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    Crew Energy Announced a Net Loss of C$148.5 Million

    Investing News Network
    Mar. 06, 2012 08:51PM PST
    Resource Investing

    Reuters reported that Crew Energy Inc (TSX:CR) announced a net loss of C$148.5 million in its fourth quarter due to weak U.S. natural gas prices.

    Reuters reported that Crew Energy Inc (TSX:CR) announced a net loss of C$148.5 million in its fourth quarter due to weak U.S. natural gas prices.

    As quoted in the market news:

    For the fourth quarter, Crew reported a net loss of C$148.5 million ($149.43 million), or C$1.24 a share, compared with a net loss of C$14.2 million, or 18 Canadian cents a share, a year ago.

    Click here to read the full Reuters report.

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