Shares of Strathcona Resources Ltd. (OTCMKTS:BKBEF – Get Free Report) fell 2.6% during trading on Friday. The company traded as low as $1.3680 and last traded at $1.3740. Approximately 83,600 shares changed hands during trading, an increase of 118% from the average daily volume of 38,292 shares. The stock had previously closed at $1.41.
Strathcona Resources Price Performance
The firm has a 50-day moving average of $1.37 and a two-hundred day moving average of $1.37.
Strathcona Resources Company Profile
Strathcona Resources Ltd. is a Canadian energy company focused on the exploration, development and production of oil and natural gas. Its operations are concentrated in Western Canada, with a particular emphasis on thermal oil and heavy oil resources. The company produces crude oil, natural gas and natural gas liquids for domestic and international markets.
Strathcona’s principal asset areas include the Cold Lake and Lloydminster regions of Alberta and Saskatchewan, where it operates thermal and conventional heavy-oil properties.
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