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Crew Energy Rises 4% As Reports Q4 EPS Beat But Misses on Revenues

Crew Energy Inc. (CR.TO) reported fourth quarter net earnings of $21.8 million, or $0.18 per share, better than consensus estimate of $0.01 and last year's net loss of $148.5 million, or $1.24 per share.

Revenues for the quarter amounted to $102.5 million, down from last year's $142.1 million but above the analyst estimate of $106.2 million.

The company is maintaining its forecasted average production of 27,500 to 28,500 boe per day in 2013.

CR was up 4% to $6.64, trading near 52-week low $4.88.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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