Strathcona Resources Ltd.
27.20
EUR
-0.60
(-2.16%)
ISIN
CA8629522076
CUSIP
862952207
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
CAD
•
in mil. unless spec.Working Capital
CAD
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in mil. unless spec.Growth Rates
CAD
•
in mil. unless spec.Quarterly Revenue
CAD
•
in mil. unless spec.Quarterly Earnings Per Share
CAD
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in mil. unless spec.Quarterly Dividends Per Share
CAD
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in mil. unless spec.Company Description
- CEO
- David Roosth
- Full Time Employees
- 797
- Sector
- Energy minerals
- Industry
- Integrated oil
- Address
- 421 – 7 Avenue SW Calgary AB Canada T2P 4K9
- IPO Date
- Aug 1, 2023
- Website
- strathconaresources.com
- Similar Companies
- Business
- Strathcona Resources Ltd. is a Calgary, Alberta-based pure-play heavy oil producer focused on acquiring, exploring, developing and producing petroleum and natural gas reserves in Canada, operating primarily through thermal oil via steam-assisted gravity drainage (SAGD) and enhanced oil recovery (EOR) techniques in the Cold Lake and Lloydminster regions of Alberta and Saskatchewan. The company produces heavy oil from key assets including Lindbergh, Orion and Tucker in Cold Lake; modular SAGD facilities in Lloydminster Thermal, Saskatchewan; and conventional heavy oil reservoirs with EOR opportunities in southeast Alberta and southwest Saskatchewan, targeting long-life, low-decline resources for high-margin output. Headquartered at 421 - 7th Avenue S.W., Suite 1900, Calgary, with approximately 797 employees, Strathcona traces its roots to the combination of predecessor entities Strath Resources Ltd. and Cona Resources Ltd. backed by Waterous Energy Fund, going public in 2024 via the acquisition of Pipestone Energy Corp. and subsequently divesting Montney gas assets to focus exclusively on heavy oil. Recent developments include the November 2025 closing of the acquisition of the Vawn Thermal Project and 43 net sections of undeveloped thermal lands at Glenbogie, Plover Lake and Lindbergh, enhancing long-term production capacity by approximately 35,000 barrels per day at capital efficiencies below $30,000 per barrel per day; confirmation of additional common shares acquired in MEG Energy Corp. in September 2025; and updated 2026 guidance reflecting expanded five-year plans with cumulative growth potential exceeding 100,000 barrels per day by 2035 across projects like Glenbogie, Plover Lake West, Taiga and Bellis.
Company News
Strathcona Resources Ltd. Reports Second Quarter 2026 Financial and Operating Results and Announces Quarterly Dividend