil and gas company, listed on the Frankfurt Stock Exchange, now employs around 280 people. Investors should note June 28, 2023, for the Annual General and Special Meeting, which starts at 10 am Calgary time.

    The first quarter of 2023 was a landmark period for Saturn, setting new performance records following the completion of the acquisition ofRidgeback Resources, enhancing Saturn's sustainability and potential profitability for years to come," commented John Jeffrey, CEO of Saturn. "Based on the successes of last year's development program, the 13 new horizontal wells drilled in the first quarter of 2023 were the most productive group of new wells in Saturn's history.

    The Company is extremely pleased with the results of the 2023 drilling program and plans to proceed with drilling in June 2023. The Company's development budget for the remainder of the year is evenly split between Alberta and Saskatchewan, with a continued focus on high-return locations. For the Oxbow asset, Saturn has contracted one drilling rig for the remainder of 2023.

    This will be used for two purposes: firstly, the development of light oil resources in the Mississippi age, including the Company's initial development of the identified Spearfish formations, and secondly, the development of the Bakken light resources acquired through the Ridgeback acquisition. In addition, another drilling rig has been contracted full-time to develop Saturn's Alberta assets.

    Apple makes a splash with its mixed VR set, Apple Vision Pro

    No sooner does Mark Zuckerberg announce movement in the Metaverse than his chief rival from Cupertino sounds the attack. As reported by the Wall Street Journal, Apple has been working on the headset for seven years and has postponed the market launch several times. Now the time had finally come at the beginning of this week.

    The Vision Pro headset enables spatial work at the computer. The glasses, which visually resemble a diving mask, make it possible to control all Apple app applications by eye movement and project life-size content onto standard living room or office walls, making participants in video conferences appear life-size and close. Gaming enthusiasts are equally excited by technology as they are by vivid memories of video recordings and photos of private moments.

    Unlike Meta's headsets, the Vision Pro uses augmented reality instead of virtual reality. Apple users are, therefore, still in contact with their environment, while Meta users spend time completely isolated in virtual reality. In addition, the Apple Vision Pro uses hand control, eliminating the need for separate handheld devices.For investors, this move represents another milestone from Apple towards AI, as Apple opens a new developer platform just in time for the launch and, as in the past with the App Store, relies on the intelligence and unmet needs of its enthusiastic fanbase.

    In the US, the innovative VR glasses will be available at the beginning of next year and will cost aroundEUR 3,260.
    For the oil industry, this advancing technology means further demand for oil. For as long as plastics with oil continue to go into production, the oil demand will continue unabated.

    Volkswagen - Restructuring of EV production in China

    Volkswagen is restructuring its capacity in China to accommodate electric vehicle production. The joint venture with Chinese carmaker SAIC has restructured one of its plants in Shanghai to produce electric vehicles and conduct research and development in this area. The German carmaker made the announcement this week in response to a query from Reuters news agency.

    The assembly of internal combustion engine vehicles at the main plant of SAIC Volkswagen in Anting of Shanghai will be relocated to other plants. Volkswagen is responding to speculation on social media that the plant would be closed.

    VW stressed that the relocation would not affect the production capacities of individual models. Instead, the move illustrates the effort to accelerate the transition to e-mobility. Volkswagen is under pressure in its most important market from emerging Chinese manufacturers, which are more successful with electric vehicles than their Western rivals. In Q1, Chinese manufacturer BYD, with a market share of 11%, including still dominating internal combustion engines, displaced the VW brand from the top position. According to industry associations, however, the Volkswagen brand is catching up. Nevertheless, JP Morgan lowers the price target from EUR 235 to EUR 193.

    Volkswagen's current share price is EUR 151.30, which implies a price-earnings ratio of 5.1. An EPS growth rate of 3.7 results in a PEG (price/earnings growth) ratio of 1.4, based on the EPS growth rate of the last 3 years.


