Professional
Added to YB: 2025-07-03
Pitch date: 2025-06-30
SCR.TO [neutral]
Strathcona Resources Ltd.
+37.94%
current return
Author Info
Nugget Capital Partners is a research analyst specializing in resources w/ focus on energy. Sign up for the newsletter.
Company Info
Strathcona Resources Ltd. acquires, explores, develops, and produces petroleum and natural gas reserves in Canada.
Market Cap
CAD 7.9B
Pitch Price
CAD 30.40
Price Target
N/A
Dividend
3.26%
EV/EBITDA
5.41
P/E
12.33
EV/Sales
2.17
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
Recent Portfolio Moves - Strathcona Resources Ltd.
SCR.TO (holding update): Strathcona sold natural gas assets to buy 10%+ stake in MEG Energy at 52-week lows, now pursuing takeover. Buy SCR vs MEG for same exposure at lower multiple. Catalysts: potential indexing driving fund buying, multiple re-rate from increased liquidity, upside torque from oilsands exposure when sector interest returns.
Read full article (1 min)