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 > Pure spéculation sur le titre ce matin.

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Comment by jstizzon Feb 05, 2021 11:43am

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Post# 32484137

RE:Pure spéculation sur le titre ce matin.

How are you justifying any fair value? Their PE/PEG is non existent - Their PB is way too high. its all speculation. This is a growth play. Similar to Marijuana - once legalized the earnings follow in the future. Marijuana stocks went up to $40 pre-revenue based on legalization. I can appreciate you saying its overpriced, but not associating your own random $3 value to it saying thats the current value. What we have seen in the past is when legalization is on the table, no price is out of limits since its all speculation.

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