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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Comment by BeatTheOddsSquaon Mar 28, 2021 2:08pm

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Post# 32895200

RE:RE:RE:Question

That's why I had a chuckle when I looked at Crew's guidance.

If you see my notes, I don't know if they had to shut-in production in the UCR area for drilling and completion operations on the 3-32 Pad, which would reduce Q1/2021 production volumes.

Also I used the production rates for the 9-5 Pad from the Feb 1 release without declining it as they mention in the release that the 9-5 Pad was producing at restricted rates.

Crew currently has up to 18 DUC wells available for completion to offset declines and can easily maintain production at over 30,000 Boe/day without any additional drilling, from my estimates.

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