FY2017 Earnings Forecast for Crew Energy Inc Issued By Clarus Securities (CR)

Crew Energy Inc (TSE:CR) – Clarus Securities cut their FY2017 earnings per share estimates for shares of Crew Energy in a report issued on Monday. Clarus Securities analyst R. Pare now forecasts that the company will post earnings of $0.22 per share for the year, down from their previous forecast of $0.23. Clarus Securities also issued estimates for Crew Energy’s FY2018 earnings at ($0.04) EPS.

Several other analysts also recently issued reports on CR. Eight Capital reduced their price target on shares of Crew Energy from C$6.25 to C$6.00 in a research report on Friday, November 3rd. CSFB reduced their price target on shares of Crew Energy from C$5.00 to C$4.75 in a research report on Friday, November 3rd. CIBC lifted their price target on shares of Crew Energy from C$5.00 to C$5.50 in a research report on Monday, November 6th. National Bank Financial reduced their price target on shares of Crew Energy from C$5.50 to C$4.75 and set an “outperform” rating for the company in a research report on Tuesday, January 9th. Finally, Raymond James Financial reduced their price target on shares of Crew Energy from C$5.70 to C$5.15 and set an “outperform” rating for the company in a research report on Monday, February 5th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Crew Energy presently has a consensus rating of “Hold” and an average price target of C$4.16.

Shares of Crew Energy (TSE:CR) opened at C$1.80 on Wednesday. Crew Energy has a 52-week low of C$1.75 and a 52-week high of C$6.13. The stock has a market cap of $268.77, a price-to-earnings ratio of -30.00 and a beta of 0.72.

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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.

Earnings History and Estimates for Crew Energy (TSE:CR)

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