Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Comment by BeatTheOddsSquaon Aug 29, 2020 4:27pm
144 Views
Post# 31475668

RE:CNRL are sniffing around for sure..

RE:CNRL are sniffing around for sure..The dollar value of the acquisition is one thing.

However the value of the amount of brainpower, manpower, time and energy it takes to raise capital, acquire land positions, shoot seismic, drill wells, build pipelines and plants, set up marketing agreements, meet regulatory requirements and countless other tasks is not lost on these acquiring companies.

ARX, CNRL, Conoco and others are well aware it would take them many years, immense effort and capital and good fortune to replicate what Crew, Pony and Kelt have built.

In addition most of the prime acreage has already been acquired so they could't replicate it even if they wanted to.

Buying companies or assets is often a much better approach.




Bullboard Posts