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 > Q3 Earnings are out

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Comment by gonatgasgoon Nov 09, 2020 7:58am

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Post# 31861251

RE:Q3 Earnings are out

This is what I got out of the release.

Q4 Production guidance of 20k-21k.
The 7 wells will be ready before year end
Nothing in the subsequent event section of the report
They are working on 5 wells at 3-32
2021 production guidance will be shared in December

There is no question that I am disappointed to hear production in the 20k-21k range and no sale of anything to pay for the additonal 5(?) wells.

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