Crescent Energy Company (CRGY)

NYSE: CRGY · IEX Real-Time Price · USD
11.40
-0.01 (-0.09%)
Nov 30, 2023, 4:00 PM EST - Market closed
-0.09%
Market Cap 2.05B
Revenue (ttm) 2.41B
Net Income (ttm) 20.87M
Shares Out 179.66M
EPS (ttm) 0.81
PE Ratio 14.07
Forward PE 7.20
Dividend $0.48 (4.21%)
Ex-Dividend Date Nov 17, 2023
Volume 664,121
Open 11.49
Previous Close 11.41
Day's Range 11.32 - 11.80
52-Week Range 9.17 - 14.44
Beta n/a
Analysts Buy
Price Target 17.33 (+52.02%)
Earnings Date Nov 6, 2023

About CRGY

Crescent Energy Company, an energy company, acquires, 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, and Mid-Con in the United States. The company is based in Houston, Texas. [Read more]

Industry Oil & Gas E&P
Sector Energy
Founded 1986
Country United States
Stock Exchange NYSE
Ticker Symbol CRGY
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for CRGY stock is "Buy." The 12-month stock price forecast is $17.33, which is an increase of 52.02% from the latest price.

Price Target
$17.33
(52.02% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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11 days ago - CNBC

Crescent Energy Reports Record Third Quarter 2023 Results

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) ("Crescent" or the "Company") today announced results for the third quarter of 2023, published its 2022 Sustainability Report and declare...

24 days ago - Business Wire

Crescent Energy Schedules Third Quarter 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, November 7, 2023 to discuss its third quarter 2023...

5 weeks ago - Business Wire

Crescent Energy Announces Pricing of Upsized $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...

3 months ago - Business Wire

Crescent Energy Announces Offering of $125 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...

3 months ago - Business Wire

Crescent Energy Company Announces Pricing of Upsized 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, upsized public offering of 11,000,000 shares of its Class A...

3 months ago - Business Wire

Crescent Energy Company Announces 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 10,000,000 shares of its Class A com...

3 months ago - Business Wire

Crescent Energy to Acquire Additional Interests in its Operated Western Eagle Ford Position

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) today announced that it has entered into a definitive purchase agreement to acquire incremental working interest in its operated Western ...

3 months ago - Business Wire

Crescent Energy Reports Second Quarter 2023 Financial and Operating Results

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) ("Crescent" or the "Company") today announced results for the second quarter of 2023 and declared a quarterly cash dividend for the perio...

4 months ago - Business Wire

TEACHER RETIREMENT SYSTEM OF TEXAS Acquires Stake in Crescent Energy Co

On July 10, 2023, the TEACHER RETIREMENT SYSTEM OF TEXAS (Trades, Portfolio), a prominent investment firm, made a significant acquisition of 7,994,838 shares in Crescent Energy Co ( CRGY , Financial)....

4 months ago - GuruFocus

Crescent Energy Schedules Second Quarter 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 Thursday, August 10, 2023 to discuss its second quarter 202...

4 months ago - Business Wire

Crescent Energy Announces Pricing of Upsized $300 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...

4 months ago - Business Wire

Crescent Energy Announces Offering of $250 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...

4 months ago - Business Wire

Crescent Energy Announces Rating Agency Upgrade

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) today announced that its credit ratings were upgraded by S&P. Crescent's credit ratings were also upgraded by Moody's earlier this year. ...

5 months ago - Business Wire

Crescent Energy Closes Accretive Western Eagle Ford Acquisition

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) today announced the closing of its previously announced acquisition of operatorship and incremental working interest in its existing West...

5 months ago - Business Wire

Crescent Energy to Increase Public Float to 46% Through Conversion of Class B Private Shares

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) today announced that an affiliate of KKR has notified the Company that it intends to convert and distribute approximately 27.9 million Cl...

6 months ago - Business Wire

Crescent Energy Reports First Quarter 2023 Financial and Operating Results

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) today announced financial and operating results for the first quarter of 2023 and declared a quarterly cash dividend for the period of $0...

7 months ago - Business Wire

Crescent Energy Announces Accretive Eagle Ford Bolt-On; Acquires Operated Interest in Existing Non-Operated Assets

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) today announced that it has entered into a definitive purchase agreement to acquire operatorship and increm...

7 months ago - Business Wire

Crescent Energy Schedules First Quarter 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 Thursday, May 11, 2023 to discuss its first quarter 2023 fi...

7 months ago - Business Wire

Crescent Energy Announces Fourth Quarter and Full Year 2022 Financial and Operating Results, Year-End Reserves and 2023 Guidance

HOUSTON--(BUSINESS WIRE)---- $CRGY--Crescent Energy Company (NYSE: CRGY), ("Crescent" or the "Company"), today announced its financial and operating results for the fourth quarter and full year 2022 a...

9 months ago - Business Wire

Crescent Energy Schedules Fourth Quarter and Full Year 2022 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 Wednesday, March 8, 2023 to discuss its fourth quarter and ...

10 months ago - Business Wire

Crescent Energy Announces Pricing of $400 Million Private Placement of 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 annou...

11 months ago - Business Wire

Crescent Energy Announces Offering of $400 Million Private Placement of 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”) ...

11 months ago - Business Wire

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...

1 year ago - Business Wire