RE:What’s going on?? Call me crazy , yet I and you and many others all spotted Crew as an Outstanding performer years ago. That has not changed one bit IMO.
In fact , I only hope that Crew will forget about borrowing limits by selling lots of 5 yr new notes that would probably cost under 8% Forget about hedging and go all out on drilling and developing especially Groundbirch as fast as possible Nat gas pricing is going to spring back big time , it cannot do otherwise
Let Crew ensure that they have PDP reserves at a maximum at all times. That will easily carry the debt load !! If not then there is tons of land that will never be needed in our time with or without condensate for sale
Crew is an asset play , if the market does not believe it then give them a good dose of reality !!