Crescent Energy (CRGY) Expected to Announce Earnings on Monday

Key Points

• Crescent Energy (CRGY) is set to report Q1 2026 results after the close on Monday, May 4, with analysts forecasting $0.3968 EPS and $1.1657 billion in revenue; the earnings call is scheduled for May 5 at 11:00 AM ET.
• In the prior quarter Crescent beat EPS estimates ($0.49 vs. $0.30) but missed revenue, and it recently paid a quarterly dividend of $0.12 (about a 3.8% yield) while carrying a high payout ratio of 92.31%.
• The stock carries a consensus "Moderate Buy" rating with a $15.20 price target, a $4.18 billion market cap and recent notable institutional buying, including a large stake increase by Goldman Sachs.

Crescent Energy (NYSE:CRGY - Get Free Report) is anticipated to release its Q1 2026 results after the market closes on Monday, May 4th. Analysts expect Crescent Energy to post earnings of $0.3968 per share and revenue of $1.1657 billion for the quarter. Interested persons may review the information on the company's upcoming Q1 2026 earning report for the latest details on the call scheduled for Tuesday, May 5, 2026 at 11:00 AM ET.

Crescent Energy (NYSE:CRGY - Get Free Report) last released its earnings results on Wednesday, February 25th. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.19. The company had revenue of $865.05 million during the quarter, compared to the consensus estimate of $884.64 million. Crescent Energy had a net margin of 3.71% and a return on equity of 8.36%. On average, analysts expect Crescent Energy to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Crescent Energy Price Performance

CRGY opened at $12.74 on Monday. The company has a 50-day moving average of $12.13 and a 200-day moving average of $10.00. The company has a market capitalization of $4.18 billion, a P/E ratio of 24.49 and a beta of 1.55. Crescent Energy has a 1-year low of $7.68 and a 1-year high of $14.02. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.48 and a current ratio of 1.48.

Crescent Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 11th were given a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $0.48 annualized dividend and a dividend yield of 3.8%. Crescent Energy's payout ratio is presently 92.31%.

Analyst Ratings Changes

Several research firms have recently weighed in on CRGY. Johnson Rice reissued an "accumulate" rating and issued a $19.00 target price on shares of Crescent Energy in a research report on Wednesday, March 25th. BMO Capital Markets started coverage on shares of Crescent Energy in a research report on Friday, January 9th. They issued a "market perform" rating and a $10.00 target price for the company. Zacks Research upgraded shares of Crescent Energy from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 3rd. William Blair reissued an "outperform" rating on shares of Crescent Energy in a report on Friday, March 6th. Finally, KeyCorp raised their target price on shares of Crescent Energy from $15.00 to $19.00 and gave the stock an "overweight" rating in a report on Thursday, April 2nd. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $15.20.

Hedge Funds Weigh In On Crescent Energy

A number of large investors have recently bought and sold shares of CRGY. Royal Bank of Canada lifted its holdings in Crescent Energy by 16.1% in the first quarter. Royal Bank of Canada now owns 58,900 shares of the company's stock worth $662,000 after acquiring an additional 8,173 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Crescent Energy by 8.9% in the first quarter. AQR Capital Management LLC now owns 17,104 shares of the company's stock worth $192,000 after acquiring an additional 1,397 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Crescent Energy by 6.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 98,670 shares of the company's stock valued at $1,109,000 after purchasing an additional 6,184 shares during the period. Goldman Sachs Group Inc. boosted its stake in Crescent Energy by 42.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,969,411 shares of the company's stock valued at $44,616,000 after purchasing an additional 1,174,576 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Crescent Energy by 32.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 244,456 shares of the company's stock valued at $2,748,000 after purchasing an additional 59,199 shares during the period. Institutional investors own 52.11% of the company's stock.

About Crescent Energy

Crescent Energy Co NYSE: CRGY is an independent exploration and production company focused on the acquisition, development and production of oil and natural gas resources in North America. Headquartered in Oklahoma City, the company's core business activities include the identification and appraisal of prospective acreage, the design and execution of drilling and completion programs, and the ongoing operation and optimization of producing wells. Crescent Energy's integrated approach emphasizes capital efficiency, reservoir quality and operational reliability to support sustainable cash flow generation over the commodity cycle.

Crescent Energy's operations are concentrated in the Permian Basin, with a particular focus on the Delaware Basin's stacked pay intervals.

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