Strathcona Resources Ltd V.SCR

Primary Symbol: 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.

TSX:SCR - Post by User

Strathcona Resources Ltd > Wowww!!!!! I’m a noob

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Comment by MichaelRyan2on Feb 29, 2020 12:26pm

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Post# 30751084

RE:RE:RE:RE:RE:RE:RE:RE:RE:Wowww!!!!! I’m a noob

Hey Big Papi ( good to hear from you buddy ) he was talking about Market Capitalization.

I got this from TMX Site:

Listed Shares Outstanding*

357,288,614

Market Cap*

203,654,510

WIth stock at $0.57 now sitting at $203M market cap.... he mentioned Score going to $8B valuation which based on current listed shares outstanding would put stock price at approx $22 per share.

I believe Levy has the ability to get this to $1 - $2B valuation which would put stock price target I have for it (LONG TERM 3-5 years) at : $2.79 to $5.59 a share potential I believe we have.

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