Crescent Energy Company (CRGY)
| Market Cap | 2.14B |
| Revenue (ttm) | 2.45B |
| Net Income (ttm) | -16.35M |
| Shares Out | 177.46M |
| EPS (ttm) | -1.09 |
| PE Ratio | n/a |
| Forward PE | 5.14 |
| Dividend | $0.48 (3.99%) |
| Ex-Dividend Date | May 20, 2024 |
| Volume | 2,133,454 |
| Open | 11.90 |
| Previous Close | 11.82 |
| Day's Range | 11.79 - 12.05 |
| 52-Week Range | 9.74 - 14.22 |
| Beta | 1.20 |
| Analysts | Buy |
| Price Target | 16.50 (+37.04%) |
| Earnings Date | Aug 7, 2024 |
About 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. [Read more]
Financial Performance
In 2023, CRGY's revenue was $2.38 billion, a decrease of -22.06% compared to the previous year's $3.06 billion. Earnings were $67.61 million, a decrease of -30.06%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for CRGY stock is "Buy." The 12-month stock price forecast is $16.5, which is an increase of 37.04% from the latest price.
News
Crescent Energy and SilverBow Resources Announce Expiration of Hart-Scott-Rodino Act Waiting Period
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) ("Crescent" or the "Company") and SilverBow Resources, Inc. (NYSE: SBOW) ("SilverBow") today announced the expiration of the waiting peri...
Crescent Energy Among The 'Very Best' E&P Companies, Says Analyst: SilverBow Deal Offers 'Clear Synergies'
Crescent Energy Co CRGY inked an agreement to acquire SilverBow Resources Inc SBOW for $2.1 billion.
Crescent Energy Announces Pricing of $750 Million Private Placement of 7.375% Senior Notes Due 2033
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“we” or “our”) announced today that its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) has priced its previously announc...
Crescent Energy Announces Offering of $750 Million Private Placement of Senior Notes Due 2033
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“we” or “our”) announced today that, subject to market conditions, its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) in...
Crescent Energy Receives Favorable Responses from All Three Rating Agencies on Its Recently Announced Agreement to Acquire SilverBow Resources
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) today announced that S&P Global Ratings (“S&P”) and Fitch Ratings, Inc. (“Fitch”) have taken positive ratin...
SILVERBOW RESOURCES INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of SilverBow Resources, Inc. - SBOW
NEW ORLEANS , May 16, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SBOW, CRGY
NEW YORK , May 16, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches ...
Crescent Energy to Acquire SilverBow in $2.1B Deal
SilverBow Resources has agreed to be acquired by its Houston-based rival Crescent Energy in a deal valued at $2.1 billion.
CRGY Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Crescent Energy Company Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Crescent Energy Company (NYSE: CRGY) and SilverBow Resources, Inc. is fair to Crescent ...
Crescent Energy to Acquire SilverBow Resources for $2.1 Billion, Creating a Leading Growth Through Acquisition Company with a Premier Eagle Ford Position
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) and SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow”), today announced that they have entered into a def...
Crescent Energy nears $2.1 billion deal for SilverBow, Bloomberg News reports
Oil and gas producer Crescent Energy is in advanced talks to buy SilverBow Resources that values it at $2.1 billion, Bloomberg News reported on Thursday, citing people familiar with the matter.
Crescent Energy Reports First Quarter 2024 Results
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) today announced financial and operating results for the first quarter of 2024. Crescent's earnings release ...
Crescent Energy Schedules First Quarter 2024 Earnings Release and Conference Call
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) today announced plans to host a conference call and webcast at 10 a.m. CT, on Tuesday, May 7, 2024 to discuss its first quarter 2024 fina...
Crescent Energy Announces Expiration and Results of Its Tender Offer for Its 7.250% Senior Notes Due 2026
HOUSTON--(BUSINESS WIRE)--Crescent Energy Finance LLC (“CE Finance”), a wholly owned subsidiary of Crescent Energy Company (NYSE: CRGY) (“Crescent”), announced today that the tender offer (the “Tender...
Crescent Energy Announces Pricing of $700 Million Private Placement of 7.625% Senior Notes Due 2032
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“we” or “our”) announced today that its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) has priced its previously announc...
Crescent Energy Announces Tender Offer for Its 7.250% Senior Notes due 2026
HOUSTON--(BUSINESS WIRE)--Crescent Energy Finance LLC (“CE Finance”), a wholly owned subsidiary of Crescent Energy Company (“Crescent”) announced today that it has commenced a cash tender offer (the “...
Crescent Energy Announces Offering of $700 Million Private Placement of Senior Notes Due 2032
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“we” or “our”) announced today that, subject to market conditions, its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) in...
Crescent Energy Company Announces Pricing of Secondary Public Offering of Common Stock and Agreement to Repurchase OpCo Units
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (“Crescent” or the “Company”) (NYSE: CRGY) today announced the pricing of an underwritten public offering of 12,000,000 shares of its Class A common s...
Crescent Energy Company Announces Secondary Public Offering of Common Stock and Intention to Repurchase OpCo Units
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (“Crescent” or the “Company”) (NYSE: CRGY) today announced the commencement of an underwritten public offering of 12,000,000 shares of its Class A com...
Crescent Energy Reports Fourth Quarter and Full Year 2023 Results
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) today announced its fourth quarter and full year 2023 financial and operating results, as well as its 2024 ...
Crescent Energy Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) today announced plans to host a conference call and webcast at 10 a.m. CT, on Tuesday, March 5, 2024 to discuss its fourth quarter and fu...
Crescent Energy Receives a Gold Standard Pathway Rating from the United Nations' Oil & Gas Methane Partnership for a Second Consecutive Year
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) ("Crescent" or the "Company") today announced that it received the Oil & Gas Methane Partnership's (“OGMP 2.0”) Gold Standard pathway rat...
Crescent Energy Announces Pricing of $150 Million Private Placement of Additional 9.250% Senior Notes Due 2028
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“we” or “our”) announced today that its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) has priced its previously announc...
Crescent Energy Announces Offering of $150 Million Private Placement of Additional 9.250% Senior Notes Due 2028
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“we” or “our”) announced today that, subject to market conditions, its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) in...
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