Crane Co T.CR

Primary Symbol: CR Alternate Symbol(s): CXT

Technology Scientific & Technical Instruments

Crane Company is a manufacturer of engineered components for mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. Its segments include Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The Process Flow Technologies segment is a provider of engineered fluid handling equipment for critical applications. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, truck bodies and trailers (Transportation). It also designs and manufacturers multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications.

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Crane Co

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Comment by Seppelton Aug 13, 2020 5:49pm

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Post# 31405733

RE:RE:RE:RE:Crew & Kelt need to merge.

I also own Kelt. It has about 8,000 boe/d behind the pipe, 11 liquids rich wells (5 at Wembly, 6 at Oak) drilled and some already completed and tested. It doesn’t need any mergers and Crew can do better than 50 cents or whatever small premiums are paid these days.
Crew can still hang on for a couple of years but it has to be proactive. It missed the chance to sell Lloydminster and it has too many non producing assets in the Montney, unable to sell in order to focus on on West Septimus. It keeps bragging about ultra rich Condensate but it has no money to drill more than one pad a season.

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