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 > bbwibone

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Comment by gonatgasgoon Apr 06, 2023 8:07pm

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Post# 35384158

RE:RE:RE:RE:bbwibone

The little to no debt might be short lived. I am convinced they will issue some long term debt if they go ahead with the 4 year plan. It may not be $300M but maybe around $200M. I just hope it will be well received by the market. If they delay the construction of the Groundbirch plant, maybe they could just keep drilling for condensate. I do not know what the infrastructure limitations with the condensate are.

Maybe they will sell their production at Tower to get more cash? They better not issue stocks to pay for the Groundbirch plant.

sportstermathew wrote: Totally disagree, not that the price will be supported but the condensate production
alone and new wells will support this and a higher price no problem.

CR under promises and then reports decent numbers or comes out with
good future estimates or deals that will move it forward.

On another matter they will be heading to little or no debt soon.

If you don't like it walk away, go to another one.

I like PEY, BNE, PRQ, & PNE all with great stories, land and or low debt.