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 > Goldman Sachs turns bullish on Natural Gas

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Comment by BeatTheOddsSquaon Jan 14, 2021 2:05pm

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Post# 32298229

RE:RE:RE:Goldman Sachs turns bullish on Natural Gas

I was focused on the part of the article that said:

Supposedly, the smartest people in the room also believe there will be "significant upside to NYMEX gas prices this summer to help correct what we see as a 2.5 Bcf/d imbalance in the market through Oct21. Accordingly, we maintain our $3.25/mmBtu 2021 summer US gas price forecast vs. forwards at $2.80."

I was trying to understand what would support NG prices this summer and I didn't think of LNG exports to Asia and Europe as being a catalyst. 2.5 Bcf/day is a fairly significant volume shortfall which may be difficult to make up as most E&P companies are not drilling for gas at this time.

Wait a minute, there is one I can think of...Crew Energy.

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