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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

Comment by pacer217on Nov 16, 2020 4:04pm
138 Views
Post# 31908510

RE:unbelievable

RE:unbelievableHere's a prediction you won't like. "that crooked BT" Trudeau  will win the next Fed. election in Canada.

If you think O'Toole is a serious factor to gain ground,  well disappointment looms.

Another prediction : You will be able to average down on SCR at about .69 or .68 in December;  IMHO.
NO catalyst for upward swing with NHL not available for 7 weeks at least.  Carsand Golf done for months and Raptors not in Canada for many weeks.

The healthiest sport in Canada right now are Thouroughbred racing and Harness racing - with
mutuals up across the Country by 25% to 70% over 2019. The SCR gets ZERO from that play.
it's all handled by HPI APP.
As to the SCR future,  CIBC screener says losses of .02 cents each of next 3 quarters and the three anaysts with an opinion suggest 12 month target of $1.07  average.  They get bought out will be nescessary for a big improvement from that.
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