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Crew Energy Inc. (CR.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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3.4400-0.1600 (-4.44%)
As of 02:39PM EST. Market open.
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  • T
    Terry
    Greg:
    Did you read the update that Crew came out with on DECEMBER 8th. It contains a through update and after I read it I felt informed. A lot of smaller Canadian companies like CREW , BTE, and even CVE do not give a lot of updates ( I also own OXY and APA ) and they are somewhat do the same thing as far as updating the public. However I feel very comfortable with both CREW and BTE especially when I see the shares increase on high volume. Both companies are sitting on great producing properties and with the price of oil and especially natural gas going up today, they are sitting in the sweet spots. Now that we are experiencing cold weather we should feel that natural gas heating a lot of homes and businesses!
  • T
    Terry
    Andrian:
    From what I see from the last several days of trading in Crew, a lot of stock is changing hands . Since Crew is about 75 natural gas , it had been trading in a narrow range almost like the other natural gas stocks I own. It has been nice and cold in Canada, however the market appears to want the review Crews 4th quarter numbers.Those production numbers are to be out in early March and it’s a hard call how good they will be with the US and parts of Canada having a mild November and December. Let’s hope with the added production and higher price of natural gas, this will have a positive effect on Crews bottom line!
  • T
    Terry
    David it never hurts taking a profit! However I’m in CREW for the long haul and really believe that if they follow their 2 year plan they have discussed that the stock will continue to appreciate. The US is being hit by a cold winter storm and natural gas will be the energy of choice, good sign for natural gas companies!
  • T
    Terry
    Just noticed that many parts of Canada are having 15-25 below zero, That should translate into plenty of natural gas usage. With the Canadian stock market closed for Christmas, let’s hope the smart money realizes the great potential that CREW has. Gotta love this companies future !
  • G
    Greg
    Adrian and Terry: it’s been warm here in VA as well but some cold weather is on the horizon. With that said if my memory is correct starting January 1 something like 90% of Crews gas will be sold into the Canadian market. With Canada‘s weather being so much colder than the US right now and with Canada‘s storage levels coming down significantly week by week as compared to US storage, Crew should capture as good or better prices than in the US market. In addition, I seem to remember that Crew was paying something like $1.25 per MCF equivalent in transportation cost to get their gas South of the border to the US market. Starting January 1 this high transportation cost should basically go away. I am anticipating some great financial numbers from Crew in Q4 and even better in Q1! Fingers crossed that these cold temperatures continue to hold!
  • D
    David
    As long as Crew continues to pay down debt with free cash flow the future ( end of Q2) is bright indeed. Returning cash with dividends, stock buy backs and continued success discovering future inventory is the game plan once debt free. Stay long and you will be rewarded in less than a year.
  • T
    Terry
    Chuck:
    We don’t want Crew to be bought out. They are sitting on great natural gas property at the Montney and management is following their production plans for 2021-2022. If you get time read the announcement that Crew posted on Yahoo. Really shows were they are in their plans for the future growth. So far we have had a mild start to the winter and today natural gas was up in trading. There have been no big selling of stock with this sell off and it’s a great chance to add more shares. I really feel good about the company and when it really gets cold , Crew stock should regain momentum in stock price!
  • T
    Terry
    Andrian;:
    Good luck with your future stock purchases. I’m not selling CREW or BTE. Both have plenty of great producing properties and earnings coming. They are just now recovering from the last oil and natural gas downturn and along with CVE have a lot of price appreciation!
  • G
    Greg
    I wish Crew’s management team would come out with a production and operations update. I would hate to have to wait till March. Especially with the current strength in natural gas prices! Positive news could send this stock up another leg.
  • C
    Chuck
    what are people's thought of crew energy getting bought out in 2022?? Seems CNRL and Tourmaline are not done buying companies in the montney zone
  • A
    Andrian
    Crew’s adjusted funds flow increased 236.3% year over year to $86.03 million. Market analysts are bullish and forecast an upside potential of up to 110.5% (max) from $2.85 to $6 per share.
  • A
    Andrian
    what guys you think this stock price at end of the year?
  • T
    Terry
    Andrian:
    You have my sympathy if your living in that cold weather. Here in Ohio we have had the warmest temperatures on record. Two straight days we hit 69 degrees and had back to back records. We are usually in the 30’s and praying it doesn’t snow. We shareholders have a lot to be thankful for and here’s hoping that 2022 brings much health and happiness to all!
  • T
    Terry
    Did you read the Capital Budget that Crew put out on Yahoo this morning? Puts the year end 2021 and 2022 in perspective and shows how the company is following their plans that management had previously announced. Shows great production increase and we should look forward to higher stock prices in the near future.
  • T
    Terry
    Looking good and heading higher on strong volume. Natural gas prices are nicely higher today and hopefully the cold weather we have been waiting for is here. Crew should be hitting a new high and with earnings announcement coming in March, increased production should be up with earnings!
  • A
    Andrian
    only left on my porfolio CR,MEG,CVE,BTE.Sold my FCU and OBE yesterday at peak.I hope CR shines again
  • G
    Gregory
    About the best play this morning. Should be green by the end of the day, this stock always lags behind general oil and gas movements
  • T
    Terry
    Unfortunately we are experiencing a warm December here in Ohio and in other parts of the US. Natural gas hit a low of $3.70 yesterday after falling from $5.00 last week, Still plenty of time for cold winter weather and Crew is still following their production plans for 2021 and 2022, I’m picking up some more shares at this price!
  • C
    C
    US NG stocks going up, while Canadian ones got smashed today.