Analyst Price Target is C$36.38
▲ +31.41% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Strathcona Resources in the last 3 months. The average price target is C$36.38, with a high forecast of C$42.00 and a low forecast of C$31.00. The average price target represents a 31.41% upside from the last price of C$27.68.
Current Consensus is
Moderate Buy
The current consensus among 6 polled investment analysts is to moderate buy stock in Strathcona Resources. This rating has held steady since May 2024, when it changed from a Hold consensus rating.
Strathcona Resources Ltd. acquires, explores, develops, and produces petroleum and natural gas reserves in Canada. It operates through three segments: Cold Lake Thermal, Lloydminster Heavy Oil, and Montney. The Cold Lake Thermal segment includes three producing assets in the Cold Lake region of Northern Alberta; and Lindbergh, Orion, and Tucker. The Lloydminster Heavy Oil segment has multiple oil-in-place reservoirs accessed through enhanced oil recovery techniques and thermal steam-assisted gravity drainage located in Southwest Saskatchewan. The Montney segment includes assets in the Northwest Alberta Kakwa region; Grande Prairie regions; and the Northeast British Columbia Groundbirch region. Strathcona Resources Ltd. was incorporated in 2009 and is headquartered in Calgary, Canada.
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