Strathcona Resources Ltd. (T:SCR)
Business Focus: Oil & Gas Exploration and Production (NEC)
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Insider Filings
Latest 10 SEDI filings for SCR within the last 6 months
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Company News
Nov 13, 2023 17:30 ET
Strathcona Resources Ltd. Reports Third Quarter 2023 Results and Announces 2023 and 2024 Guidance
CALGARY, AB, Nov. 13, 2023 /CNW/ - Strathcona Resources Ltd. ("Strathcona" or the "Company") (TSX: SCR) today reported its third quarter 2023 financial and operational results. These results do not include contribution from Pipestone Energy Corp. ("Pipestone"), one of the Company's predecessors which was acquired by Strathcona by way of a plan of arrangement (the "Pipestone Transaction"), which was completed subsequent to the quarter end, on October 3, 2023. A copy of Pipestone's 2023 interim and 2022 annual financial statements and associated MD&A are available under the Company's profi
Nov 13, 2023 17:30 ET
Strathcona Resources Ltd. Reports Third Quarter 2023 Results and Announces 2023 and 2024 Guidance
CALGARY, AB, Nov. 13, 2023 /PRNewswire/ - Strathcona Resources Ltd. ("Strathcona" or the "Company") (TSX: SCR) today reported its third quarter 2023 financial and operational results. These results do not include contribution from Pipestone Energy Corp. ("Pipestone"), one of the Company's predecessors which was acquired by Strathcona by way of a plan of arrangement (the "Pipestone Transaction"), which was completed subsequent to the quarter end, on October 3, 2023. A copy of Pipestone's 2023 interim and 2022 annual financial statements and associated MD&A are available under the Company'
Valuation Ratios
Industry
Sector
Beta
1.97
--
--
Price to Sales - TTM
8.78
4.02
4.04
Price to Book - most recent quarter
0.60
1.40
1.67
Price to Cash Flow per share - TTM
19.36
4.69
5.49
Price to Free Cash Flow per share - TTM
--
15.81
16.81
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Nov 15, 2023 | 581,198 | 9,126 |
| Oct 31, 2023 | 572,072 | 49,290 |
| Oct 15, 2023 | 522,782 | 0 |
Business Summary
| Sector: Energy | Industry: Oil & Gas Exploration and Production |
Strathcona Resources Ltd. is a Canada-based oil and gas producers with operations focused on thermal oil, enhanced oil recovery and liquids-rich natural gas. The Company has three operations: Lloydminster Heavy Oil, Cold Lake Thermal and Montney Gas. The Lloydminster Heavy Oil has multiple large oil-in-place reservoirs with existing and expanding enhanced oil recovery (EOR) opportunities primarily located in southwest Saskatchewan. Its Saskatchewan thermal properties rely on the same steam-assisted gravity drainage (SAGD) processes as its Cold Lake Thermal properties. The Company is a producer in the Cold Lake region of Alberta. Its operations include thermal oil producing assets at Lindbergh, Orion and Tucker, with production from steam-assisted gravity drainage (SAGD) oil assets. Its Montney development is an active region in the Montney basin, the condensate-rich Kakwa, Grande Prairie, and Groundbirch regions, and produces liquids-rich gas.
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