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Bullboard - Stock Discussion Forum Crew Energy Inc T.CR

Alternate Symbol(s):  CWEGF

Energy Oil & Gas E&P
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... see more

TSX:CR - Post Discussion

Crew Energy Inc > Why down 5% today?
View:
Post by gonatgasgo on Nov 27, 2023 4:03pm

Why down 5% today?

Essentially, more than twice the average o&g name today.  Why?

I can only assume someone wanted out.  People are trying to wait for the m&a that has been expected for so many years now.

I am very disappointed.
Comment by BobbyBoy on Nov 27, 2023 4:40pm
The price of Nat Gas is being pummeled every day and Crew is percieved as an NG producer, right or wrong. Permian production is at an all time high. North America has way too much NG in storage and not enough LNG take-away capacity. Thats why the stock is being shellacked.
Crew Energy Inc
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