FY2017 Earnings Estimate for Crew Energy Inc Issued By Cormark (CR)
Crew Energy Inc (TSE:CR) – Equities research analysts at Cormark boosted their FY2017 EPS estimates for Crew Energy in a research note issued on Thursday. Cormark analyst A. Arif now expects that the company will post earnings per share of $0.25 for the year, up from their prior estimate of $0.20. Cormark also issued estimates for Crew Energy’s Q4 2017 earnings at $0.04 EPS, Q1 2018 earnings at ($0.09) EPS, Q2 2018 earnings at ($0.10) EPS, Q3 2018 earnings at ($0.11) EPS, Q4 2018 earnings at ($0.12) EPS and FY2018 earnings at ($0.42) EPS.
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CR has been the topic of several other research reports. Royal Bank Of Canada cut their target price on Crew Energy from C$9.00 to C$8.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 10th. CSFB began coverage on Crew Energy in a research note on Tuesday, May 9th. They issued a “neutral” rating and a C$6.50 target price on the stock. Two equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. Crew Energy presently has a consensus rating of “Buy” and an average price target of C$8.46.
Crew Energy (CR) opened at 3.80 on Monday. Crew Energy has a 52 week low of $3.40 and a 52 week high of $8.10. The company’s market cap is $569.34 million. The company has a 50-day moving average of $3.85 and a 200-day moving average of $4.70.
In other Crew Energy news, insider Gmt Capital Corp purchased 14,500 shares of the stock in a transaction on Monday, June 19th. The stock was acquired at an average price of C$2.74 per share, with a total value of C$39,730.00. In the last three months, insiders acquired 58,500 shares of company stock valued at $174,137.
Crew Energy Company Profile
Crew Energy Inc is a Canada-based oil and gas exploration, development and production company. It is a growth-oriented oil and natural gas producer. The Company’s activities are primarily focused in the Montney Resource situated in northeast British Columbia. Its Montney Resource is complemented by its Lloydminster heavy oil property in Alberta and Saskatchewan.
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