Strathcona Resources Ltd. (OTCMKTS:BKBEF – Get Free Report)’s stock price dropped 2.6% during trading on Friday . The stock traded as low as $1.3680 and last traded at $1.3740. 83,600 shares changed hands during trading, an increase of 118% from the average session volume of 38,292 shares. The stock had previously closed at $1.41.
Strathcona Resources Stock Down 2.6%
The business has a fifty day moving average of $1.37 and a two-hundred day moving average of $1.37.
About Strathcona Resources
Strathcona Resources Ltd. is a Calgary-based energy company engaged in the exploration, development and production of light crude oil and natural gas liquids in western Canada. The company focuses on conventional and unconventional plays across Alberta and Saskatchewan, applying horizontal drilling and multi-stage hydraulic fracturing to optimize recovery from its asset base. Production is marketed under both term and spot arrangements to major refineries in Canada and the northern United States.
Strathcona holds interests in several core areas, including liquids-rich natural gas formations and light oil reservoirs.
See Also
- Five stocks we like better than Strathcona Resources
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Receive News & Ratings for Strathcona Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strathcona Resources and related companies with MarketBeat.com's FREE daily email newsletter.
