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Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
NYSE:CRGY

Crescent Energy (CRGY) Stock Price, News & Analysis

$11.12
-0.25 (-2.20%)
(As of 03/4/2024 ET)
Today's Range
$11.10
$11.50
50-Day Range
$10.49
$13.77
52-Week Range
$9.17
$14.22
Volume
972,472 shs
Average Volume
890,277 shs
Market Capitalization
$2.00 billion
P/E Ratio
12.93
Dividend Yield
4.32%
Price Target
$16.43

Crescent Energy MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
47.7% Upside
$16.43 Price Target
Short Interest
Bearish
11.50% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.40mentions of Crescent Energy in the last 14 days
Based on 10 Articles This Week
Insider Trading
Acquiring Shares
$226,400 Bought Last Quarter
Proj. Earnings Growth
167.44%
From $0.43 to $1.15 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.42 out of 5 stars

Energy Sector

1st out of 4 stocks

Oil & Gas E&P Industry

1st out of 2 stocks


CRGY stock logo

About Crescent Energy Stock (NYSE: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.

CRGY Stock Price History

CRGY Stock News Headlines

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Crescent Energy Earnings Preview
Crescent Energy (CRGY) Set to Announce Earnings on Monday
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
11 Stocks Michael Burry Was Buying and Selling in Q4
Mizuho Downgrades Crescent Energy (CRGY)
Crescent Energy just downgraded at Mizuho, here's why
Crescent Energy Co Class A CRGY
Crescent Energy initiated with bullish view at Raymond James
See More Headlines
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Company Calendar

Today
3/04/2024
Next Earnings (Confirmed)
3/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas E&P
Sub-Industry
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.43
High Stock Price Target
$21.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+47.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$96.67 million
Pretax Margin
9.88%

Debt

Sales & Book Value

Annual Sales
$2.41 billion
Cash Flow
$4.26 per share
Book Value
$5.09 per share

Miscellaneous

Free Float
155,942,000
Market Cap
$2.00 billion
Optionable
Optionable
Beta
2.24
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CRGY Stock Analysis - Frequently Asked Questions

Should I buy or sell Crescent Energy stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crescent Energy in the last year. There are currently 1 hold rating, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CRGY shares.
View CRGY analyst ratings
or view top-rated stocks.

What is Crescent Energy's stock price target for 2024?

6 brokers have issued 12-month price objectives for Crescent Energy's stock. Their CRGY share price targets range from $13.00 to $21.00. On average, they expect the company's stock price to reach $16.43 in the next year. This suggests a possible upside of 47.7% from the stock's current price.
View analysts price targets for CRGY
or view top-rated stocks among Wall Street analysts.

How have CRGY shares performed in 2024?

Crescent Energy's stock was trading at $13.21 at the start of the year. Since then, CRGY shares have decreased by 15.8% and is now trading at $11.12.
View the best growth stocks for 2024 here
.

Are investors shorting Crescent Energy?

Crescent Energy saw a decline in short interest during the month of January. As of January 31st, there was short interest totaling 8,820,000 shares, a decline of 6.2% from the January 15th total of 9,400,000 shares. Based on an average daily volume of 1,110,000 shares, the short-interest ratio is currently 7.9 days. Approximately 11.2% of the shares of the company are sold short.
View Crescent Energy's Short Interest
.

When is Crescent Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, March 4th 2024.
View our CRGY earnings forecast
.

How can I listen to Crescent Energy's earnings call?

Crescent Energy will be holding an earnings conference call on Tuesday, March 5th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How often does Crescent Energy pay dividends? What is the dividend yield for Crescent Energy?

Crescent Energy declared a quarterly dividend on Monday, November 6th. Stockholders of record on Monday, November 20th will be paid a dividend of $0.12 per share on Monday, December 4th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.32%. The ex-dividend date of this dividend is Friday, November 17th.
Read our dividend analysis for CRGY
.

Is Crescent Energy a good dividend stock?

Crescent Energy (NYSE:CRGY) pays an annual dividend of $0.48 per share and currently has a dividend yield of 4.29%. CRGY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 55.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CRGY will have a dividend payout ratio of 41.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CRGY.

What ETF holds Crescent Energy's stock ?

First Trust Natural Gas ETF holds 149,424 shares of CRGY stock, representing 0.32% of its portfolio.

Who are Crescent Energy's major shareholders?

Crescent Energy's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (4.55%), Teacher Retirement System of Texas (4.47%), The Manufacturers Life Insurance Company (2.04%), Hotchkis & Wiley Capital Management LLC (0.93%), Pingora Partners LLC (0.74%) and Bridgeway Capital Management LLC (0.54%). Insiders that own company stock include Benjamin Conner, Brandi Kendall, David C Rockecharlie, John Clayton Rynd, Karen Jo Simon, Kkr Group Partnership LP, Retirement System Of T Teacher and Todd Falk.
View institutional ownership trends
.

How do I buy shares of Crescent Energy?

Shares of CRGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CRGY) was last updated on 3/5/2024 by MarketBeat.com Staff