Crew Energy Inc T.CR

Pipestone

[gonatgasgo]

When you look at Pipestone, and I only looked quickly, the stock was down 20%+ today.  I believe this is because they are shifting their strategy from growth to paying back shareholders.  When you look at it, it does not take much for a company to get hit hard.

Dale, let's continue the growth and forget about returning money to shareholders and forget what Nuttall keeps saying.

[TouchDown12]

Agreed GNGG.... CR is a very unique company (like KELT as well) that maybe best to go about it's biz plan and develop it's land position without dealing in the divy/buyback arguements to much. Funny, with both of them i tend to ignore the day-to-day price movements as i know each will have their day in the sun. GLTA Long CR TD12

[gonatgasgo]

And now Peyto paying 11 cents/month starting next year.  Seems to me everybody is paying back shareholders and very few players will focus on growth.  This is great for Crew and Kelt and others too, but the list keeps getting smaller.

[Oldnagger]

Pipestone is different from  Crew in many aspects. It seems that everything has conspired to hit them at the same time, hence their necessity to reduce their growth aspirations. At the now lower price , their metrics now look more than generous compared to other slow growth stocks. Investors in this space are a fairly fickle bunch. For that reason I always look first at longer term values

[sportstermathew]

I am with Oldnagger. Although I like divs as in PEY, would willingly go 100% PEY, what?? am I nuts, maybe. At least I mostly know what they are doing. CR is a little bit more of an enigma.  I have been confused by statements made a while back but the overall just is growth. They seem to have some really good producing wells so I am hoping that production growth follows suit ahead of