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 TheGambler888on May 02, 2019 5:03pm

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Post# 29703242

RE:Too much debt

Why? if you would’ve read the reports you would know they still have to spend a lot of money before they make money. Crew does not need to have a debt payment plan until 2024. Crew has a healthy debt to assset ratio. Crew objective right now is too keep production less than 24,000 boe. Just enough to fund future projects. The more they profit the more taxes they pay. The plan is to get setup in Monteny and that will take some time. But I wouldn’t worry about it they have a good marketing team and David Smith who is also running Keyera and look how well they did. David smith is very strategic and there’s not point of going for record profits when Investor confidence is so low and the supply of oil is high.

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