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Crescent Energy (CRGY) Stock Price, News & Analysis

$10.71
-0.31 (-2.81%)
(As of 09/6/2024 ET)
Today's Range
$10.55
$11.09
50-Day Range
$10.19
$12.50
52-Week Range
$9.88
$13.85
Volume
2.16 million shs
Average Volume
2.05 million shs
Market Capitalization
$1.90 billion
P/E Ratio
N/A
Dividend Yield
4.48%
Price Target
$16.80

Crescent Energy MarketRank™ Stock Analysis

Analyst Rating
Buy
3.11 Rating Score
Upside/​Downside
56.9% Upside
$16.80 Price Target
Short Interest
Healthy
9.65% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.88mentions of Crescent Energy in the last 14 days
Based on 11 Articles This Week
Insider Trading
Acquiring Shares
$120,723 Bought Last Quarter
Proj. Earnings Growth
74.83%
From $1.43 to $2.50 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.82 out of 5 stars

Oils/Energy Sector

17th out of 239 stocks

Crude Petroleum & Natural Gas Industry

8th out of 79 stocks

CRGY stock logo

About Crescent Energy Stock (NYSE:CRGY)

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. The company is based in Houston, Texas.

CRGY Stock Price History

CRGY Stock News Headlines

Say Goodbye to the US Dollar
The warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late...
Crescent Energy (NYSE:CRGY) Shares Gap Up After Analyst Upgrade
Say Goodbye to the US Dollar
The warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late...
CRGY Sep 2024 17.500 call
See More Headlines
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Company Calendar

Last Earnings
8/05/2024
Ex-Dividend for 9/3 Dividend
8/19/2024
Dividend Payable
9/03/2024
Today
9/07/2024
Next Earnings (Estimated)
11/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Petroleum And Natural Gas
Employees
700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.80
High Stock Price Target
$21.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+56.9%
Consensus Rating
Buy
Rating Score (0-4)
3.11
Research Coverage
9 Analysts

Profitability

Net Income
$67.61 million
Pretax Margin
1.98%

Debt

Sales & Book Value

Annual Sales
$2.61 billion
Cash Flow
$4.41 per share
Book Value
$12.06 per share

Miscellaneous

Free Float
154,040,000
Market Cap
$1.90 billion
Optionable
Optionable
Beta
2.26
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CRGY Stock Analysis - Frequently Asked Questions

How have CRGY shares performed this year?

Crescent Energy's stock was trading at $13.21 at the start of the year. Since then, CRGY shares have decreased by 18.9% and is now trading at $10.71.
View the best growth stocks for 2024 here
.

How were Crescent Energy's earnings last quarter?

Crescent Energy (NYSE:CRGY) announced its quarterly earnings data on Monday, August, 5th. The company reported $0.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.26 by $0.05. The firm had revenue of $653.28 million for the quarter, compared to the consensus estimate of $619 million. Crescent Energy had a trailing twelve-month return on equity of 13.41% and a net margin of 0.61%.

Who are Crescent Energy's major shareholders?

Crescent Energy's top institutional shareholders include American Century Companies Inc. (4.38%), The Manufacturers Life Insurance Company (2.07%), Marshall Wace LLP (1.59%) and Dimensional Fund Advisors LP (1.50%). Insiders that own company stock include Retirement System Of T Teacher, Kkr Group Partnership LP, Michael Duginski, David C Rockecharlie, Karen Jo Simon, Brandi Kendall, Benjamin Conner, John Clayton Rynd, Todd Falk and Energy Aggregator Independence.
View institutional ownership trends
.

How do I buy shares of Crescent Energy?

Shares of CRGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CRGY) was last updated on 9/7/2024 by MarketBeat.com Staff

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