Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Strathcona Resources Ltd 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 Bosoxpjon Mar 27, 2024 7:50pm
106 Views
Post# 35956875

RE:RE:Conference Call

RE:RE:Conference Call

Nothing surprising,  holding off tying in 3 wells due to  weak gas prices.


Questions regarding RoC - sidestepped the question of when and exactly how.   Stated small divi with specials.  Didn't answer question on buy backs.  stated they were very comfortable with and will be staying firm with 2.5B debt.  Committed to majority of cashflow back to shareholders.   Added some debt this quarter that is why they are around 2.7b debt. Expect to reach debt leeceln q2 or q3.


Question regarding aquisition future :   They want to, but not worth pursuing at the current share prices. If they do an aquisition plan to use stock. That is why they decided to go public. Quite without adding debt.  Nothing new..

 


 

<< Previous
Bullboard Posts
Next >>