Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by ferret_caon Dec 07, 2023 2:01pm
170 Views
Post# 35773501

RE:I don't usually rant, but when I do

RE:I don't usually rant, but when I dojust what part of this is a cyclical stock is it that you don't understand?????

oil has recently touched below 70,  so far winter is expected to be warmer than moprmal so nat gas is down.  canadian LNG is still a year or so away.  money has been rotating out of energy etfs, mutual funds etc for a little while now while shorts are having there day now, will it last, no, but who knows how long it'll stay depressed.  Nat gas will have it's day in the sun in canada, these are buying opportunities, it'll be much cheaper to ship lng to korea japan and china from here than from anywhere in the usa. our gas is some of the cheapest to produce and it's abundant.  If CR is a huge part of your portfolio then by all means sell some don't be greedy but imho there are substantial gains to be had in the year or so, when I have no idea but I chip away at a few as they get beat up.

nat gas will eventually be recognized as THE  transition fuel and will increase in use as coal and some oil is phased out, a very bright future imho.

cheers ferret
<< Previous
Bullboard Posts
Next >>