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 gonatgasgoon Aug 10, 2020 10:10am

168 Views

Post# 31386872

RE:What may Crew get from their 7 wells at West Septimus?

Thanks for your analysis. I hope you are right. What Crew needs to do is not as much pay down the debt, but start generating free cash flows. If they could increase production to 26,000 - 28,000 boe/d, then they would be in the area of generating $25 Million of FCF per year. That would help the stock price.

Kelt paid down their debt and it did not do anything to the stock price.
When Crew restructured their gas processing facility and got $70 M, the stock did not do anything.

If they could sell some land and use the proceeds to increase production, that would be the ideal scenario. Their July presentation talks about an infrastructure of 40,000 boe/d but I am not sure how much needs to be invested to reach such level.

Let's hope we do not get taken over as nat gas prices are improving and the stock has a lot of potential.

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