Share Price Catalysts, page-1579

Be nice if Calima Energy could draw a little more unpaid broker attention...as in that recently released for Montney's Crew Energy...

Asset-development plan in progress: Crew Energy operates exclusively in the world-class Montney play in northeast British Columbia. Despite the $1.37 million net loss in Q1 2022, investors didn’t bail out on the $703.65 million growth-oriented natural gas weighted producer. Management is on track to achieve the goals in its two-year plan that was launched in 2020.Total sales, cash provided by operating activities, and adjusted fund flows increased 53%, 81%, and 128%, respectively, versus Q1 2021. Dale Shwed, Crew’s president and CEO, said, “Our results for the first quarter of 2022 are indicative of the significant progress achieved to date on our two-year asset development plan.” Management expects to realize a more than 20% increase production and an improvement in leverage metrics by year-end. If you invest today, Crew Energy trades at only $4.60 per share.

Upside potential: Vermilion Energy and Crew Energy are bona fide price performers. Based on market analysts’ price forecasts, the former could climb 42% in 12 months, while Crew has a 66% upside potential.