Strathcona Resources Ltd. (TSE:SCR) Declares $0.30 Quarterly Dividend

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

Strathcona Resources Stock Performance

TSE 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 debt-to-equity ratio of 43.82, a current ratio of 0.43 and a quick ratio of 11.09. The stock has a market capitalization of C$9.49 billion, a PE ratio of 11.25, a P/E/G ratio of -2.02 and a beta of 2.61. The company’s 50 day simple moving average is C$41.34 and its two-hundred day simple moving average is C$40.62.

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