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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

Comment by Cheadle12on Nov 10, 2020 11:00pm
144 Views
Post# 31875608

RE:RE:RE:RE:Here's what I read:

RE:RE:RE:RE:Here's what I read:well unless their curve is way out to lunch, or their declines are absolutely massive, those 5-6 new wells come online in Q1,2021 and the 7 come online Q4,2020.  So this will put them in Q1 around 30,000bpd assuming 20% declines on existing wells.  On the new wells you can see the declines are super sharp so this will pull the volumes back down to 25,000.

Work it out, I could have it wrong but given the data they've shared that's the math.

gonatgasgo wrote:

In their Q2 earnings report, they said 2021 production will be in line with 2020 production. I believe they were silent about 2021 in their Q3 report.  However, they indicated they will provide the figures in December. Not sure why they do things that way other than they want to wait until the wells are producing. 

 



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