Shares of Strathcona Resources Ltd. (OTCMKTS:BKBEF – Get Free Report) traded down 2.6% on Friday. The stock traded as low as $1.3680 and last traded at $1.3740. 83,600 shares changed hands during mid-day 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 stock’s fifty day simple moving average is $1.37 and its 200-day simple moving average is $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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