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 > 2 year plan, but what is Crew's plan.

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Comment by Cheadle12on Feb 11, 2022 6:36pm

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RE:RE:2 year plan, but what is Crew's plan.

Flattered Gonat, thank you.

I'll likely attend the ASM/AGM (virtual this year likely again) and will report back.

Thinking Dale will probably give us an update before then.. $94 WTI today.. so he could be focused on some of the UCR wells at West Septimus... that's a lot of Cash Flow from those wells.

Also team, check Arc Resources Marketing for their Gas in Q4. They got nearly $7 Mmcf on their gas through Q4 with incredible marketing.. capturing the high prices at various US hubs. Can/will Crew do this... I think they can. We might be in for a surprise on the Q4 ER if they have.

What is not to like here.. it's incredible. Happy to keep holding and seeing how this plays out.

~The Great Cheadle.

gonatgasgo wrote:
I would like to hear what they are thinking about 2023. I know what I would like to see, but I trust Dale. He just needs to tell us.

- Even research analysts are just speculating. RBC estimates production of 39,000 boe/d in 2023 when TD is at 35,000 boe/d.
- They are paying down debt, but what is the ideal level to reach before giving money back to shareholders?
- Do they want to refinance their long term debt into something smaller or do they want to put the balance on the line of credit?
- Are they buying some hedges for 2023 or not?
- How do they plan to pay shareholders back...dividends or share buy back?
- Like the Great Cheadle said, do they want to expand some production?
- They said about a year ago that they would consider any offers from other firms. Is it still true?

So many questions. Even if Dale does not want to talk about 2024, he should say what he is thinking for 2023. The Great Cheadle, we nominate you to attend the shareholder meeting in May and you could report back.

Cheadle12 wrote: Solid 2 year plan, executing flawlessly.

But what is the "plan" for Crew? The exit Plan ? The Price Target?

We're floating around under $4 for some time now. Equity buyers have yet to come to the table. Debt markets are pretty good, so refi should be no issue. So should Dale consider laying out a 3 year plan, a 4 year plan and incorporate LNG egress into this? ..

Should Crew buy back shares to drive the stock price up in 2023? or continue to build out Groundbirch and look to be acquired (my guess).

Thoughts here team.. for discussion purposes only.

~TGC.