Strathcona Resources Ltd 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.

TSX:SCR - Post by User

Strathcona Resources Ltd

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Post by Huntamun1234on Apr 09, 2024 7:57pm

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Post# 35980244

RBC Capital

STHRF: Strathcona Resources price target raised to C$38 from C$31 at RBC Capital
2024-04-09 11:59:59.847 GMT

RBC Capital analyst Greg Pardy raised the firm's price target on Strathcona
Resources to C$38 from C$31 and keeps a Sector Perform rating on the shares as
part of a broader research note previewing Integrated Oil and Senior E&P. The
firm has boosted its one-year target prices across the board driven by
improving fundamentals, the analyst tells investors in a research note.

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