We are revising our estimates given commodity price levels in the future strip for 2020e currently, and aligning E&D capex with projected funds flow, closer to the $55-$60 mm range to reflect less leverage incurred on the balance sheet.
06 Dec 2019
Forecast update
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Forecast update
Crew Energy Inc. (CR:TSE) | 0 0 -0.6% | Mkt Cap: 265.8m
- Published:
06 Dec 2019 -
Author:
Robert Fitzmartyn -
Pages:
5
We are revising our estimates given commodity price levels in the future strip for 2020e currently, and aligning E&D capex with projected funds flow, closer to the $55-$60 mm range to reflect less leverage incurred on the balance sheet.