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 > Q1 Earnings Report - My Fear

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Post by gonatgasgoon May 04, 2022 12:23pm

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Post# 34655340

Q1 Earnings Report - My Fear

My fear is that Crew increased their hedges for 2023 at low prices.

In the last earings report, they had the following for 2023.

Jan - March 2023: 17,000 gj/day @ $3.82 / gj
April - Sept. 2023: 7,500 gj/day @ $2.79 / gj
Oct - Dec 2023: 7,500 gj/day @ $3.16 /gj

There is also a collar on top of that where 5,000 gj/day sells at $4.35 /gj if prices are above $4.35 for the entire 2023.

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