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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 Aug 09, 2022 8:21pm
213 Views
Post# 34883411

RE:Reply Touchdown12 & Gonatgasgo

RE:Reply Touchdown12 & GonatgasgoBlah, blah, blah. What do ad hominems have to do with Crew. Crew speaks for itself, always has and probably always will. Returns have been fantastic over the last two years and will most likely be even better in the future. The world desperately needs nat gas and Crew has huge quantities. Debt levels are entirely reasonable given the huge assets backing those debts. Hedging losses are almost trivial compared to the huge asset value against which they are presently opposed..
The value of Crew is not only in its present assets but more importantly in its ability to convert those assets into even more valuable assets . How does it do that ? Simple by drilling. Recycle ratios are currently around 5, without the hedges we are looking at 7 . That means every dollar invested in drilling will give you between five and seven dollars back.
The share price of Crew is so unbelievably low that it borders somewhere between ridiculous and insane. It really needs to come up as it is such ridiculously lush low hanging fruit, that it will be snapped away from us !!
Remember what has happened to so many other similar companies. Try no to let it happen to us !!
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