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Bullboard - Stock Discussion Forum 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... see more

TSX:CR - Post Discussion

Crew Energy Inc > I just got a downgrade alert from $7 to $5
View:
Post by upinmuskoka1 on Jan 10, 2024 12:20pm

I just got a downgrade alert from $7 to $5

by National Bank

Not that I pay attention to what any scumbag analysts says because they are never right. But saying that the downward spiral on the share price will intensify as more downgrades start coming in.
We will most likely be hitting new 52 week lows by the end of the 1stqrt.

Like I said last week CREW just might be the PIPESTONE of 2024. A lowball buyer will swoop in and maybe offer a small premium that won’t even be close to the 52 week high.

Scary times indeed.
Comment by gonatgasgo on Jan 10, 2024 12:44pm
Why did they downgrade Crew (and pretty much the rest of the sector)?  It would require a 50% increase to reach the $7 target.  At least now, it is closer to 10%.  When Crew hits $5.50, they will increase the target to $6.  They just chase the stock price...on the way down and up. Dale, please release the 2024 outlook and the new plan.
Comment by mrmomo on Jan 11, 2024 10:17am
"Like I said last week CREW just might be the PIPESTONE of 2024. A lowball buyer will swoop in and maybe offer a small premium that won’t even be close to the 52 week high." Crew Is NOT Pipestone. Why? Because the mgmt & bod of Crew have A LOT skin in the game terms of financial & pride compared to Pipe mgmt where they basically had NONE. If anyone is going to end up like ...more  
Comment by robert41 on Jan 11, 2024 10:50am
Can't wait for you to post something smart and knowledgeable clear and concise. How about taking a break from your endless bragging about how amazing you are. Show us that you have a humble bone in your body be polite and respectful as opposed to rude and belittling. Seriously momo I think you have it in you. 
Comment by PonyBoyOutsider on Jan 11, 2024 11:16am
My thoughts are, optimistic posts from fellas like myself, or OldNagger, help remind us all that, regardless of all the noise, (and there is much substantial noise to sift through), Crew has an unbelievable land package that aligns so perfectly with LNG Canada takeaway, that, regardless the persistent negative things we absorb (downgrades/ ESG pressures/etc.) there is a very much deerving reminder ...more  
Comment by PonyBoyOutsider on Jan 11, 2024 11:27am
Oh yah, and forgot to mention: Any news coming out about Growth, should, in my opinion be underpinned with the upgraded production of Septimus wells (condensate & NGL production Increases) this will be received very well by the market, because, even in a weak NG market, we have spinned out higher volumes of liquids production. We are very fortunate of the acreage we own! PonyBoy Outsider