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 > Projection

<< Previous

Bullboard Posts

Next >>

Comment by SteMadon Dec 30, 2020 6:43pm

205 Views

Post# 32200326

RE:Projection

Bomber44 wrote:
The North America legal cannabis market amounted to almost $14 billion in 2019

Sports gambling estimates are what $150billion?

There’s 3 big cannabis companies and then tilray in Canada if I’m correct. Tilray 1.4billion

Canopy 12.04 billion

Aurora 2.4b

Aphria 2.6b

Everyone else $750million ( guess low end )

Total ~18.5 billion market cap on $14billion projected revenues for 2019 they’re projecting cannabis to reach $21.5 b in North A. By 2021 or $46.5 bill by 2026

Sports gambling was around $150billion in America alone I believe. It didn’t say that was for North America but Americans. So let’s say Canada adds $14 b to that. $164billion market space Dkng is worth $19.17b fanduel is worth idk between $4.2b and $9b that leaves roughly $130billion in market share up for grabs. Score only needs to get 2% of the market and raise another $325mm if they must and we’re around $75 a share. Correct me if I’m wrong on any of this. Just trying to think out loud