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.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -117% per year for the next 3 years
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
-8.0%
CR
0.6%
CA Oil and Gas
0.6%
CA Market
1 Year Return
-57.0%
CR
0.2%
CA Oil and Gas
5.8%
CA Market
Return vs Industry: CR underperformed the Canadian Oil and Gas industry which returned 0.2% over the past year.
Return vs Market: CR underperformed the Canadian Market which returned 5.8% over the past year.
Shareholder returns
| CR | Industry | Market | |
|---|---|---|---|
| 7 Day | -8.0% | 0.6% | 0.6% |
| 30 Day | -23.1% | -2.3% | 0.5% |
| 90 Day | -4.8% | 3.8% | 3.6% |
| 1 Year | -57.0%-57.0% | 4.6%0.2% | 9.1%5.8% |
| 3 Year | -93.3%-93.3% | -7.0%-16.9% | 15.4%5.0% |
| 5 Year | -93.0%-93.0% | -9.6%-24.0% | 33.6%14.0% |
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
6 days ago | Simply Wall St
How Do Crew Energy Inc.’s (TSE:CR) Returns Compare To Its Industry?3 weeks ago | Simply Wall St
We Wouldn't Rely On Crew Energy's (TSE:CR) Statutory Earnings As A Guide1 month ago | Simply Wall St
Here's What We Think About Crew Energy Inc.'s (TSE:CR) CEO PayValuation
Is Crew Energy undervalued compared to its fair value and its price relative to the market?
1.64x
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 (1.6x) compared to the Oil and Gas industry average (11x).
PE vs Market: CR is good value based on its PE Ratio (1.6x) compared to the Canadian market (15.9x).
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 (0.7x).
Next Steps
Future Growth
How is Crew Energy forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
-117.0%
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 (-117% per year).
Earnings vs Market: CR's earnings are forecast to decline over the next 3 years (-117% per year).
High Growth Earnings: CR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CR's revenue (1.5% per year) is forecast to grow slower than the Canadian market (4.9% per year).
High Growth Revenue: CR's revenue (1.5% 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 (6%).
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
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 ($USD155.16K).
Compensation vs Earnings: Dale's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Executive Director | 16.7yrs | CA$1.73m | 3.13% CA$1.9m | |
| Executive VP & CFO | 16.4yrs | CA$1.06m | 0.82% CA$499.7k | |
| Chief Operating Officer | 2.1yrs | CA$1.05m | 0.064% CA$38.7k | |
| Senior Vice President of Marketing & Originations | 6.8yrs | CA$1.13m | 0.27% CA$164.8k | |
| Vice President of Planning & Development | 9.8yrs | CA$1.13m | 0.28% CA$167.3k | |
| Corporate Secretary | 0yrs | no data | no data | |
| Controller | 0yrs | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Executive Director | 16.7yrs | CA$1.73m | 3.13% CA$1.9m | |
| Independent Chairman of the Board | 17.1yrs | CA$161.90k | 0.62% CA$373.9k | |
| Lead Independent Director | 5.9yrs | CA$146.87k | 0.072% CA$43.4k | |
| Independent Director | 1.8yrs | CA$102.84k | 0.66% CA$401.8k | |
| Independent Director | 16.4yrs | CA$146.87k | 0.18% CA$106.3k | |
| Independent Director | 11.1yrs | CA$149.37k | 0.11% CA$67.3k | |
| Independent Director | 1.8yrs | CA$105.34k | 0.0085% CA$5.1k |
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$60.625m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CR | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Sep 2003 |
| C5X | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Sep 2003 |
| CWEG.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Sep 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 00:15 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.