)
Visual24 Oct 2025
The rise of Alphabet
Crew Energy (CR) investor relations material
Crew Energy Q2 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2024 earnings summary7 Aug, 2024
Executive summary
Q2 2024 condensate production rose 67% year-over-year, driving a 55% AFF margin and exceeding market expectations.
Average production was 29,253 boe/d, near guidance midpoint, with new UCR wells offsetting dry gas shut-ins due to low prices.
Net debt reduced by 16% sequentially, with strong free AFF used for debt reduction and balance sheet strengthening.
Strategic focus on high-value liquids, capital efficiency, and advancing infrastructure projects like West Septimus electrification.
Financial highlights
Petroleum and natural gas sales were $75.8M in Q2 2024, up from $66.6M in Q2 2023.
Adjusted funds flow was $41.4M ($0.26/share diluted), down from $59.0M ($0.36/share) year-over-year.
Net income was $13.5M ($0.08/share diluted), compared to $33.7M ($0.21/share) in Q2 2023.
Net capital expenditures were $15.9M, below guidance, reflecting capital discipline.
Free AFF was $25.6M, largely allocated to debt reduction.
Outlook and guidance
2024 guidance unchanged: net capital expenditures of $165–$185M and average production of 29,000–31,000 boe/d.
Focus on increasing condensate and light oil production by over 20% year-over-year.
Q3 2024 capital program targets $60–$70M spend, with average production of 27,000–29,000 boe/d, assuming continued gas curtailments.
Plans to maintain net debt to LTM EBITDA below 1.0x (Q2/24: 0.6x) and advance West Septimus electrification.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Crew Energy Inc. is a growth-oriented, liquids-rich natural gas producer primarily focused on the development and production of natural gas assets. Established in 2003, the company's operations are exclusively concentrated in the Montney resource play located in northeast British Columbia, Canada. The company is headquartered in Calgary, Alberta, and its shares are listed on the Toronto Stock Exchange.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage