STHRF (Strathcona Resources) Scaled Net Operating Assets: 0.74 (As of Mar. 2026)


STHRF Strathcona Resources Ltd STHRF
38 GF Score
Price $27.10
GF Value $21.55
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Strathcona Resources Scaled Net Operating Assets?

Strathcona Resources STHRF -0.18% 38 Scaled Net Operating Assets is 0.74 as of Mar. 2026. GuruFocus rates STHRF with a GF Score™ of 38/100 and a GF Value™ of $21.55 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Strathcona Resources's operating assets for the quarter that ended in Mar. 2026 was $6,638 Mil. Strathcona Resources's operating liabilities for the quarter that ended in Mar. 2026 was $1,906 Mil. Strathcona Resources's Total Assets for the quarter that ended in Dec. 2025 was $6,371 Mil. Therefore, Strathcona Resources's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.74.


Strathcona Resources Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Strathcona Resources's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Strathcona Resources Scaled Net Operating Assets Chart

Strathcona Resources Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.82 0.93 0.77 0.61

Strathcona Resources Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.79 0.77 0.52 0.59 0.74

STHRF vs COP, EOG, FANG: Scaled Net Operating Assets Comparison

For the Oil & Gas E&P subindustry, Strathcona Resources's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Strathcona Resources Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Strathcona Resources's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Strathcona Resources's Scaled Net Operating Assets falls into.


STHRF
38GF Score
Strathcona Resources Ltd STHRF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Strathcona Resources Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Strathcona Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(6371.149-1650.598)/7705.482
=0.61

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6371.149 - 0
=6371.149

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3222.907 - 1551.287 - 21.022
=1650.598

Strathcona Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(6637.755-1905.977)/6371.149
=0.74

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6637.755 - 0
=6637.755

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3490.525 - 1567.055 - 17.493
=1905.977

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.74 mean?
Strathcona Resources (STHRF) has a Scaled Net Operating Assets of 0.74 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Strathcona Resources and its competitors.
Is Strathcona Resources' Scaled Net Operating Assets too high?
Strathcona Resources' current Scaled Net Operating Assets is 0.74. Overall, Strathcona Resources has a GF Score™ of 38/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Strathcona Resources' Scaled Net Operating Assets compare to COP and EOG?
Strathcona Resources' Scaled Net Operating Assets of 0.74 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Strathcona Resources and its competitors. Strathcona Resources's current Scaled Net Operating Assets is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strathcona Resources stock overvalued right now?
Based on GuruFocus' analysis, Strathcona Resources (STHRF) is currently considered Modestly Overvalued. The stock's GF Value™ is $21.55, compared to a current price of $27.10 — trading 25.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.74. Strathcona Resources' overall GF Score™ is 38/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Strathcona Resources (STHRF), the current Scaled Net Operating Assets is 0.74 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Strathcona Resources (STHRF) Overvalued in 2026?

Based on GuruFocus' analysis, Strathcona Resources stock appears to be overvalued. The current stock price of $27.10 is trading 25.8% above its estimated GF Value™ of $21.55. GuruFocus considers Strathcona Resources to be Modestly Overvalued.

Key valuation signals for STHRF:

  • Scaled Net Operating Assets: 0.74
  • GF Value™: $21.55 vs. price of $27.10 (25.8% above fair value)
  • GF Score™: 38/100 with 3 warning signs

No single metric tells the full story. See the STHRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Strathcona Resources Business Description

Industry EnergyOil & Gas
Other Exchanges YE20:GermanySCR:Canada
Address 421-7th Avenue S.W, Suite 1900, Calgary, AB, CAN, T2P4K9
Strathcona Resources Ltd is an energy company, it is a consolidator and developer of oil and gas assets. It has three segments: Cold Lake, which includes the development and production of bitumen in the Cold Lake region of Northern Alberta; Lloydminster Thermal, which includes the development and production of heavy oil through thermal steam-assisted gravity drainage methods in Southwest Saskatchewan; and Lloydminster Conventional, which includes the development and production of heavy oil through both conventional and enhanced oil recovery initiatives in Southeast Alberta and Southwest Saskatchewan.
38GF Score

Get the complete analysis for STHRF

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$27.10
Price
$21.55
GF Value