Crescent Energy Company (CRGY)

NYSE: CRGY · IEX Real-Time Price · USD
13.63
+0.29 (2.17%)
Dec 5, 2022 4:00 PM EST - Market closed
2.17%
Market Cap 2.35B
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 168.99M
EPS (ttm) 6.53
PE Ratio 2.09
Forward PE n/a
Dividend $0.63 (4.62%)
Ex-Dividend Date Nov 22, 2022
Volume 703,534
Open 13.59
Previous Close 13.34
Day's Range 13.34 - 14.26
52-Week Range 10.86 - 19.65
Beta n/a
Analysts Buy
Price Target 17.60 (+29.1%)
Earnings Date Nov 9, 2022

About CRGY

Crescent Energy Company, an energy company, explores for, develops, and produces crude oil, natural gas, and natural gas liquids (NGLs) reserves. The company holds a portfolio of oil and natural gas assets in key proven basins, including the Eagle Ford, Rockies, Barnett, Permian, Mid-Con, and other basins in the United States. As of December 31, 2021, it had 1,528 gross undrilled locations, including 567 gross operated drilling locations; and 531.6 net million barrels of oil equivalent of proved reserves. The company was founded in 2020 and is ... [Read more]

Industry Oil & Gas E&P
Founded 1986
CEO David C. Rockecharlie
Employees 2,021
Stock Exchange NYSE
Ticker Symbol CRGY
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for CRGY stock is "Buy." The 12-month stock price forecast is 17.6, which is an increase of 29.13% from the latest price.

Price Target
$17.6
(29.13% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Crescent Energy to Attend BofA Leveraged Finance Conference

HOUSTON--( BUSINESS WIRE )--Crescent Energy Company (NYSE: CRGY), ("Crescent" or the "Company"), today announced that representatives of the Company will be participating in the BofA Leveraged Finance C...

1 week ago - Business Wire

Crescent Energy to Attend BofA Global Energy Conference

HOUSTON--( BUSINESS WIRE )--Crescent Energy Company (NYSE: CRGY), ("Crescent" or the "Company"), today announced that representatives of the Company will be participating in the BofA Global Energy Confe...

2 weeks ago - Business Wire

Crescent Energy Reports Third Quarter 2022 Financial and Operating Results

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY), ("Crescent" or the "Company"), today announced financial and operating results for the third quarter of 2022 and a quarterly cash dividend...

3 weeks ago - Business Wire

Crescent Energy Schedules Third Quarter 2022 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)---- $CRGY--Crescent Energy Company (NYSE: CRGY) today announced plans to host a conference call and webcast to discuss its third quarter 2022 financial and operating results at ...

1 month ago - Business Wire

Crescent Energy Announces Positive Amendments to Revolving Credit Facility and Completes Secondary Equity Offering

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) ("Crescent" or the "Company") today announced amendments to its revolving credit facility (the “Credit Facility”), effective September 23, ...

2 months ago - Business Wire

Crescent Energy Publishes Second Annual ESG Report; Announces New ESG Goals

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) today released its second environmental, social and governance (“ESG”) report discussing the Company's activi...

2 months ago - Business Wire

Crescent Energy Company Announces Pricing of Secondary Public Offering of Class A Common Stock

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (“Crescent” or the “Company”) (NYSE: CRGY) today announced the pricing of an underwritten public offering of 5,000,000 shares of its Class A common stoc...

2 months ago - Business Wire

Crescent Energy Company Announces Secondary Public Offering of Class A Common Stock

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (“Crescent” or the “Company”) (NYSE: CRGY) today announced the commencement of an underwritten public offering of 5,000,000 shares of its Class A common...

2 months ago - Business Wire

Crescent Energy Reports Second Quarter 2022 Financial and Operating Results

HOUSTON--(BUSINESS WIRE)---- $CRGY--Crescent Energy Company (NYSE: CRGY), ("Crescent" or the "Company"), today announced financial and operating results for the second quarter of 2022 and a quarterly ca...

3 months ago - Business Wire

Crescent Energy Schedules Second Quarter 2022 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)---- $CRGY--Crescent Energy Company (NYSE: CRGY) today announced plans to host a conference call and webcast to discuss its second quarter 2022 financial and operating results at...

4 months ago - Business Wire

Crescent Energy (CRGY) Is a Great Choice for "Trend" Investors, Here's Why

If you are looking for stocks that are well positioned to maintain their recent uptrend, Crescent Energy (CRGY) could be a great choice. It is one of the several stocks that passed through our "Recent P...

5 months ago - Zacks Investment Research

Crescent Energy Reports First Quarter 2022 Financial and Operating Results

HOUSTON--(BUSINESS WIRE)---- $CRGY--Crescent Energy Company (NYSE: CRGY) today announced financial and operating results for the first quarter of 2022 and increased its quarterly cash dividend by 40% to...

