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.

NYSE:CR - Post by User

Crane Co > once the tree shaking stops . . .

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Comment by gonatgasgoon Jul 18, 2024 5:18am

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Post# 36137846

RE:once the tree shaking stops . . .

Thanks Indicator for posting. It is gated, so could you please paste the entire article?

I was able to read the first few lines only. It feels like this guy is comparing US and Cad prices. He said

The stock has fallen almost 50% since Sept. 2023. It has not even reached $7, so not even close.

The median target price is $6.00, which would be a double. Should be 33%.

Indicator, please post the entire article...it would be appreciated.

Indicator wrote: FWIW:

"Crew Reports on July 31st, and if they hit targets, could start a move higher.

Fortunately, as the RBN graphic shows, the Coastal Gas link is mechanically complete and ready to begin shipping 2.1 BCF/D westward to LNG Canada. Other pipeline projects are in various stages of construction or approvals.
The thesis for Crew
Crew currently trades at attractive multiples. EV/TTM EBITDA-4.2X and flowing bbl of $22K. Those numbers put Crew in the Buy category for investors looking for exposure to an eventual move higher in gas prices. I think the prerequisites are in place for that to happen over the next year and deliver the mid-point of analyst estimates."

https://seekingalpha.com/article/4703349-crew-energy-the-lng-canada-wait-is-almost-over