Shares of Strathcona Resources Ltd. (OTCMKTS:BKBEF – Get Free Report) dropped 2.6% on Tuesday . The company traded as low as $1.3680 and last traded at $1.3740. Approximately 83,600 shares traded hands during trading, an increase of 118% from the average daily volume of 38,292 shares. The stock had previously closed at $1.41.
Strathcona Resources Price Performance
The company’s 50-day moving average is $1.37 and its 200 day moving average is $1.37.
Strathcona Resources Company Profile
Strathcona Resources Ltd. is a Calgary-based energy company engaged in the exploration, development and production of light crude oil and natural gas liquids in western Canada. The company focuses on conventional and unconventional plays across Alberta and Saskatchewan, applying horizontal drilling and multi-stage hydraulic fracturing to optimize recovery from its asset base. Production is marketed under both term and spot arrangements to major refineries in Canada and the northern United States.
Strathcona holds interests in several core areas, including liquids-rich natural gas formations and light oil reservoirs.
Read More
- Five stocks we like better than Strathcona Resources
- America’s Next Power Move Starts Underground
- Your Signature Is Missing – Act Before It’s Too Late
- URGENT: Trump Just Triggered AI’s Biggest Disruption Yet
- NEW LAW: Congress Approves Setup For Digital Dollar?
- The biggest scam in the history of gold markets is unwinding
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.
