RE:RE:RE:Buyback coming as surprise in Q1?Normally I'm not a fan of stock buybaclks, but in Crew's case a modest buyback would go a long way to improving the stock price and telegraph management confidence in the company. Crew SP is down 45% from recent highs - if not now, when? This is precisely the time to buy back your company's under-valued stock.
I see full emphasis on Condensate production. The Groundbirch plant will be put on hold until NG prices improve later in the year. Capital expenditures budget will be cut back from prior 220-230m by at least 50-60m.
Crew is an awesome investment at current stock levels. Their land holding are grossly under-valued. They have over 2,500 drilling locations across Montney and Goundbirch, Monias, Greater Septimus, and Tower. 340 sections in Montney alone. I'm certain there are several large Canadian companies eyeing CR at this time.