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 > Mr mommo and others

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Comment by gonatgasgoon Mar 25, 2023 8:00am

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Post# 35360081

RE:RE:RE:RE:Mr mommo and others

Oldnagger, when I read your numbers, they almost seem too good to be true. I know the wells are exceeding expectations, and they hedged at good prices. You remember the infrastructure sale in 2020? There is an option for another sale before June 30, 2023 for $37.5M. See page 10 of the corporate presentation.

https://crewenergy.com/wp-content/uploads/2023/03/Corporate-Presentation-March-2023_FINAL_2.pdf

I did not think they were going to use that option, but I am not so sure anymore.

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