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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.


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Post by gonatgasgoon Apr 26, 2022 2:00pm
208 Views
Post# 34632924

OilPrice.com

OilPrice.comI get a weekly e-mail from OilPrice.com that provides a short update of what is happening out there.  Two interesting points below.



US Shale Growth Marred by Frac Fleet Shortage. The shortage of frac fleets (equipment to perform hydraulic fracturing) has become one of the main impediments to US crude production this year, with the current number of frac spreads deployed (270) being well below pandemic levels (360-370).


Canada Drilling Heats Up to Unseen Highs. Drilling activity has risen to the highest level on record in Canada, with the latest available January data showing 617 active wells in Alberta, surpassing the previous high set in October 2011.


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