Crew Energy Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Dale Orest Shwed
- Full Time Employees
- 53
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 250-5th Street SW Calgary AB Canada T2P 0R4
- IPO Date
- Nov 25, 2005
- Website
- crewenergy.com
- Similar Companies
- Business
- Crew Energy Inc. (Ticker: CWEGF) is an independent oil and gas exploration and production company focused on the Western Canadian Sedimentary Basin. The company engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGLs), primarily in the Montney resource play across northeast British Columbia and Alberta; it operates key assets including the Greater Wapiti area in British Columbia, the Groundbirch area in British Columbia, and the Lloydminster area in Alberta. Crew Energy offers production services such as drilling, completions, and facility operations optimized for liquids-rich natural gas plays, targeting energy producers, midstream partners, and international markets through its export-capable infrastructure. Founded in 2003 and headquartered in Calgary, Alberta, Canada, the company maintains operations exclusively in Western Canada with no significant international geographic footprint or subsidiaries noted. In recent developments, Crew Energy has pursued strategic expansions in its Montney core areas, including accelerated drilling programs in the Greater Wapiti region to boost production capacity amid favorable commodity pricing; the company reported record quarterly production levels in 2024 and outlined 2025 capital plans emphasizing multi-well pads and infrastructure tie-ins for enhanced efficiency. No major acquisitions, funding rounds, partnerships, or name changes have been announced in the last 1-2 years, though operational shifts include debt reduction initiatives and a focus on free cash flow generation to support shareholder returns. These efforts position Crew within the upstream energy segment, serving domestic and export markets for natural gas and liquids.
Crew Energy (OTCMKTS:CWEGF) Trading Up 2.6% – Here’s What Happened
Crew Energy Inc. Announces Completion of Acquisition By Tourmaline Oil Corp.
Crew Energy Inc. Announces Overwhelming Shareholder Approval for its Strategic Transaction With Tourmaline Oil Corp.
Tourmaline Oil to buy Crew Energy for $1.3B, boosting Montney presence
Tourmaline Oil to acquire Crew Energy for $947 million
Crew Energy Announces Q2 2024 Results Highlighted by a 67% Increase in Condensate Production Driving a 55% AFF Margin
Crew Energy: The LNG Canada Wait Is Almost Over
Crew Energy Announces Annual General and Special Meeting Results for Election of Directors
Crew Energy Announces Q1 2024 Results Highlighted by a 61% AFF Margin and a 20% Increase in Condensate Production
Crew Energy Announces Fourth Quarter and Full Year 2023 Results Highlighted by Record Condensate Production and Balance Sheet Strengthening
Crew Energy Announces 2023 Reserves, 2024 Capital Budget and Guidance
Crew Energy: Betting On Natural Gas With A 30-Year Reserve Life
Crew Energy Announces Q3 2023 Results Highlighted by 64% Adjusted Funds Flow Margin and Confirmed Permits for the 180 mmcf per Day Groundbirch Gas Facility Plus 85 Wells
Crew Energy: Emerging Catalysts Could Carry This One Higher
Crew Energy Announces Q2 2023 Results Highlighted by A 42% Reduction in Net Debt Over Q1/23 and An Adjusted Funds Flow Margin of 89%
Crew Energy: Waiting For Higher Natural Gas Prices
Small-Cap Energy Producers Ranked By Quality
Crew Energy remains a ‘Buy' even as natural gas futures weakens its price target, Stifel analysts say
Crew Energy: Macro Environment May Slow Growth
Crew Energy: Strong Free Cash Flow Accelerates Debt Reduction