Shares of Strathcona Resources Ltd. (OTCMKTS:BKBEF – Get Free Report) were down 2.6% during trading on Friday. The stock traded as low as $1.3680 and last traded at $1.3740. Approximately 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 Price Performance
The business’s fifty day moving average price is $1.37 and its two-hundred day moving average price is $1.37.
About Strathcona Resources
Strathcona Resources Ltd. is a Canadian oil and gas company focused on the development, production and processing of heavy oil, thermal oil and other crude oil resources. Its operations include oil sands and conventional production assets, with an emphasis on long-life, low-decline resource projects.
The company’s primary operating areas are located in Western Canada, including the Cold Lake and Lloydminster regions of Alberta and Saskatchewan. Its activities span resource development, drilling, production, field operations and related processing infrastructure, and its products are supplied to Canadian and broader North American energy markets.
Strathcona was established in 2017 and has expanded through acquisitions and the consolidation of Canadian oil and gas assets.
See Also
- Five stocks we like better than Strathcona Resources
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
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.
