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Bullboard - Stock Discussion Forum
Strathcona Resources Ltd
T.SCR
Alternate Symbol(s):
STHRF
Energy
Oil & Gas E&P
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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TSX:SCR - Post Discussion
Strathcona Resources Ltd
> Dividend
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•••
okanaganrusty
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Post by
okanaganrusty
on Jan 28, 2024 12:21pm
Dividend
Any information about a dividend being paid out?
(200)
•••
Huntamun1234
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Comment by
Huntamun1234
on Jan 28, 2024 7:26pm
Waterous said Strathcona is spending 100% of its free cash flow to reduce debt and win an investment-grade credit rating. The company is currently rated B1 by Moody’s Investors Service, four levels below investment grade. The focus will then shift to returning cash to shareholders, which will almost certainly include a dividend, he said. Waterous said he expects shareholder turnover and for
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tylerreddick
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Comment by
tylerreddick
on Jan 29, 2024 3:05pm
No dividend.
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