Should I buy or sell Strathcona Resources stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Strathcona Resources in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SCR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SCR, but not buy additional shares or sell existing shares. View SCR analyst ratings or view top-rated stocks .

What is Strathcona Resources' stock price target for 2024?

7 Wall Street research analysts have issued 1 year target prices for Strathcona Resources' stock. Their SCR share price targets range from C$31.00 to C$40.00. On average, they expect the company's stock price to reach C$34.57 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price. View analysts price targets for SCR or view top-rated stocks among Wall Street analysts .

How have SCR shares performed in 2024?

Strathcona Resources' stock was trading at C$21.43 at the beginning of the year. Since then, SCR stock has increased by 51.7% and is now trading at C$32.51. View the best growth stocks for 2024 here .

When is Strathcona Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our SCR earnings forecast .

How were Strathcona Resources' earnings last quarter?

Strathcona Resources Ltd. (TSE:SCR) posted its quarterly earnings data on Tuesday, March, 26th. The company reported $1.23 earnings per share for the quarter, missing analysts' consensus estimates of $1.32 by $0.09. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $869 million. Strathcona Resources had a trailing twelve-month return on equity of 12.32% and a net margin of 13.63%.

When did Strathcona Resources' stock split?

Shares of Strathcona Resources 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 closing bell 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 .

TSE:SCR

Strathcona Resources (SCR) Stock Price, News & Analysis

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Free SCR Stock Alerts

C$32.51

-0.09 (-0.28%)

(As of 04/17/2024 ET)

Compare

Today's Range: C$31.51
▼
C$33.43
50-Day Range: C$22.67
▼
C$34.18
52-Week Range: C$20.16
▼
C$34.98

Volume: 58,205 shs
Average Volume: 43,841 shs
Market Capitalization: C$6.96 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$34.57

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

Get Strathcona Resources alerts:

Strathcona Resources MarketRank™ Stock Analysis

Analyst Rating: Hold
2.29 Rating Score
Upside/Downside: 6.3% Upside
C$34.57 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.41
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.10 out of 5 stars

1.1

Analyst's Opinion

Consensus Rating
Strathcona Resources has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Strathcona Resources has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for SCR.

0.0

Dividend Strength

Dividend Yield
Strathcona Resources does not currently pay a dividend.
Dividend Growth
Strathcona Resources does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SCR.

2.4

News and Social Media Coverage

News Sentiment
Strathcona Resources has a news sentiment score of 0.41. 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 news sentiment score is similar to the average news sentiment of Energy companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Strathcona Resources this week, compared to 0 articles on an average week.
Search Interest
Only 2 people have searched for SCR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
1 people have added Strathcona Resources to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Strathcona Resources insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.01% of the stock of Strathcona Resources is held by insiders.
Percentage Held by Institutions
92.01% of the stock of Strathcona Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Strathcona Resources is -14.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Strathcona Resources is -14.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
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 2.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Strathcona Resources Stock (TSE:SCR)

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.

SCR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SCR Stock News Headlines

April 17, 2024 | seekingalpha.com

Strathcona Resources: Expect Dividends As Debt Target Will Be Reached Soon

April 16, 2024 | americanbankingnews.com

Strathcona Resources Ltd. (TSE:SCR) Receives Consensus Recommendation of "Hold" from Brokerages

April 18, 2024 | Insiders Exposed (Ad)

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April 15, 2024 | finance.yahoo.com

/C O R R E C T I O N from Source -- Strathcona Resources Ltd./

April 14, 2024 | americanbankingnews.com

Strathcona Resources (TSE:SCR) PT Raised to C$36.00 at Jefferies Financial Group

April 10, 2024 | americanbankingnews.com

Strathcona Resources (TSE:SCR) Given New C$38.00 Price Target at Royal Bank of Canada

March 28, 2024 | finance.yahoo.com

A Note On Strathcona Resources Ltd.'s (TSE:SCR) ROE and Debt To Equity

March 27, 2024 | msn.com

Strathcona Resources reports Q4 results

April 18, 2024 | Insiders Exposed (Ad)

This consistently signaled gains of 453%... 610%... and even 1036%...

