Crew Energy Inc T.CR

TD Securities

[gonatgasgo]

https://twitter.com/Gugo907/status/1750563163593142596/photo/2

 

It seems like CR will have a very good Q4 quarter compared to other gas companies.  Look at the cash flow netback, according to TD.

[downwithdotcom1]

agreed..problem is that these net backs were supported by a generous  Q4 nat gas/C5 hedge book and most of the nat gas hedges ended at year end...what i was hoping for was that there was going to be a MASSIVE jump in C5 to at least 7k bbls per day (as promised) that would partally make up for a much lower nat gas price deck going forward. A much needed cold snap boost for AECO may also help

[Oldnagger]

Q4 has acheived 7 kbpd of condensate , an increase of approx 4 kbpd over Q3 2023 in Q1 2024, an additional,4 kbpd of crude will be coming on line with the completion of 4 Tower wells (4 km each )  There is no doubt in my mind that 2024 cash flows will be above the rates shown by TD  (0.42 per Q per share )

[gonatgasgo]

FYI,  RBC expects CR to produce 32,019 boe/d in 2024 NB: 33,500 TD: 33,980 We are all guessing until we hear from Dale.