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

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Post by gonatgasgoon Mar 05, 2021 8:58am

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Post# 32726343

Oil at $65

We all know Crew benefits from an increase in oil prices. Below is a reminder of the assumptions and sensitivity analysis used by Crew in their projections.

2021

Expected AFF: $85-105 Million
Assumptions for WTI: U$45.20/barrel
Sensitivity for a C$1 change in WTI prices: +1.4 Million is AFF/year

2022

Expected AFF: $120-150 Million
Assumptions for WTI: U$44.60/barrel
Sensitivity for a C$1 change in WTI prices: +2.0 Million is AFF/year

There are many other variables, such as exchange rates and WCS prices that come into play, but if these prices hold, we are talking about 20-25% increases in AFF per year. Natural gas prices are also higher than expected.

It is looking good.

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Changing Europe’s dependency on HREE from China