Strathcona Resources News Today

Heavy oil volumes in inventory increased for the second consecutive quarter.

Strathcona Resources Ltd. (OTCMKTS:BKBEF – Get Free Report) shares fell 2.6% during trading on Friday . The stock traded as low as $1.37 and last traded at $1.37. 83,600 shares were traded during trading, an increase of 118% from the average session volume of 38,292 shares. The stock had previously closed at $1.41. Strathcona Resources […]

Shares of Strathcona Resources Ltd. (TSE:SCR – Get Free Report) have earned a consensus recommendation of “Hold” from the seven analysts that are covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price objective […]

Shares of Strathcona Resources Ltd. (TSE:SCR – Get Free Report) have been given an average rating of “Hold” by the seven research firms that are covering the company, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 […]

Inside the Market’s roundup of some of today’s key analyst actions

(Bloomberg) -- A US-style megadeal is possible in Canada’s oil patch as investors increasingly seek large, low-cost producers, though the pressures that pushed Exxon Mobil Corp. and Chevron Corp. to pursue blockbuster takeovers aren’t as strong north of the border, says Bank of Montreal’s top energy banker.Most Read from BloombergTrumpism Is Emptying ChurchesIran’s Better, Stealthier Drones Are Remaking Global WarfareBillionaire Geiger, Blackstone Near L’Occita...

A trend likely to continue in the energy sector in the U.S. and Canada is producers doubling down on their core production areas, rather than seeking to diversify.

Big tech may be driving the stock market, but after a blow-out first quarter, big oil would like a word.

-- RBC Capital Markets said Monday that its constructive stance towards Strathcona Resources Ltd. reflects the companys solid operating performance and robust shareholder alignment. RBC said it...

NOTICE OF ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS TO BE HELD ON THURSDAY, MAY 2, 2024 NOTICE IS HEREBY GIVEN that an annual and special...