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Bullboard - Stock Discussion Forum 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... see more

TSX:SCR - Post Discussion

Strathcona Resources Ltd > something cooking' ?
View:
Post by Huntamun1234 on Feb 15, 2024 11:24am

something cooking' ?


 -- Strathcona Resources Ltd. rose 7%. Trading
volume was double the average for this time of day.
* The shares increased to C$25.67, higher than any close since
Nov. 6, from C$23.98. 
* The stock was the best performer among its peers.
* The Canada S&P/TSX rose 0.9%. 


Market Metrics


* Trading volume was 25,285 shares, double the 20-day average of
12,212 shares for this time of day. 
* Of shares that were traded, 47% were at the ask price and 18%
were at the bid.


Market Insights


* Stock declined 14% in the past 52 weeks. The Canada S&P/TSX
gained 1.8%. 
* The shares are up 13% in the past five days and rose 8.5% in
the past 30 days. 
* Short interest was equal to 9.9 days of average trading
volume. In the previous two years, the short-interest ratio
ranged from 4.3 days to 12 days. Shares sold short amount to 3%
of float. 


Analyst Activity


* Analysts have three buy, four hold, and no sell
recommendations on the stock.
* The consensus rating is 3.9, on a 1-5 scale with 1 meaning
strong sell and 5 meaning strong buy.
* The price target of C$30 represents a 17% increase from the
last price
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