Overview
Crew Energy has its crew working to find and extract oil and gas in Western Canada. An exploration and production company, Crew Energy's operations are focused in northeast British Columbia. The firm boasts a significant contiguous land position of more than 867,000 acres, more than 70% of which is undeveloped. Following its purchase of additional rights to the Montney lands in northeast British Columbia, the energy company has sold oil-and-gas
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Read More producing properties in Alberta to free up funds to drill more wells in British Columbia, transforming Crew Energy into a pure play company focused on liquid natural gas extraction in the Montney play.
Read Less
Read More producing properties in Alberta to free up funds to drill more wells in British Columbia, transforming Crew Energy into a pure play company focused on liquid natural gas extraction in the Montney play.
Read Less
Dale O. Shwed
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Oil and Gas Extraction
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Support Activities for Mining
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Mining, Quarrying, and Oil and Gas Extraction
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Crude petroleum production
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Natural gas production
See All Industries , Natural gas liquids production , Drilling oil and gas wells Oil and gas exploration services
See Fewer Industries
See All Industries , Natural gas liquids production , Drilling oil and gas wells Oil and gas exploration services
See Fewer Industries
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Contacts
Get in Touch with 15 Principals* and 4 Contacts
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Dale O. ShwedPresident and Officer
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Statements
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Financial data as of ? (12 month period) in USD
Annual Revenue 2023
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USD
Actual
1 USD = 1.3433 CAD
All financial statement data is in millions except per share data | Source: Morningstar
Cash Flow (mil) | 2023 | 2022 | 2021 |
---|---|---|---|
Net Operating Cash | $180 | $236 | $89 |
Net Investing Cash | -$134 | -$29 | -$112 |
Net Financing Cash | -$87 | -$166 | $23 |
Net Change in Cash | -$41 | $41 | $ |
Cash at Beginning of Period | $41 | $ | $ |
Cash at End of Period | $ | $41 | $ |
Capital Expenditure | -$162 | -$131 | -$132 |
Assets (mil) | 2023 | 2022 | 2021 |
---|---|---|---|
Current Assets | |||
Cash and Cash Equivalents | $ | $41 | $ |
Accounts Receivable | $25 | $47 | $31 |
Inventories | $ | $ | $ |
Other Current Assets | $9 | $20 | $ |
Asset Summary | |||
Total Current Assets | $34 | $107 | $31 |
Tangible Fixed Assets | $1,212 | $1,107 | $1,078 |
Intangible Assets | $ | $ | $ |
Total Assets | $1,675 | $1,632 | $1,491 |
Liabilities (mil) | 2023 | 2022 | 2021 |
---|---|---|---|
Current Liabilities | |||
Accounts Payable | $ | $ | $ |
Short-Term Debt | $ | $ | $ |
Other Current Liabilities | $46 | $75 | $69 |
Liability Summary | |||
Total Current Liabilities | $46 | $75 | $69 |
Long-Term Debt | $55 | $128 | $278 |
Other Long-Term Liabilities | $ | $ | $ |
Total Liabilities | $275 | $332 | $425 |
Stakeholder's Equity (mil) | 2023 | 2022 | 2021 |
---|---|---|---|
Equity | |||
Common Stock | $1,087 | $1,092 | $1,103 |
Retained Earnings | -$186 | -$275 | -$472 |
Equity Summary | |||
Total Equity | $972 | $883 | $684 |
Shares Outstanding | 156,560,000 | 154,377,000 | 152,480,000 |