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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 > Waiting for Q2 Results/Financials
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Comment by HeShootsHeSCRson Apr 15, 2020 10:11am
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Post# 30911303

RE:RE:Waiting for Q2 Results/Financials

RE:RE:Waiting for Q2 Results/Financials
HeShootsHeSCRs wrote: Came to a similar conclusion based on Q1. I'd expect the earnings to be reported next week (they reported on Jan 22 for the previous quarter)

Personally I'm hoping for better than $250k since the latest quarter includes the biggest gambling day of the year (Superbowl), and the NBA/NFL/NHL were all in full swing. NJ should be publishing their numbers any time now, let's hope for some big numbers out of Monmouth.

The crucial news here will be the guidance, if any, for the coming quarters. Q3 is shaping up to be a disaster financially as we'll have no sports for Mar/Apr/May, but as we all know this stock is more about the future potential.

Good luck!


April 22: https://www.businesswire.com/news/home/20200415005018/en/theScore-Report-Q2-F2020-Financial-Results-Wednesday

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