Crescent Energy Company (CRGY)

Market Cap	1.95B
Revenue (ttm)	2.38B
Net Income (ttm)	67.61M
Shares Out	179.66M
EPS (ttm)	1.02
PE Ratio	10.62
Forward PE	9.34
Dividend	$0.48 (4.43%)
Ex-Dividend Date	Mar 14, 2024

Volume	942,160
Open	10.68
Previous Close	10.75
Day's Range	10.63 - 10.84
52-Week Range	9.17 - 14.22
Beta	1.10
Analysts	Buy
Price Target	16.29 (+50.42%)
Earnings Date	May 6, 2024

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 regions, including Eagle Ford and Uinta basins. The company is based in Houston, Texas.

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• Founded: 1986
• Employees: 904
• Stock Exchange: NYSE
• Ticker Symbol: CRGY

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%.

Analyst Forecast

According to 7 analysts, the average rating for CRGY stock is "Buy." The 12-month stock price forecast is $16.29, which is an increase of 50.42% from the latest price.

Price Target

$16.29

(50.42% upside)

Analyst Consensus: Buy