March 26, 2024 | finance.yahoo.com

Strathcona Resources Ltd. Reports Fourth Quarter and Full Year 2023 Financial and Operating Results

March 11, 2024 | finance.yahoo.com

Strathcona Resources Ltd. Reports Year End 2023 Reserves

February 8, 2024 | finance.yahoo.com

Strathcona Announces Q4 2023 Conference Call

January 4, 2024 | investing.com

Strathcona Resources Ltd (SCR)

December 26, 2023 | seekingalpha.com

Strathcona Resources: Now Cheap Enough To Consider This Oil Producer

November 15, 2023 | uk.finance.yahoo.com

Strathcona Resources Ltd. (SCR.TO)

October 19, 2023 | finance.yahoo.com

Strathcona Resources Ltd. Announces Q3 2023 Conference Call

July 5, 2023 | msn.com

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Company Calendar

Last Earnings: 3/26/2024
Today: 4/17/2024
Next Earnings (Confirmed): 5/14/2024

Get Stock Alerts

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$34.57
High Stock Price Target: C$40.00
Low Stock Price Target: C$31.00
Potential Upside/Downside: +6.3%
Consensus Rating: Hold
Rating Score (0-4): 2.29
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($2.19)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 7.35
P/E Growth: -2.02
Net Income: C$587.20 million
Net Margins: 13.63%
Pretax Margin: N/A
Return on Equity: 12.32%
Return on Assets: 6.99%

Debt

Debt-to-Equity Ratio: 58.40
Current Ratio: 0.42
Quick Ratio: 11.09

Sales & Book Value

Annual Sales: C$4.31 billion
Price / Sales: 1.62
Cash Flow: C$3.25 per share
Price / Cash Flow: 9.99
Book Value: C$15.09 per share
Price / Book: 2.15

Miscellaneous

Outstanding Shares: 214,200,000
Free Float: N/A
Market Cap: C$6.96 billion
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Robert Morgan P.Eng. (Age 60)
President, CEO & Director
Comp: $2.75M
Mr. Connor Waterous
Senior VP, CFO & Non-Independent Director
Ms. Connie De Ciancio
VP of Corporate & Director
Mr. Adam R. Waterous (Age 63)
Executive Chairman of the Board
Mr. Larry Pewar
Vice President of Business & Corporate Development
Ms. Wendy Mullane
Vice President of Human Resources
Ms. Noralee M. Bradley LLB.
Corporate Secretary
Mr. John Ross Rooney (Age 67)
Advisor
Comp: $2.58M

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

SCR Stock Analysis - Frequently Asked Questions

Should I buy or sell Strathcona Resources stock right now?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Strathcona Resources in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SCR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SCR, but not buy additional shares or sell existing shares.
View SCR analyst ratings or view top-rated stocks.
What is Strathcona Resources' stock price target for 2024?: 7 Wall Street research analysts have issued 1 year target prices for Strathcona Resources' stock. Their SCR share price targets range from C$31.00 to C$40.00. On average, they expect the company's stock price to reach C$34.57 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price.
View analysts price targets for SCR or view top-rated stocks among Wall Street analysts.
How have SCR shares performed in 2024?: Strathcona Resources' stock was trading at C$21.43 at the beginning of the year. Since then, SCR stock has increased by 51.7% and is now trading at C$32.51.
View the best growth stocks for 2024 here.
When is Strathcona Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our SCR earnings forecast.

How were Strathcona Resources' earnings last quarter?: Strathcona Resources Ltd. (TSE:SCR) posted its quarterly earnings data on Tuesday, March, 26th. The company reported $1.23 earnings per share for the quarter, missing analysts' consensus estimates of $1.32 by $0.09. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $869 million. Strathcona Resources had a trailing twelve-month return on equity of 12.32% and a net margin of 13.63%.
When did Strathcona Resources' stock split?: Shares of Strathcona Resources 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 closing bell 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.

This page (TSE:SCR) was last updated on 4/18/2024 by MarketBeat.com Staff

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Strathcona Resources (SCR) Stock Price, News & Analysis

Strathcona Resources MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Strathcona Resources Stock (TSE:SCR)

SCR Stock Price History

SCR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

SCR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™