RE:RE:Crew has top producing condensate wells in October I'm frustrated beyond belief with the sector in general, ESG, negative sentiment compared to years past (institutional investment), however, it is broad and not CR specific.
In fact, other sectors not feeling any love either (mining stocks come to mind - I'm watching closely a few junior miners (Gold / Nevada) and everything looks dismal for the time being.
There has to be a trend movement eventually when tech bubble/AI and other colourful platforms (bitcoin etc) (where money is being parked in recent years), in order for the likes of Crew to achieve closer to NAV, it'll come, but, the wait is likely going to be much longer than we had all hoped by the looks.
Eventually, one by one, all of us will likely have an aha moment on some new 52 week high and exit, hopefully we get are targets (those 8-10.00/share previous comments) if not, hopefully close to it!
I feel like after Cr realizes more condensate (pivot to that focus) announcement of hold off of 4 year plan (based on forward strip pricing) debt reduction to nothing over next year and half, and start up of LNG Canada, we should see $7.50 or better.
I think the ambiguous COP 28 announcement this morning should bode well for NG as confirmation "transition fuel" is necessary. Any thoughts on that guys?
PonyBoy Outsider