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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 uwebb429on Nov 01, 2023 2:05am
115 Views
Post# 35710598

RE:RE:Coastal GasLink pipeline fully installed

RE:RE:Coastal GasLink pipeline fully installedCheck out the woke mobs and foreign funded enviro-zealots that the Coastal GasLink project was up against. 

https://www.cbc.ca/news/canada/british-columbia/rcmp-coastal-gaslink-bc-violence-investigating-1.6356257

Completing this pipeline was a major success. Hats off to the crew that was out laying pipe at -30°C through challenging northern B.C terrain with crazy people trying to kill them. Getting that last piece of pipe welded up was truly a moment to celebrate. 

LNG Canada has been saying "mid-decade" for a while. That is just over a year away. Line fill might be ready to get started by this time next year. 

The JKM (Japan/Korea) natural gas price is about 8 times the current AECO Alberta price.

https://www.cmegroup.com/markets/energy/natural-gas/lng-japan-korea-marker-platts-swap.html#venue=globex

Tolls and shipping costs will cut into that profit but anyone with more smarts than an ex junior high drama teacher knows that there is definitely a strong business case for shipping LNG to Asia. Crew will benefit significantly. I just hope Crew does not get bought out between now and then. 
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