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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 Jun 24, 2024 11:27pm
184 Views
Post# 36104390

RE:RE:Upcoming Dividend

RE:RE:Upcoming Dividend

I could see the $1 share. That would be sustainable with oil as low as $61-62 and leave plenty of room for specials as they seem to be in favor of.  


Id love to see debt be paid back aggressively , but I think they will get the share price more respectable and figure out ways to buy back Waterous shares l get some money back whole not drying up liquidity any more than it currently is. They alluded to that at last conference call, but I'm not sure of how that would be executed and at what shareprice that would be on the table. 

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