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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 downwithdotcom1on Aug 06, 2021 12:19pm
316 Views
Post# 33663620

RE:RE:RE:RE:RE:RE:RE:Punished for no asset sales / no debt reduction.

RE:RE:RE:RE:RE:RE:RE:Punished for no asset sales / no debt reduction.i remember this ..simple, lands were sold conditionally but then deal fell apart as the buyer's financing fell thru..i've always been a supporter of them KEEPING their heavy oil assets as its served them well on a number of occasions with much better netbacks - relatively low cost for sustained maintenance .choose when to increase production or not without damaging the well bores . BUT, if they can get a decent price i'd rather see it sold when WCS is near $60 than when it was much lower...another idea , ENB's pipeline shortages are substantial right now - the new replaced LINE 3 is expected to be in service in Q4 which will increase flowage 2 fold and then some which will hopefully decrease WCS discounting as its been widening once again...dwdc
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