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Crane Co T.CR


Primary Symbol: CR Alternate Symbol(s):  CXT

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.


NYSE:CR - Post by User

Bullboard Posts
Post by bshort92on Aug 19, 2013 10:18pm
481 Views
Post# 21682457

What is the focus?

What is the focus?
Eric Nuttall commented on CR tonight on BNN Market Call Tonight. He basically said that CR changes their focus more than Elizabeth Taylor changed husbands. Makes sense witness their 2009 purchase of Gentry Resources that led to their aggressive Princess Pekisko medium oil (now classified as heavy) effort. He then touched on the 2010 Caltex purchase $620 million for 10,600 boe/d including 60% of that heavy oil in the Lloydminster corridor. He went on to say that both of the plays could be monetized in favor of focus to the growing robust Montney NG land position plus the emerging Tower BC oil play.
Bullboard Posts