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Crew Energy Inc T.CR

Alternate Symbol(s):  CWEGF

Crew Energy Inc. is a Canada-based natural gas company. The Company’s operations are focused primarily in the Montney in Northeast British Columbia (NEBC). It has primarily been focused on continued Montney development of its liquid’s rich natural gas area at Septimus / West Septimus (Greater Septimus), and its light oil weighted asset at Tower, British Columbia. Its Montney area assets include Septimus / West Septimus, Tower, Groundbirch, Attachie, Oak/Flatrock and Portage and are situated in northeast British Columbia. Its operations include liquid-rich natural gas and light oil production from the siltstone Montney formation. At up to 300 meters thick, the Montney is developed with long-reach horizontal wells, completed with water-based fracture stimulations. It holds a land base of over 264,000 net acres, out of which approximately 225,000 net undeveloped acres in the Montney with condensate, light oil, liquids-rich natural gas and dry gas.


TSX:CR - Post by User

Post by gonatgasgoon Jul 04, 2022 6:11pm
221 Views
Post# 34800362

Stifel Nicolaus Trims Crew Energy Target Price to $7.50

Stifel Nicolaus Trims Crew Energy Target Price to $7.50Is it good news or bad news?  He still has a target of $7.50



https://www.marketbeat.com/instant-alerts/tse-cr-a-buy-or-sell-right-now-2022-07/

Stifel Nicolaus Trims Crew Energy (TSE:CR) Target Price to C$7.50

MONDAY, JULY 4, 2022 | MARKETBEAT

Crew Energy (TSE:CR - Get Rating) had its target price lowered by research analysts at Stifel Nicolaus from C$8.75 to C$7.50 in a research report issued to clients and investors on Monday, BayStreet.CA reports. Stifel Nicolaus' price objective would indicate a potential upside of 53.37% from the company's previous close.

Several other research firms also recently weighed in on CR. Raymond James set a C$6.50 price objective on Crew Energy and gave the company an "outperform" rating in a report on Friday, May 6th. Scotiabank raised their price objective on shares of Crew Energy from C$6.50 to C$7.00 in a research report on Friday, May 6th. BMO Capital Markets raised their price target on Crew Energy from C$7.00 to C$8.00 in a report on Friday, May 6th. National Bankshares upped their price objective on Crew Energy from C$5.75 to C$6.00 and gave the company a "sector perform" rating in a research note on Friday, May 6th. Finally, Cormark boosted their target price on Crew Energy from C$7.50 to C$8.50 and gave the company a "buy" rating in a report on Friday, May 6th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Crew Energy presently has an average rating of "Moderate Buy" and an average target price of C$5.80.


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