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Strathcona Resources Ltd V.SCR


Primary Symbol: T.SCR Alternate Symbol(s):  STHRF

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.


TSX:SCR - Post by User

Post by ShockandAwwwon Oct 22, 2019 11:01am
105 Views
Post# 30254720

Earnings

EarningsAs stated by others, there wont be anything by way of revenue to inform us on this report as to early betting success. I would hope for/expect some growth year over year in the app revenues with increased expenses relating to betting start-up. 

What I'll really be listening for will be statements as to how further states are going to roll out and a comment referencing that they are growing their betting numbers in NJ week over week or some such. That may well not be something that they are willing to comment on but I could see it being said. 

Ive seen some excitement here as to what the betting revenues might be.  I am more cautious about early prospects. If this proposition is as it has been stated, then thescore bet isn't something that I would expect a bang from in starting revenues but a steady growth curb as betters burn through all of the incentives out there but gradually come to prefer thescore's interface and bet button taking them directly to what i hope is a very pleasing and intuitive betting page.  As i said before, my Thescore app while in Vegas at least revealed to me how it might work for a bettor like myself. As i was checking a game score I could see a score bet button while I could also see the line moving during play, meaning i could hop in and place a bet mid game if i wanted to. (That feature is still working here in Canada, if you turn on your "bet mode" in your score app it will update in game lines)
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