This summary was created by AI, based on 3 opinions in the last 12 months.
The reviews for Strathcona Resources (SCR-T) are mixed. One expert praises the skilled management team and the attractive share price per following barrel, while another criticizes the lack of synergies and the substantial producer's preference for a pure play of either heavy oil or natural gas. The acquisition of Pipestone is deemed good but not beneficial for Pipestone shareholders. Lack of liquidity, not trading at a significant discount, and high debt are also concerns. Overall, there are both positive and negative aspects to consider.
A young company that's bought several companies and have accumulated a lot of heavy oil production. In their favour are the shrinking differential with WCS oil and lot of drilling inventory, but not in their favour is liquidity is tight, because a single energy fund owns so many shares and likely won't sell. It boasts a decent 15% cash flow. Are better peers to buy though he's tempted by this.
Skilled management team. Share price per following barrel is extremely attractive. Tight liquidity, but excellent for retail investors.
Weird mix, no synergies between them. Substantial producer. Prefers a pure play of either heavy oil or natural gas, as the dynamics of each are different. Just buy TOU, or see his Top Picks.
Good deal buying Pipestone (not good for Pipestone shareholders). No liquidity in stock. Not trading at largest enough discount to justify investment. Better names in sector. Lots of debt also a concern. Hard for large investors to buy meaningful amount of shares.
Strathcona Resources is a Canadian stock, trading under the symbol SCR-T on the Toronto Stock Exchange (SCR-CT). It is usually referred to as TSX:SCR or SCR-T
In the last year, 4 stock analysts published opinions about SCR-T. 0 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Strathcona Resources.
Strathcona Resources was recommended as a Top Pick by on . Read the latest stock experts ratings for Strathcona Resources.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Strathcona Resources published on Stockchase.
On 2024-10-08, Strathcona Resources (SCR-T) stock closed at a price of $28.11.
Resource rich. Public-private, given how much some stakeholders own. Liquidity is quite poor, trying to fix this with a wall of stock coming at us. Metrics screen very well. Meaningful upside, but you can't just buy based on an Excel spreadsheet, must be aware of other elements at play.