    Saturn Oil & Gas continues to focus on expanding oil and gas exploration and production and is continuously expanding its partner network. The demand for these fossil raw materials continues unabated, also in plastics, which Apple uses for its pioneering technology of Vision Pro Glasses. Apple has the best hardware, the most loyal customers and the most profitable App Store. So investors should keep a close eye on the AI and VR market and look out for more niches. In addition, Apple plans to update software on its various hardware platforms - iPhone, iPad, Apple Watch and Mac - and launch multiple new health and fitness features, including a diary app to help users record their daily activities and improve their mental well-being. Welcome to the digital health world. Volkswagen, conversely, is struggling with its dinosaur-like size and must endure being overtaken by competitor BYD. The price target has been adjusted.


    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") currently hold or hold shares or other financial instruments of the aforementioned companies and speculate on their price developments. In this respect, they intend to sell or acquire shares or other financial instruments of the companies (hereinafter each referred to as a "Transaction"). Transactions may thereby influence the respective price of the shares or other financial instruments of the Company.
    In this respect, there is a concrete conflict of interest in the reporting on the companies.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.
    For this reason, there is also a concrete conflict of interest.
    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on news.financial. These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.

    The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.


    Der Autor

    Juliane Zielonka

    Born in Bielefeld, she studied German, English and psychology. The emergence of the Internet in the early '90s led her from university to training in graphic design and marketing communications. After years of agency work in corporate branding, she switched to publishing and learned her editorial craft at Hubert Burda Media.

    About the author



    Related comments:

    Commented by André Will-Laudien on July 17th, 2024 | 09:00 CEST

    Elon Musk finances Donald Trump - Now a strategic move with Rheinmetall, Aixtron, Almonty Industries, and Varta

    • Mining
    • Tungsten
    • renewableenergies
    • Defense
    • hightech

    An assassination attempt with consequences. Tech billionaire Elon Musk has expressed his deepest solidarity with presidential candidate Trump following the assassination attempt. The Tesla CEO will henceforth financially support the Republican presidential candidate's campaign massively. Musk intends to provide around USD 45 million per month, as reported by the Wall Street Journal. The latest election polls now put the Republican clearly ahead of Biden. This could lead to a strongly US-oriented policy in the spirit of "America First". Above all, Trump aims to halt immigration, invest in the ailing infrastructure, massively arm the national security, and revitalize "Old America". Everything suggests that the blockbuster sectors of high-tech and armaments will continue thriving for now. The focus is clearly on strategic raw materials due to the efforts to reduce foreign dependencies. Where are the opportunities for shareholders?

    Read

    Commented by Fabian Lorenz on July 17th, 2024 | 07:30 CEST

    Siemens Energy share down 50%? Now time to buy Rheinmetall, Bayer, and Saturn Oil + Gas?

    • Mining
    • Oil
    • Defense
    • Pharma
    • renewableenergies

    Can the Siemens Energy share halve in value? At least, that is what the analysts at Bernstein think, who have set a price target of EUR 15. After a strong rally, the focus is now back on the Company's problem areas, such as India. Rheinmetall, on the other hand, is recommended as a "Buy". Can the armaments group thus end its sideways movement? In an initial study, analysts see around 50% upside potential for Saturn Oil & Gas. The oil company intends to significantly increase its free cash flow in the coming years but is considered undervalued compared to its peers. Some analysts see even more potential. Analysts are cautious about Bayer shares. In addition to the well-known legal disputes, operational issues are also a burden.

    Read

    Commented by Fabian Lorenz on July 16th, 2024 | 07:15 CEST

    Next share price jump? TUI, Aixtron, and Desert Gold

    • Mining
    • Gold
    • Travel
    • Technology

    Is the Aixtron share about to make its next leap? The shock of the profit warning was digested with a rise of over 10%. Three analysts recommend the share as a "Buy". Desert Gold is also ripe for a new rally. After more than doubling in a short space of time at the beginning of the year, it consolidated textbook style. Will it soon jump to a new yearly high? The Company is certainly not expensive, and experts consider a gold price of USD 3,000 possible. Important drilling results are also on the horizon. TUI is currently performing well operationally. The summer season business is booming, and the bankruptcy of a competitor is providing additional momentum. Nevertheless, the share is trending sideways. Could the purchase of an island be the trigger?

    Read