Crew Energy Inc T.CR

What will it take...

[gonatgasgo]

...for this stock to turn around.

Oil up, nat gas up, most Canadian oil and gas down about 1%.  Crew?  4.5%

The 4-year plan really scared investors.  Just no buyers and a few sellers.  

Dale runs this company like a private firm.  No communication with shareholders.  Last year there was a production update around this time.  It might have been helpful this year, but maybe not.

[Tothemoon2]

I averaged down today.  Still time to change the 4 year plan.  FID later in 2023.  Can't help but think this is to be taken over in the next three years(long game maybe).

[Oldnagger]

There are obviously hedge funds trying to drive share prices down and there by shake out retail. In a way, it is too bad that Crew does not have an NCIB in place , if only to shake these guys out . Note Kelt does nor have one and the Pipestone NCIB has been halted while waiting for an SIB. These three shareholdings have accordingly been lagging (as noted by Shubham at the end of his Crew

[Oldnagger]

If you want more info on all this , ask Mrmomo , I am sure he will be more than willing to fill you in (in a thousand incomprehensible words or more !! )

[bbwibone]

Perspective. CR wants to increase production into an oversupplied market with record service prices and inflation, pays no dividend and has no buybacks. Calling it manipulating is naive, there just isn't much interest in growth at any price. And there is already a pretty hefty takeover premium in CR, if you look at their cash flow after hedges, it is clear their land position is already priced

[Oldnagger]

Not bad news at all, I am merely waiting to pick up more shares on further weakness. I always look to where the puck is going not to where it is. The industry will climb out of this soon enough. To bet against crude is to bet against China. As far as nat gas goes ,I have already stated my case Here for your enjoyment is a forecast on future rig deployment by Raymond James. Personally, I think