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 > This could be one of the reasons for an increase in price

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Comment by Cheadle12on Jan 17, 2022 9:17pm

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Post# 34326796

RE:RE:RE:RE:This could be one of the reasons for an increase in price

Keep in mind also, Tourmaline (and ARX) are paying out a lot of dividends.. TOU just declared a $1.25 special dividend.. and bumped their annual to $.80c. This needs to be factored in, particularly in an M&A deal.

Cheadle12 wrote: $85 WTI & $88 Condensate.

Yes, I'd still take $4/share, all stock. Any gains from here are taxable for me.. so an all staock deal and ride up a bigger PONY (like TOU or ARX) would be a great thing.

I'm not sure about $7.50.. that's a recent price target from a bank.. but I do think $5-6 is now foreseeable if Oil prices stick.. and gas too.

Even though Crew is a Nat Gas producer, it's Oil prices that bring all the sentiment to the sector.. which benefits Crew.. Nat Gas could soar up to $6 again, Nymex.. and Crew wouldn't move as much as it would if Oil moves up to it's 7 year high.

~TGC.

robert41 wrote: Hang on there cheadle a couple of weeks ago you said we should sell for $4 bucks. What's the deal ? Now you think we are worth $7.50?