Strathcona Resources Ltd.
Strathcona Resources Ltd. acquires, explores, develops, and produces petroleum and natural gas reserves in Canada. It operates through three segments: Cold Lake, Lloydminster, and Montney segments. The Cold Lake Thermal segment includes three producing assets in the Cold Lake region of Northern Alberta; and Lindbergh, Orion, and Tucker. The Lloydminster Heavy Oil segment has multiple oil-in-place… Read more
Strathcona Resources Ltd. (STHRF) - Net Assets
Latest net assets as of June 2025: $6.13 Billion USD
Based on the latest financial reports, Strathcona Resources Ltd. (STHRF) has net assets worth $6.13 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.54 Billion) and total liabilities ($6.41 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $6.13 Billion |
| % of Total Assets | 48.89% |
| Annual Growth Rate | 17.71% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.72 |
Strathcona Resources Ltd. - Net Assets Trend (2022–2024)
This chart illustrates how Strathcona Resources Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Strathcona Resources Ltd. (2022–2024)
The table below shows the annual net assets of Strathcona Resources Ltd. from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $5.82 Billion | +9.32% |
| 2023-12-31 | $5.33 Billion | +26.77% |
| 2022-12-31 | $4.20 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Strathcona Resources Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 98.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.18 Billion | 37.49% |
| Other Components | $3.64 Billion | 62.51% |
| Total Equity | $5.82 Billion | 100.00% |
Strathcona Resources Ltd. Competitors by Market Cap
The table below lists competitors of Strathcona Resources Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Primax Electronics Ltd
TW:4915
|
$999.75 Million |
|
PT Pantai Indah Kapuk Dua Tbk
JK:PANI
|
$999.83 Million |
|
Preferred Bank
NASDAQ:PFBC
|
$1.00 Billion |
|
C3 AI INC. CL.A DL -001
F:724
|
$1.00 Billion |
|
REalloys Inc.
NASDAQ:ALOY
|
$999.45 Million |
|
Robertet SA
PINK:RBTEF
|
$999.28 Million |
|
Centerspace
NYSE:CSR
|
$998.97 Million |
|
Miracle Automation Engineering
SHE:002009
|
$998.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Strathcona Resources Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,327,100,000 to 5,823,700,000, a change of 496,600,000 (9.3%).
- Net income of 603,700,000 contributed positively to equity growth.
- Dividend payments of 107,100,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $603.70 Million | +10.37% |
| Dividends Paid | $107.10 Million | -1.84% |
| Total Change | $- | 9.32% |
Book Value vs Market Value Analysis
This analysis compares Strathcona Resources Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.65x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.90x to 0.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | $19.61 | $17.56 | x |
| 2023-12-31 | $24.87 | $17.56 | x |
| 2024-12-31 | $27.18 | $17.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Strathcona Resources Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.37%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.16%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.88x
- Recent ROE (10.37%) is below the historical average (17.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 32.32% | 30.81% | 0.48x | 2.18x | $937.98 Million |
| 2023 | 11.02% | 12.25% | 0.46x | 1.97x | $54.49 Million |
| 2024 | 10.37% | 11.16% | 0.49x | 1.88x | $21.33 Million |
Industry Comparison
This section compares Strathcona Resources Ltd.'s net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Strathcona Resources Ltd. (STHRF) | $6.13 Billion | 32.32% | 1.05x | $999.67 Million |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |