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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 Oldnaggeron May 18, 2022 9:09am
127 Views
Post# 34691794

RE:RE:Posters wanted

RE:RE:Posters wanted

For longer term investors Crew is number 1 due to its huge reserves. For the short term NVA is investing in growing its production with an over 300% rate of return on new drilling. Crew is now focussing on paying down debt for a 6.5% return. Crew really needs to focus on extending their debt with long term notes, then get on with drilling which they can support for at least the next year with high priced hedges. 

They might already be planning this, but if so they haven't said so. Till they come out with something, I expect this board to be very quiet, That would be a great loss IMHO !!

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