Strathcona Resources (SCR) Stock Price, News & Analysis

Company Overview

Strathcona Resources Ltd. acquires, explores, develops, and produces petroleum and natural gas reserves in Canada. It operates through three segments: Cold Lake Thermal, Lloydminster Heavy Oil, and Montney. The Cold Lake Thermal segment includes three producing assets in the Cold Lake region of Northern Alberta; and Lindbergh, Orion, and Tucker. The Lloydminster Heavy Oil segment has multiple oil-in-place reservoirs accessed through enhanced oil recovery techniques and thermal steam-assisted gravity drainage located in Southwest Saskatchewan. The Montney segment includes assets in the Northwest Alberta Kakwa region; Grande Prairie regions; and the Northeast British Columbia Groundbirch region. Strathcona Resources Ltd. was incorporated in 2009 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: C$27.40 to C$28.18
• 50-Day Range: C$26.69 to C$32.61
• 52-Week Range: C$21.35 to C$37.69
• Volume: 37,227 shs
• Average Volume: 39,355 shs
• Market Capitalization: C$5.93 billion
• P/E Ratio: 6.44
• Dividend Yield: 3.61%
• Price Target: C$36.38
• Consensus Rating: Moderate Buy

Strathcona Resources Stock Analysis - MarketRank™

Strathcona Resources scored higher than 72% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Strathcona Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Strathcona Resources has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Strathcona Resources is 6.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.35.

Price to Earnings Ratio vs. Sector

The P/E ratio of Strathcona Resources is 6.44, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 95.81.

Price to Earnings Growth Ratio

Due to a projected decrease in earnings for Strathcona Resources, their PEG ratio cannot be calculated.

Price to Book Value per Share Ratio

Strathcona Resources has a P/B Ratio of 1.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for SCR.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Strathcona Resources is a leading dividend payer. It pays a dividend yield of 3.57%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Strathcona Resources does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Strathcona Resources is 23.26%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for SCR.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.40

News Sentiment

Strathcona Resources has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Strathcona Resources this week, compared to 1 article on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Strathcona Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$142,555.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

91.34% of the stock of Strathcona Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.37% of the stock of Strathcona Resources is held by institutions.

SCR Stock Analysis - Frequently Asked Questions

How have SCR shares performed this year?

Strathcona Resources' stock was trading at C$21.43 on January 1st, 2024. Since then, SCR stock has increased by 29.2% and is now trading at C$27.68.
View the best growth stocks for 2024 here.

When did Strathcona Resources' stock split?

Strathcona Resources's stock reverse split on Thursday, February 18th 2021. The 1-10 reverse split was announced on Friday, February 12th 2021. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, February 17th 2021. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

How do I buy shares of Strathcona Resources?

Shares of SCR stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Strathcona Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Strathcona Resources investors own include Meta Platforms (META), Alibaba Group (BABA), NVIDIA (NVDA), NIO (NIO), Tesla (TSLA), Advanced Micro Devices (AMD) and NIKE (NKE).

Company Calendar

• Ex-Dividend for 9/27 Dividend: 9/16/2024
• Dividend Payable: 9/27/2024
• Ex-Dividend for 12/31 Dividend: 12/16/2024
• Today: 12/21/2024
• Dividend Payable: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: N/A
• Current Symbol: TSE:SCR
• CUSIP: N/A
• CIK: N/A
• Web: corporate.thescore.com
• Phone: 416-479-8812
• Fax: N/A
• Employees: 193
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$36.38
• High Stock Price Target: C$42.00
• Low Stock Price Target: C$31.00
• Potential Upside/Downside: +31.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$4.30
• Trailing P/E Ratio: 6.44
• Forward P/E Ratio: 9.71
• P/E Growth: -2.02
• Net Income: C$550.40 million
• Net Margins: 11.62%
• Pretax Margin: N/A
• Return on Equity: 12.32%
• Return on Assets: 6.81%

Debt

• Debt-to-Equity Ratio: 50.29
• Current Ratio: 0.53
• Quick Ratio: 11.09

Sales & Book Value

• Annual Sales: C$4.74 billion
• Price / Sales: 1.25
• Cash Flow: C$2.77 per share
• Price / Cash Flow: 9.99
• Book Value: C$26.40 per share
• Price / Book: 1.05

Miscellaneous

• Outstanding Shares: 214,240,000
• Free Float: N/A
• Market Cap: C$5.93 billion
• Optionable: Not Optionable
• Beta: N/A