Strathcona Resources (TSE:SCR) Hits New 1-Year High – Here’s Why

Posted by Geri Gentry on May 23rd, 2026

Strathcona Resources Ltd. (TSE:SCR – Get Free Report)’s stock price hit a new 52-week high on Thursday . The company traded as high as C$51.70 and last traded at C$48.81, with a volume of 634116 shares. The stock had previously closed at C$51.33.

Analysts Set New Price Targets

SCR has been the subject of a number of research reports. National Bank Financial raised their target price on shares of Strathcona Resources from C$41.00 to C$69.00 and gave the stock an “outperform” rating in a report on Tuesday, March 31st. Royal Bank Of Canada raised their target price on shares of Strathcona Resources from C$36.00 to C$49.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 8th. Roth Mkm set a C$40.00 target price on shares of Strathcona Resources and gave the stock a “buy” rating in a report on Tuesday, March 10th. Finally, TD Securities upgraded shares of Strathcona Resources from a “hold” rating to a “strong-buy” rating in a report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of C$39.14.

Read Our Latest Analysis on Strathcona Resources

Strathcona Resources Stock Up 0.1%

The stock’s fifty day moving average is C$41.15 and its two-hundred day moving average is C$36.18. The company has a debt-to-equity ratio of 50.35, a current ratio of 0.39 and a quick ratio of 11.09. The stock has a market capitalization of C$10.15 billion, a P/E ratio of 13.65, a PEG ratio of -2.02 and a beta of 2.61.

Strathcona Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 27th were paid a $0.30 dividend. The ex-dividend date of this dividend was Friday, March 20th. This represents a $1.20 dividend on an annualized basis and a yield of 2.5%. Strathcona Resources’s dividend payout ratio (DPR) is currently 34.58%.

About Strathcona Resources

(Get Free Report)

Strathcona is one of North America’s fastest growing pure play heavy oil producers with operations focused on thermal oil and enhanced oil recovery. Strathcona is built on an innovative approach to growth achieved through the consolidation and development of long-life assets. The Company has three operations, including Cold Lake, Lloydminster Thermal and Lloydminster Conventional. Strathcona is a major producer in the Cold Lake region of Alberta. Our operations include thermal oil producing assets at Lindbergh, Orion and Tucker, with production from best-in-class steam-assisted gravity drainage (SAGD) oil assets.