Strathcona Resources Ltd. (SCR) To Go Ex-Dividend on September 11th

Strathcona Resources Ltd. (TSE:SCR) announced a quarterly dividend on Friday, September 11th. Stockholders of record on Monday, September 21st will be given a dividend of 0.30 per share on Monday, September 21st. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, September 11th.

Strathcona Resources Trading Up 2.8%

Shares of SCR opened at C$44.31 on Wednesday. Strathcona Resources has a 1-year low of C$25.79 and a 1-year high of C$51.70. The company has a current ratio of 0.43, a quick ratio of 11.09 and a debt-to-equity ratio of 43.82. The firm’s 50-day moving average price is C$41.34 and its 200-day moving average price is C$40.62. The firm has a market capitalization of C$9.49 billion, a price-to-earnings ratio of 11.25, a PEG ratio of -2.02 and a beta of 2.61.

Strathcona Resources (TSE:SCR) last released its quarterly earnings results on Thursday, August 6th. The company reported C$1.76 earnings per share (EPS) for the quarter. Strathcona Resources had a net margin of 19.41% and a return on equity of 17.02%. The company had revenue of C$2.73 billion during the quarter. Sell-side analysts anticipate that Strathcona Resources will post 2.8494405 EPS for the current year.

Strathcona Resources Company Profile

Strathcona is one of North America’s fastest growing pure play heavy oil producers with operations focused on thermal oil and enhanced oil recovery. Strathcona is built on an innovative approach to growth achieved through the consolidation and development of long-life assets. The Company has three operations, including Cold Lake, Lloydminster Thermal and Lloydminster Conventional. Strathcona is a major producer in the Cold Lake region of Alberta. Our operations include thermal oil producing assets at Lindbergh, Orion and Tucker, with production from best-in-class steam-assisted gravity drainage (SAGD) oil assets.