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TSE:SCR
This summary was created by AI, based on 2 opinions in the last 12 months.
Strathcona Resources (SCR) has announced a special distribution of $10.00 per share contingent upon the failure of its takeover bid for MEG, which has since been terminated. Shareholders are set to meet on November 27, 2025, to approve the plan for this distribution. The company boasts a reasonably robust balance sheet, featuring an equity position of $6.6 billion, minimal net debt, and $1.3 billion in cash, reflected in a low total debt/equity ratio of 0.2X. However, there are concerns regarding the asset quality relative to its peers, with overlapping opinions that MEG's assets may possess superior quality. Despite these challenges, the consensus leans towards likelihood of approval for the distribution, especially with support from the primary owner. Investors should remain aware that the share price is expected to decline post-distribution by a similar amount, yet holding the stock may still be favorable given its recent momentum.
Legalization of sports gambling is opening up. He likes names like DKNG, as it's larger and with more opportunities. There will be lots of competition in the space. Exciting market for the long term.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It has had a huge run, up 533% this year. The recent weakness is probably profit taking in case results are weak. Revenue remains very low but this is to be expected and this quarter does not change long term potential. Per share loss should be lower than last year. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The growth outlook is very positive with key bills being introduced for debate by the government. The reverse split has occurred. The stock is up 245% this year and expectations are very high. Decide on a weighting and sell into strength accordingly. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The consolidation is effective on February 18. 5i would recommend to trim on position size rather than trying to time the market. The price is not guaranteed to drop so you should look at weighting more than price. The stock will reverse split 1:10. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. It has built a solid platform and user base. They are well positioned to monetize through gambling. Revenues are growing and the balance sheet looks decent. 20% is owned by insiders. Unlock Premium - Try 5i Free
Strathcona Resources is a Canadian stock, trading under the symbol SCR.TO (previously SCR-T on Stockchase) on the Toronto Stock Exchange (SCR-CT). It is usually referred to as TSX:SCR or SCR.TO
In the last year, 2 stock analysts issued a Buy, Sell, or Hold rating on SCR.TO (previously SCR-T on Stockchase). 0 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is PAST TOP PICK. Read the latest stock experts' ratings for Strathcona Resources.
Strathcona Resources was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Strathcona Resources.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Strathcona Resources.
Strathcona Resources is covered by Stockchase experts and is worth watching.
On 2026-06-19, Strathcona Resources (SCR.TO) stock closed at a price of $41.01.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The revenue of $6.4M missed estimates by 31%. Loss was also much worse than expected. The company continues to move into new states and media revenue grew sharply. Another capital raise would not be surprising with the US rollout. Results were weak but the potential is still there. Unlock Premium - Try 5i Free