TSX:CR

Stock Analysis Report

Executive Summary

Crew Energy Inc. engages in the acquisition, exploration, development, and production of crude oil, natural gas, condensate, and natural gas liquids (NGL) in Canada.


Snowflake Analysis

Fair value with mediocre balance sheet.

Share Price & News

How has Crew Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.3%

CR

0.3%

CA Oil and Gas

0.1%

CA Market


1 Year Return

-55.5%

CR

-0.7%

CA Oil and Gas

4.7%

CA Market

Return vs Industry: CR underperformed the Canadian Oil and Gas industry which returned -0.7% over the past year.

Return vs Market: CR underperformed the Canadian Market which returned 4.7% over the past year.


Shareholder returns

CRIndustryMarket
7 Day1.3%0.3%0.1%
30 Day-11.0%-0.4%0.8%
90 Day-2.4%3.4%3.7%
1 Year-55.5%-55.5%3.6%-0.7%7.9%4.7%
3 Year-92.7%-92.7%-3.5%-13.7%17.9%7.3%
5 Year-92.9%-92.9%-7.2%-22.0%33.8%14.4%

Price Volatility Vs. Market

How volatile is Crew Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Crew Energy undervalued compared to its fair value and its price relative to the market?

1.66x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CR is good value based on its PE Ratio (1.7x) compared to the Oil and Gas industry average (11.3x).

PE vs Market: CR is good value based on its PE Ratio (1.7x) compared to the Canadian market (16.2x).


Price to Earnings Growth Ratio

PEG Ratio: CR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: CR is good value based on its PB Ratio (0.1x) compared to the CA Oil and Gas industry average (0.6x).


Next Steps

Future Growth

How is Crew Energy forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

-133.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CR's earnings are forecast to decline over the next 3 years (-133.7% per year).

Earnings vs Market: CR's earnings are forecast to decline over the next 3 years (-133.7% per year).

High Growth Earnings: CR's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CR's revenue (8% per year) is forecast to grow faster than the Canadian market (4.7% per year).

High Growth Revenue: CR's revenue (8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CR is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Crew Energy performed over the past 5 years?

78.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CR has a large one-off gain of CA$19.9M impacting its September 30 2019 financial results.

Growing Profit Margin: CR became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CR has become profitable over the past 5 years, growing earnings by 78.8% per year.

Accelerating Growth: CR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (4.1%).


Return on Equity

High ROE: CR's Return on Equity (4%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Crew Energy's financial position?


Financial Position Analysis

Short Term Liabilities: CR's short term assets (CA$31.0M) exceed its short term liabilities (CA$28.3M).

Long Term Liabilities: CR's short term assets (CA$31.0M) do not cover its long term liabilities (CA$503.0M).


Debt to Equity History and Analysis

Debt Level: CR's debt to equity ratio (38.4%) is considered satisfactory.

Reducing Debt: CR's debt to equity ratio has increased from 18% to 38.4% over the past 5 years.


Balance Sheet

Inventory Level: CR has a high level of physical assets or inventory.

Debt Coverage by Assets: CR's debt is not covered by short term assets (assets are 0.1x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: CR is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: CR is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

What is Crew Energy's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.4%industryaverage4.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate CR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate CR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CR's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.8yrs

Average management tenure


CEO

Dale Shwed (60yo)

16.7yrs

Tenure

CA$1,729,440

Compensation

Mr. Dale Orest Shwed has been the Chief Executive Officer and President of Crew Energy Inc. since September 2003. Mr. Shwed served as an Executive of Royal Acquisition Corp. Mr. Shwed started his career in ...


CEO Compensation Analysis

Compensation vs Market: Dale's total compensation ($USD1.31M) is above average for companies of similar size in the Canadian market ($USD154.65K).

Compensation vs Earnings: Dale's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Dale Shwed
CEO, President & Executive Director16.7yrsCA$1.73m3.13% CA$1.9m
John Leach
Executive VP & CFO16.4yrsCA$1.06m0.82% CA$505.9k
James Taylor
Chief Operating Officer2.1yrsCA$1.05m0.064% CA$39.1k
James Bowman
Senior Vice President of Marketing & Originations6.8yrsCA$1.13m0.27% CA$166.9k
Kurtis Fischer
Vice President of Planning & Development9.8yrsCA$1.13m0.28% CA$169.3k
Michael Sandrelli
Corporate Secretary0yrsno datano data
Craig Turchak
Controller0yrsno datano data

9.8yrs

Average Tenure

52.5yo

Average Age

Experienced Management: CR's management team is seasoned and experienced (9.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dale Shwed
CEO, President & Executive Director16.7yrsCA$1.73m3.13% CA$1.9m
John Brussa
Independent Chairman of the Board17.1yrsCA$161.90k0.62% CA$378.6k
Jeffery Errico
Lead Independent Director5.9yrsCA$146.87k0.072% CA$43.9k
Ryan Shay
Independent Director1.8yrsCA$102.84k0.66% CA$406.8k
Dennis Nerland
Independent Director16.4yrsCA$146.87k0.18% CA$107.6k
David Smith
Independent Director11.1yrsCA$149.37k0.11% CA$68.2k
Karen Nielsen
Independent Director1.8yrsCA$105.34k0.0085% CA$5.2k

11.1yrs

Average Tenure

61.5yo

Average Age

Experienced Board: CR's board of directors are seasoned and experienced ( 11.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CR insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Crew Energy Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Crew Energy Inc.
  • Ticker: CR
  • Exchange: TSX
  • Founded: 2003
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: CA$61.383m
  • Shares outstanding: 151.56m
  • Website: https://www.crewenergy.com

Number of Employees


Location

  • Crew Energy Inc.
  • 250-5th Street SW
  • Suite 800
  • Calgary
  • Alberta
  • T2P 0R4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CRTSX (The Toronto Stock Exchange)YesCommon SharesCACADSep 2003
C5XDB (Deutsche Boerse AG)YesCommon SharesDEEURSep 2003
CWEG.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDSep 2003

Biography

Crew Energy Inc. engages in the acquisition, exploration, development, and production of crude oil, natural gas, condensate, and natural gas liquids (NGL) in Canada. The company primarily holds interests in the Septimus/West Septimus, Tower, Groundbirch, Attachie, and Portage assets comprising approximately 438 net sections with condensate, light oil, liquids-rich natural gas, and dry gas reserves located in the Montney area situated to the south and west of Fort St. John, British Columbia. It also owns interest in Lloydminster asset with heavy oil reserves covering 52,424 net acres of land located in the Saskatchewan/Alberta border region. As of December 31, 2018, the company’s Lloydminster asset had proved plus probable reserves of 8,671.9 Mbbl of oil and NGL. Crew Energy Inc. was founded in 2003 and is headquartered in Calgary, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 01:03
End of Day Share Price2020/02/21 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.