TSX:SCROil and Gas
Strathcona Resources (TSX:SCR) Is Up 24.8% After Authorizing A New Share Buyback Plan - Has The Bull Case Changed?
Strathcona Resources Ltd. recently reported full-year 2025 results, with revenue of CA$3,682 million and net income of CA$911 million, and its Board authorized a normal course issuer bid to repurchase up to 10,700,000 shares, or about 5% of its share capital, subject to TSX approval.
While overall revenue was slightly lower than the prior year, net income and basic earnings per share more than improved, highlighting margin and capital allocation shifts that may influence how investors assess...