Crew Energy Inc. (TSE:CR) has released an update.
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Crew Energy Inc. reported a robust end to 2023 with a record 55% increase in condensate production and a 21% reduction in net debt, strengthening their financial position. The company also boasted a significant net income of $119.7 million and managed to lower cash costs, contributing to a successful year marked by strategic infrastructure projects and an improved balance sheet.
For further insights into TSE:CR stock, check out TipRanks’ Stock Analysis page.