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.
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.
CR-T vs IPO-T? He owns CR-T, whose production is 29% liquids. IPO-T is focused on 66% liquids. He likes both and they are very cheap. He would add to holdings on both. Both have good balance sheets. CR-T is buying back shares as well.
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.
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.
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.
Some investors are concerned about the debt. The balance sheet is okay to him. They are using excess cash flow to pay down debt and can ramp up production as we see LNG projects coming on line. He has a $1.80 target. (Analysts’ price target is $1.36)
Some investors are concerned about the debt. The balance sheet is okay to him. They are using excess cash flow to pay down debt and can ramp up production as we see LNG projects coming on line. He has a $1.80 target. (Analysts’ price target is $1.36)
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 7
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 9
Total Signals / Votes : 17
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, 17 stock analysts published opinions about CR-T. 7 analysts recommended to BUY the stock. 9 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Crew Energy Inc..
Crew Energy Inc. was recommended as a Top Pick by Josef Schachter on 2020-03-24. 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.
17 stock analysts on Stockchase covered Crew Energy Inc. In the last year. It is a trending stock that is worth watching.
On 2020-04-08, Crew Energy Inc. (CR-T) stock closed at a price of $0.23.
