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, including Lloydminster Heavy Oil, Cold Lake Thermal Oil and Montney. The Lloydminster Heavy Oil segment 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. It 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 SAGD oil assets. Its Montney development is positioned in some of the active regions in the Montney basin, the condensate-rich Kakwa, Grande Prairie, and Groundbirch regions, and produces liquids-rich gas.

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Strathcona Resources Ltd > Overall

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Comment by Conductor78on Sep 03, 2019 4:54pm

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Post# 30091941

RE:Overall

I totally agree. It's like a person playing with a yo-yo and walking UP the stairs. Up and down but in an upward trend. I'm comforted in more exposure to investors, newer cities after New Jersey, higher revenue from betting/ads/esports..., graduation to TSX, potential buy-outs..

Maybe no $100 share price but Canopy Growth Corp has similar amount of outstanding shares, approx. 10x revenue, worse EPS, far worse operating margin and is $33/share. I'm hoping that 1/10th of the WEED's share price for SCR would be not too far fetched?

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