Strathcona Resources Ltd.

Readers are advised to review the "Presentation of Reserves and Other Oil and Gas Information" and "Non-GAAP Financial Measures and Ratios" at the conclusion of this news release for information regarding the presentation of the reserves information, as well as certain oil and gas metrics, and certain financial measures that do not have standardized meaning under generally accepted accounting principles, contained in this [...]

Strathcona Resources Ltd. today announced that Waterous Energy Fund Co-investment LP and Waterous Energy Fund Co-investment LP , two of the limited partnerships comprising Waterous Energy Fund , have completed a share pass-through transaction resulting in the disposition of 24,010,576 common shares of Strathcona, representing approximately 11.2% of the issued and outstanding common shares of Strathcona, by the WEF Funds [...]

Strathcona Resources Ltd. will release its fourth quarter 2024 financial and operating results after market close on March 5, 2025. Strathcona will host a conference call on March 6, 2025, starting at 9:00AM MT , to review the Company's fourth quarter 2024 results. Date: Thursday, March 6, 2025 Time: 11:00AM ET URL Entry: To join without operator assistance, register here up to 15 minutes before the start time. Enter your [...]

Strathcona Resources Ltd. today reported its third quarter 2024 financial and operational results and announced 2025 Guidance. The Board of Directors also declared a quarterly dividend of $0.25 per share to be paid on December 31, 2024 to shareholders of record on December 16, 2024. Highlights Production of 178,235 boe/d Operating Earnings of $265.4 million Free Cash Flow of $200.6 million Three Months Ended Nine Months [...]

Strathcona Resources Ltd. today announced the retirement of Rob Morgan as President and CEO, effective October 31, 2024. "On behalf of the board of directors, I would like to sincerely thank Rob for his leadership at Strathcona," commented Adam Waterous, Strathcona's Executive Chairman, adding, "Over the past seven years, Rob has overseen Strathcona's transformation from a junior oil company with approximately 17,000 [...]

Strathcona Resources Ltd. will release its third quarter 2024 financial and operating results after market close on November 13, 2024. Strathcona will host an Investor Day event on November 14, 2024, starting at 9:00AM MT , where Strathcona's executive team will review the Company's operations, performance and near-and long-term priorities. This event will replace the third quarter 2024 conference call. In-person [...]

Strathcona Resources Ltd. today reported its second quarter 2024 financial and operational results. The Board of Directors also declared its inaugural base quarterly dividend of $0.25 per share to be paid on September 27, 2024 to shareholders of record on September 16, 2024. Highlights Production of 181,766 boe/d Operating Earnings of $306.1 million Free Cash Flow of $247.3 million Three Months Ended Six Months Ended June [...]

Strathcona Resources Ltd. today announced a strategic partnership with Canada Growth Fund , a $15 billion arm's-length public investment vehicle, for the development of carbon capture and sequestration infrastructure on Strathcona's steam-assisted gravity drainage oil sands facilities across Saskatchewan and Alberta. Under the terms of the arrangement, CGF will invest up to $1 billion toward CCS infrastructure on [...]

Strathcona Resources Ltd. will release its second quarter 2024 financial and operating results after market close on August 13, 2024. Strathcona will host a conference call on August 14, 2024, starting at 9:00AM MT , to review the Company's second quarter 2024 results. Date: Wednesday, August 14, 2024 Time: 11:00AM ET URL Entry: To join without operator assistance, register here up to 15 minutes before the start time [...]

Strathcona Resources Ltd. today reported its first quarter 2024 financial and operational results. Highlights Production of 185,122 boe/d Operating Earnings of $209.0 million Free Cash Flow of $157.9 million Three Months Ended March 31, 2024 March 31, 2023 December 31, 2023 WTI 76.96 76.13 78.32 WCS Hardisty 77.77 69.31 76.85 AECO 5A 2.50 3.22 2.30 Bitumen 60,150 51,097 59,845 Heavy oil 51,835 57,443 52,736 Condensate and [...]