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 > Who bought ?

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Comment by KM24207on Aug 18, 2022 9:48pm

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Post# 34906387

RE:RE:RE:Who bought ?

Although I'm not a shareholder in crew (I currently hold IPO, VUX and BIR) I must say when I saw this announcement I went wow, great job!

Crew received $27.66/boe of reserves for this asset - that's extremely high - they say development costs would be $37.35/ boe so PacCan will have to spend $65.00 per boe to get this into production - that's extremely high, even at current gas prices, in my opinion it's break even at best.

As Crew shareholders you should all be really pleased with this deal, it's impressive!

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