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 > West coast LNG will be a game changer

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Comment by gonatgasgoon Feb 21, 2024 12:44pm

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Post# 35891198

RE:West coast LNG will be a game changer

Does anybody know, or dare to guess as to why LNG Canada still has not made a decision on phase 2?

Is it because there is not enough electricity for the second phase and the government has a problem? Is it because they want to make sure phase 1 works well before committing to phase 2?
Is it because work would not start until phase 1 is complete, so no need to give the ok now?

Phase 2 seems like a no brainer to me, but what do I know.

robbyrob wrote: Never mind the pessimism from the shorters trying to steal your shares for cheap.

Right now, Canadian natural gas can only be consumed by Canadians or sent to the United States. As far as I know, the United States doesn't have any west coast LNG terminals except a small one in Alaska and shipping LNG through the Panama Canal is getting more difficult and expensive.

Soon, Canadian LNG will hopefully start to feed the hungry Asian market and oversupply/storage issues will disappear.