6 months ago - Business Wire

Crescent Energy Schedules First Quarter 2022 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)---- $CRGY--Crescent Energy (NYSE: CRGY) today announced plans to host a conference call and webcast to discuss its first quarter 2022 financial and operating results at 10 a.m. ...

7 months ago - Business Wire

Crescent Energy Closes Accretive Acquisition of Uinta Basin Assets

HOUSTON--(BUSINESS WIRE)---- $CRGY--Crescent Energy Company (NYSE: CRGY) today announced the closing of its previously announced acquisition of Uinta Basin assets. Total cash consideration at closing wa...

8 months ago - Business Wire

Crescent Energy Reports 2021 Financial and Operational Results

HOUSTON--(BUSINESS WIRE)---- $CRGY--Crescent Energy Company (NYSE: CRGY) today announced actual and pro forma financial and operational results for 2021 and declared a quarterly cash dividend of $0.12 p...

8 months ago - Business Wire

Crescent Energy Schedules Full-Year 2021 Earnings Release and Conference Call

HOUSTON--(BUSINESS WIRE)---- $CRGY--Crescent Energy today announced plans to host a conference call and webcast to discuss its full-year 2021 financial and operating results at 10 a.m. CT, on Thursday, ...

9 months ago - Business Wire

Crescent Energy buys Uinta oil and gas assets in Utah

Crescent Energy Co. CRGY, -2.72% said Wednesday it agreed to pay $815 million in cash for Uinta Basin assets previously owned by EP Energy. Verdun Oil Company II LLC is the seller on the deal, which is ...

9 months ago - Market Watch

Crescent Energy Announces Highly Accretive Acquisition of High-Margin Oil Assets in the Uinta Basin

HOUSTON--(BUSINESS WIRE)---- $CRGY--Crescent Energy Company (NYSE: CRGY) today announced that it has entered into a definitive purchase agreement with Verdun Oil Company II LLC to acquire Uinta Basin as...

9 months ago - Business Wire

Crescent Energy Joins the OGMP 2.0 Initiative for Methane Emissions Reporting, Enhancing the Foundation of its Emissi...

HOUSTON--(BUSINESS WIRE)---- $CRGY--Crescent Energy Company (NYSE: CRGY) today announced its membership in the Oil & Gas Methane Partnership (OGMP) 2.0 Initiative to enhance the company's reporting of m...

9 months ago - Business Wire

Crescent Energy Announces Pricing of Upsized $200 Million Private Placement of Additional 7.250% Senior Notes Due 2026

HOUSTON--(BUSINESS WIRE)---- $CRGY--Crescent Energy Company (NYSE: CRGY) (“we” or “our”) announced today that its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) has priced its previously...

9 months ago - Business Wire

Crescent Energy Announces Offering of $150 Million Private Placement of Additional 7.250% Senior Notes Due 2026

HOUSTON--(BUSINESS WIRE)---- $CRGY--Crescent Energy Company (NYSE: CRGY) (“we” or “our”) announced today that, subject to market conditions, its indirect subsidiary Crescent Energy Finance LLC (the “Iss...

9 months ago - Business Wire

Crescent Energy Provides Initial 2022 Guidance

HOUSTON--(BUSINESS WIRE)---- $CRGY--Crescent Energy Company (NYSE: CRGY) today provided initial 2022 guidance and an updated corporate presentation in conjunction with scheduled analyst and investor mee...

10 months ago - Business Wire

Crescent Energy Publishes Inaugural Environmental, Social and Governance (“ESG”) Report and Highlights Commitment to ...

HOUSTON--(BUSINESS WIRE)---- $CRGY--Crescent Energy Company (“Crescent” or the “Company”) (NYSE: CRGY) today announced the publication of its inaugural Environmental, Social and Governance (“ESG”) Repor...

11 months ago - Business Wire

Crescent Energy Reports Pro Forma Financial and Operational Results for the Nine Month Period Ended September 30, 202...

HOUSTON--(BUSINESS WIRE)---- $CRGY--Crescent Energy Company (“Crescent” or the “Company”) (NYSE: CRGY) today announced pro forma financial and operational results for the nine-month period ended Septemb...

11 months ago - Business Wire

Independence Energy and Contango Oil and Gas Company Complete Merger, Forming Crescent Energy Company

HOUSTON--(BUSINESS WIRE)---- $CRGY--Crescent Energy Company ("Crescent" or the "Company") (NYSE: CRGY) today announced the successful completion of the combination of Independence Energy LLC ("Independe...

11 months ago - Business Wire