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 > Asset Play

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Comment by gonatgasgoon Jun 03, 2024 9:23pm

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Post# 36070380

RE:RE:Asset Play

Your guess is as good as mine...actually probably better.

The only problem is what is Crew going to look like in Dec. 2025? I think production will not exceed 33,000 boe/d. Debt will probably be around $50M. No dividends and no share buyback. In other words, Crew's value in 18 months would be about the same as today's value. So why wait? Management is getting paid quite well every year. Would that be the reason?

upinmuskoka1 wrote: IMO I do not think the CREW as we know it today will be around by EOY 2025. I am hoping it will be EOY 2024.

But if it is there will mostly likely be an additional 5-10 million shares added to the float between 165-170 million.

Dale and the BOD will milk their performance awards for as long as possible.