Added to YB: 2025-08-20
Pitch date: 2025-08-18
SCR.TO [bullish]
Strathcona Resources Ltd.
-0.5%
current return
Author Info
Berczy Park Capital is a private family office in Toronto, Canada. 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 38.37
Price Target
N/A
Dividend
3.26%
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
Strathcona Resources (SCR): On the Verge of Price Discovery?
SCR.TO: Pending S&P/TSX inclusion Sept 5 could trigger 10+ days of passive buying (3-4% of 40M float), vital as SCR pursues MEG deal. MEG now trades in line with SCR offer. Post-merger: $15B+ cap, 220k+ BOE/d SAGD producer, 50yr reserves, NYSE uplist potential. Waterous ownership drives value; Greenfire acquisition next target? Risks: MEG rejection, but $10/sh distribution possible.
Read full article (4 min)