Greenfire Resources

Calgary – November 08, 2026 -- Strathcona Resources Ltd. (TSX: SCR) generated $286 million of free cash flow in the third quarter of 2026, used most of it to cut debt to about $1.7 billion, and raised its quarterly dividend 7% to $0.32 per share.

Production rises 6% to 123,486 boe/d while earnings hold flat

Third-quarter output was 123,486 boe/d, 99.7% liquids, up 6% from the second quarter. Operating earnings were $371 million ($1.73 per share), roughly flat quarter-over-quarter, as higher volumes offset lower oil prices. Free cash flow of $286 million ($1.34 per share) was also approximately flat.