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 > Crew has top producing condensate wells in October

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Comment by gonatgasgoon Dec 14, 2023 1:38pm

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Post# 35784977

RE:RE:RE:Crew has top producing condensate wells in October

I think the ambiguous COP 28 announcement this morning should bode well for NG as confirmation "transition fuel" is necessary. Any thoughts on that guys?

I think the issue is countries have to move away from fossil fuels in an orderly fashion. For Saudi and others, it probably means a slow transition. For Trudeau and Biden, they will literally say we need to get out.

Yes, there is something for everybody, it all depends on their "interpretation" or essentially do whatever they want while still feeling they are within what was agreed.

PonyBoyOutsider wrote:
I'm frustrated beyond belief with the sector in general, ESG, negative sentiment compared to years past (institutional investment), however, it is broad and not CR specific.

In fact, other sectors not feeling any love either (mining stocks come to mind - I'm watching closely a few junior miners (Gold / Nevada) and everything looks dismal for the time being.

There has to be a trend movement eventually when tech bubble/AI and other colourful platforms (bitcoin etc) (where money is being parked in recent years), in order for the likes of Crew to achieve closer to NAV, it'll come, but, the wait is likely going to be much longer than we had all hoped by the looks.

Eventually, one by one, all of us will likely have an aha moment on some new 52 week high and exit, hopefully we get are targets (those 8-10.00/share previous comments) if not, hopefully close to it!

I feel like after Cr realizes more condensate (pivot to that focus) announcement of hold off of 4 year plan (based on forward strip pricing) debt reduction to nothing over next year and half, and start up of LNG Canada, we should see $7.50 or better.

I think the ambiguous COP 28 announcement this morning should bode well for NG as confirmation "transition fuel" is necessary. Any thoughts on that guys?

PonyBoy Outsider