Crew Energy Inc T.CR

Looks like others too think CREW has few options

[upinmuskoka1]

Interesting thread


https://twitter.com/WTIBull/status/1745493487775309885

[gonatgasgo]

Not sure if I fully understand his point, but at the end of it, it does not make sense for anybody to spend that kind of money with natural gas unhedged or at these prices.  You spend that kind of money, hoping natural gas will be over $4 or so in 2 years from now?  This is not a way of running a business.

[RJboxer]

Crew has plenty of options. They have 264,000 net acres in NEBC which is wet gas. They are jacking uo their Condensate production to 7,000 bpd by the end of Q4. To me, they're in the drivers seat. They need to pause the increase in the capital spending, and cut it by $ 20-30 million until there is more clarity in the NG market. I see their position relative to LNG Canada as envious. I do not