Strathcona Resources Ltd.
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See all $STHRF insider activity →Strathcona Resources plans to export 250,000 barrels per day of crude from British Columbia to Asia via rail and a new marine terminal, pending government approval. The project aims to bypass pipeline delays and reduce reliance on U.S. exports, but faces opposition due to Canada's oil tanker ban and environmental concerns. If approved, it could increase Canada's crude exports from the coast by nearly 50%.
Strathcona Resources Ltd. (TSX: SCR) reported Q2 2026 results: production of 117,022 boe/d (99.7% liquids), operating earnings of $376 million ($1.76/share), and free cash flow of $296 million ($1.38/share). The board declared a $0.30 quarterly dividend. Guidance midpoint for 2026 production remains 122-128 Mbbls/d; capital budget is $1.0 billion.
Strathcona Resources (TSX: SCR) said it achieved first steam at its Meota Central project on June 6, 2026. Construction is complete at about $345 million, 3% under budget. First oil is expected late Q3 2026, targeting ~13,000 bbl/d peak by mid-2027. The company also plans a July 9 field tour covering Meota Central and its Lloydminster thermal business.
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Strathcona Resources plans to export 250,000 barrels per day of crude from British Columbia to Asia via rail and a new marine terminal, pending government approval. The project aims to bypass pipeline delays and reduce reliance on U.S. exports, but faces opposition due to Canada's oil tanker ban and environmental concerns. If approved, it could increase Canada's crude exports from the coast by nearly 50%.
Strathcona Resources Ltd. (TSX: SCR) reported Q2 2026 results: production of 117,022 boe/d (99.7% liquids), operating earnings of $376 million ($1.76/share), and free cash flow of $296 million ($1.38/share). The board declared a $0.30 quarterly dividend. Guidance midpoint for 2026 production remains 122-128 Mbbls/d; capital budget is $1.0 billion.
Strathcona Resources (TSX: SCR) said it achieved first steam at its Meota Central project on June 6, 2026. Construction is complete at about $345 million, 3% under budget. First oil is expected late Q3 2026, targeting ~13,000 bbl/d peak by mid-2027. The company also plans a July 9 field tour covering Meota Central and its Lloydminster thermal business.
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Strathcona Resources plans to export 250,000 barrels per day of crude from British Columbia to Asia via rail and a new marine terminal, pending government approval. The project aims to bypass pipeline delays and reduce reliance on U.S. exports, but faces opposition due to Canada's oil tanker ban and environmental concerns. If approved, it could increase Canada's crude exports from the coast by nearly 50%.
2 min readStrathcona Resources Ltd. (TSX: SCR) reported Q2 2026 results: production of 117,022 boe/d (99.7% liquids), operating earnings of $376 million ($1.76/share), and free cash flow of $296 million ($1.38/share). The board declared a $0.30 quarterly dividend. Guidance midpoint for 2026 production remains 122-128 Mbbls/d; capital budget is $1.0 billion.
4 min readStrathcona Resources (TSX: SCR) said it achieved first steam at its Meota Central project on June 6, 2026. Construction is complete at about $345 million, 3% under budget. First oil is expected late Q3 2026, targeting ~13,000 bbl/d peak by mid-2027. The company also plans a July 9 field tour covering Meota Central and its Lloydminster thermal business.
2 min read
