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 > Can anyone answer why....

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Comment by Cheadle12on Oct 19, 2020 7:22pm

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Post# 31745606

RE:RE:RE:RE:RE:Can anyone answer why....

Everyone can speculate al they want about this company, but I can tell you this, they're gonna grow production. It's their plan. Then from there they'll sell into a bigger name like Shell or PetroChina.

All talk about debt/equity conversion is pure fantasy land. They believe very strongly that they can grow into their debt.

If they sell off an asset and grow production to 30kpbd, $50-60 Oil & $2.60 Nat Gas and D/CF is well in line.

That's there plan, call them yourselves if you dont' believe me.

~The Amazing Cheadle.

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