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Crew Energy Inc. (CR-T) is a company that some investors view as a potential candidate for a merger or acquisition, although this strategy isn't favored by all experts. The current market environment is characterized by diminished interest in small-cap stocks, which has made it challenging for Crew Energy to gain visibility among investors. As the company is focused on pursuing growth, their approach has resulted in more modest cash flow, which may not appeal to everyone in a market that values capital returns. Despite these challenges, there is an underlying belief that Crew Energy could be a player worth watching as conditions improve in the small-cap sector.
He used to own this when natural gas was $3-$4. The equity value of this company is being ground down, day after day. It has to spend money to keep going. Be careful with these small cap names. These will be one of the first ones that banks will require to consolidate due to credit exposures and bank line covenants. A high risk investment.
The market cap is a knock against them and then there is the leverage. But if you want the exposure, he would own BIR-T.
VII-T vs CR-T? He would stay away from CR-T due to its debt level. VII-T has a good management team, but its slow down in growth highlighted their 50% decline rates in existing assets. This causes too much of their cash flow to still be required for maintenance. He would prefer NVA-T, which trades at a lower multiple of cash flow, has a better balance sheet, and lower decline rates on production.
Crew Energy Inc. is a Canadian stock, trading under the symbol CR-T on the Toronto Stock Exchange (CR-CT). It is usually referred to as TSX:CR or CR-T
In the last year, 1 stock analyst published opinions about CR-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Crew Energy Inc..
Crew Energy Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Crew Energy Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Crew Energy Inc. In the last year. It is a trending stock that is worth watching.
On 2024-10-03, Crew Energy Inc. (CR-T) stock closed at a price of $7.4.
Some people own it for M&A takeover potential. He doesn't like to do that. It's a market where interest in small caps remains very low. Not hitting enough radar screens currently. Pursuing growth, so more modest cashflow.