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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 gonatgasgoon Aug 16, 2021 2:19pm
158 Views
Post# 33710984

RE:RE:Nat Gas vs Oil

RE:RE:Nat Gas vs OilAccording to the corporate presentation, Crew's oil production is 6% of total for Q3 and it will be 3% in Q4.  Condensate is around 10%.



Cheadle12 wrote: It's a good question.

I really feel that Dale needs to go on BNN & talk about his company an "Almost Pure Play BC Montney Natural Gas producer, prime for LNG takeway with ample egress".

Need to trim the Heavy Oil assets though, they are like the "cat came back"... a blight on an otherwise perfect company (once debt has been reduced $125M).


gonatgasgo wrote: Why is Crew more correlated to the price of oil as opposed to natural gas?  This is not specific to Crew, but others like Peyto and Tourmaline also seem to be in the same situation.

 




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