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Strathcona Resources Ltd 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 Petieboyon Jul 09, 2021 3:06pm
263 Views
Post# 33522253

RE:RE:Score increase in price

RE:RE:Score increase in priceI don't believe it will go down after earnings and guidance IMHO. There's more going on behind the scenes that you're not aware of regarding their Canadian presence. I think Levy will be advising us on the earnings call. If you do the calculations for the States in the US plus the Provinces in Canada plus the advertising revenue. Take a look at all the revenue streams and do the calculations. Plus it was in the top 3 companies that would be bought out within the next 12 months. Put a 50% premium on its price today for a buy out. This is at least a 45.00 stock. Due your due diligence. If the virus doesn't slow down sports this stock is a bargain right now. Even the underwriters thought it was 27.00 U S. I believe the analysts prediction of 55.00 may be a little high but I'm holding until 2023 or until they're bought out at a much higher price. I can hold without worry because like Vita I bought it years ago at .15 cents and I hold a lot. 
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