Previous Close | 31.16 |
Open | 31.16 |
Bid | 31.05 x N/A |
Ask | 31.22 x N/A |
Day's Range | 30.62 - 31.25 |
52 Week Range | 1.86 - 37.69 |
Volume | |
Avg. Volume | 42,503 |
Market Cap | 6.688B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 11.19 |
EPS (TTM) | 2.79 |
Earnings Date | Mar 06, 2024 - Mar 11, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 37.00 |
Canada Growth Fund Inc. ("CGF") is pleased to announce a strategic partnership (the "SAGD CCS Partnership") with Strathcona Resources Ltd. ("Strathcona") (TSX: SCR), to build carbon capture and sequestration ("CCS") infrastructure on Strathcona's steam-assisted gravity drainage ("SAGD") oil sands facilities across Saskatchewan and Alberta. Through the SAGD CCS Partnership, Strathcona will seek to capture and permanently store up to two million tonnes of carbon dioxide ("CO2") annually, with CGF
(Bloomberg) -- Canadian driller Strathcona Resources Ltd. is planning as much as C$2 billion ($1.5 billion) in projects to capture carbon dioxide emissions from its oil-sands operations, helped by backing from a Canadian public investment vehicle.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatArchegos’ Bill Hwang Convicted of Fraud, Market ManipulationBiden Aides to Meet Senators After Pelosi Remarks Deal BlowNATO Singles Out China Over Its Support for Russia
Strathcona Resources Ltd. ("Strathcona" or the "Company") (TSX: SCR) today announced a strategic partnership with Canada Growth Fund ("CGF"), a $15 billion arm's-length public investment vehicle, for the development of carbon capture and sequestration (CCS) infrastructure on Strathcona's steam-assisted gravity drainage (SAGD) oil sands facilities across Saskatchewan and Alberta.