Crescent Energy (NYSE:CRGY - Get Free Report) will likely be posting its quarterly earnings results after the market closes on Wednesday, February 26th. Analysts expect Crescent Energy to post earnings of $0.26 per share and revenue of $889.39 million for the quarter. Parties that wish to listen to the company's conference call can do so using this link.
Crescent Energy Stock Down 4.8 %
NYSE:CRGY traded down $0.73 during mid-day trading on Friday, reaching $14.29. The company's stock had a trading volume of 2,808,533 shares, compared to its average volume of 2,009,581. Crescent Energy has a 1 year low of $9.88 and a 1 year high of $16.94. The stock has a fifty day moving average of $15.09 and a 200-day moving average of $13.39. The firm has a market capitalization of $3.26 billion, a PE ratio of 23.04 and a beta of 2.16. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.12.
Wall Street Analyst Weigh In
A number of analysts have weighed in on the company. Siebert Williams Shank assumed coverage on Crescent Energy in a report on Monday, February 3rd. They set a "buy" rating for the company. Pickering Energy Partners initiated coverage on Crescent Energy in a research note on Monday, October 28th. They set an "outperform" rating for the company. Mizuho increased their price target on shares of Crescent Energy from $16.00 to $17.00 and gave the company a "neutral" rating in a research report on Tuesday, January 14th. Truist Financial increased their price target on shares of Crescent Energy from $18.00 to $21.00 and gave the company a "buy" rating in a research report on Monday, January 13th. Finally, Stephens increased their target price on shares of Crescent Energy from $15.00 to $16.00 and gave the company an "overweight" rating in a research report on Monday, October 28th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $17.50.
Check Out Our Latest Research Report on CRGY
About Crescent Energy
(
Get Free Report)
Crescent Energy Company acquires, develops, and produces crude oil, natural gas, and natural gas liquids (NGLs) reserves. Its portfolio of assets comprises mid-cycle unconventional and conventional assets in the Eagle Ford and Uinta Basins. It also owns and operates various midstream assets, which provide services to customers.
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