Rep. Lisa C. McClain Sells Crescent Energy Company (NYSE:CRGY) Shares

Key Points

• Rep. Lisa C. McClain sold shares of Crescent Energy Company (NYSE:CRGY) for between $1,001 and $15,000 on June 24th, as disclosed in a filing on August 13th.
• Crescent Energy recently announced a quarterly dividend of $0.12 per share, resulting in an annualized dividend yield of 5.1%.
• Despite the company's earnings beating analyst expectations, Crescent Energy's stock has seen a decline of 2.4%, with a current market cap of $2.40 billion.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Crescent Energy Company NYSE: CRGY. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Crescent Energy stock on June 24th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Crescent Energy Stock Down 2.4%

Crescent Energy stock opened at $9.42 on Friday. The company has a market cap of $2.40 billion, a P/E ratio of -52.33 and a beta of 1.86. Crescent Energy Company has a 1-year low of $6.83 and a 1-year high of $16.94. The company has a fifty day simple moving average of $9.13 and a 200 day simple moving average of $10.06. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.75.

Crescent Energy (NYSE:CRGY - Get Free Report) last posted its earnings results on Monday, August 4th. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.23 by $0.20. The company had revenue of $897.98 million during the quarter, compared to analysts' expectations of $868.34 million. Crescent Energy had a net margin of 0.67% and a return on equity of 13.35%. Research analysts anticipate that Crescent Energy Company will post 0.77 earnings per share for the current fiscal year.

Crescent Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 18th will be given a $0.12 dividend. The ex-dividend date of this dividend is Monday, August 18th. This represents a $0.48 dividend on an annualized basis and a yield of 5.1%. Crescent Energy's dividend payout ratio (DPR) is -266.67%.

Institutional Investors Weigh In On Crescent Energy

Hedge funds and other institutional investors have recently made changes to their positions in the stock. American Century Companies Inc. boosted its stake in shares of Crescent Energy by 28.4% in the 2nd quarter. American Century Companies Inc. now owns 17,928,597 shares of the company's stock valued at $154,186,000 after purchasing an additional 3,960,998 shares during the last quarter. ArrowMark Colorado Holdings LLC acquired a new position in Crescent Energy during the fourth quarter worth $36,593,000. Nuveen LLC bought a new stake in shares of Crescent Energy in the 1st quarter worth $21,782,000. Adage Capital Partners GP L.L.C. grew its stake in shares of Crescent Energy by 6,700.0% in the 4th quarter. Adage Capital Partners GP L.L.C. now owns 1,700,000 shares of the company's stock worth $24,837,000 after acquiring an additional 1,675,000 shares in the last quarter. Finally, Covalis Capital LLP bought a new stake in shares of Crescent Energy in the 4th quarter worth $23,376,000. 52.11% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Piper Sandler lifted their price objective on shares of Crescent Energy from $14.00 to $15.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. Wall Street Zen upgraded shares of Crescent Energy from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. Wells Fargo & Company dropped their target price on shares of Crescent Energy from $20.00 to $19.00 and set an "overweight" rating for the company in a research report on Monday, June 16th. Mizuho dropped their target price on shares of Crescent Energy from $13.00 to $12.00 and set a "neutral" rating for the company in a research report on Tuesday, May 13th. Finally, KeyCorp dropped their target price on shares of Crescent Energy from $18.00 to $14.00 and set an "overweight" rating for the company in a research report on Monday, April 21st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Crescent Energy presently has an average rating of "Moderate Buy" and a consensus target price of $16.10.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Crescent Energy Company Profile

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.

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