Top-Rated Dividend StocksTop-Rated DividendNYSE:CRGY Crescent Energy (CRGY) Stock Price, News & Analysis → At first glance, this chart looks like nonsense… (From The TradingPub) (Ad) Free CRGY Stock Alerts $10.89 -0.13 (-1.18%) (As of 12:03 PM ET) Add Compare Share Share Today's Range$10.83▼$11.0050-Day Range$10.49▼$12.0052-Week Range$9.17▼$14.22Volume222,981 shsAverage Volume1.33 million shsMarket Capitalization$1.96 billionP/E Ratio8.44Dividend Yield4.41%Price Target$16.38 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Crescent Energy alerts: Email Address Crescent Energy MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside48.7% Upside$16.38 Price TargetShort InterestBearish11.45% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.03Based on 6 Articles This WeekInsider TradingSelling Shares$136.21 M Sold Last QuarterProj. Earnings Growth61.22%From $0.98 to $1.58 Per ShareSee Full Details Hide Full Details 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.4.89 out of 5 starsOils/Energy Sector7th out of 236 stocksCrude Petroleum & Natural Gas Industry1st out of 76 stocks 4.5 Analyst's Opinion Consensus RatingCrescent Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageCrescent Energy has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted11.45% of the float of Crescent Energy has been sold short.Short Interest Ratio / Days to CoverCrescent Energy has a short interest ratio ("days to cover") of 6.9.Change versus previous monthShort interest in Crescent Energy has recently decreased by 3.73%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipCrescent Energy is a leading dividend payer. It pays a dividend yield of 4.38%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCrescent Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Crescent Energy is 37.21%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Crescent Energy will have a dividend payout ratio of 30.38% next year. This indicates that Crescent Energy will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CRGY. Previous Next 3.3 News and Social Media Coverage News SentimentCrescent Energy has a news sentiment score of 1.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Crescent Energy this week, compared to 3 articles on an average week.Search InterestOnly 14 people have searched for CRGY on MarketBeat in the last 30 days. This is a decrease of -26% compared to the previous 30 days.MarketBeat Follows9 people have added Crescent Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Crescent Energy insiders have sold 2,518,967.87% more of their company's stock than they have bought. Specifically, they have bought $5,407.00 in company stock and sold $136,206,000.00 in company stock.Percentage Held by Insiders13.20% of the stock of Crescent Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions52.11% of the stock of Crescent Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Crescent Energy are expected to grow by 61.22% in the coming year, from $0.98 to $1.58 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Crescent Energy is 8.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Crescent Energy is 8.54, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.25.Price to Book Value per Share RatioCrescent Energy has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIHere’s how to start a “Weekend Side Hustle” from your sofaHere’s how you can start your very own “Weekend Side Hustle” right from the comfort of your sofa! It doesn't matter if you have a multi-million dollar retirement account… Or if you’re just starting out with a few thousand.Weekend after weekend! 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 regions, including Eagle Ford and Uinta basins. The company is based in Houston, Texas.Read More CRGY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CRGY Stock News HeadlinesApril 23, 2024 | americanbankingnews.comCrescent Energy (NYSE:CRGY) Price Target Raised to $20.00April 19, 2024 | markets.businessinsider.comCautious Optimism: Upholding Hold Rating on Crescent Energy Amid Strategic Efforts and Financial ProjectionsApril 23, 2024 | Whats On Finance (Ad)Putin and other countries have a planDid you catch that bombshell Tucker Carlson interview with Vladimir Putin? It’s not about if you like Tucker or think Putin is the devil or whatever. It's all about the fact that the US dollar might be taking a back seat... and soon. April 18, 2024 | americanbankingnews.comCrescent Energy (NYSE:CRGY) Receives Average Rating of "Buy" from AnalystsApril 17, 2024 | americanbankingnews.comCrescent Energy (NYSE:CRGY) vs. U.S. Energy (NASDAQ:USEG) Head-To-Head ReviewApril 6, 2024 | finance.yahoo.comIs Crescent Energy Company (NYSE:CRGY) Trading At A 36% Discount?March 28, 2024 | msn.comEnCap Investments seeks sale of Utah oil producer XCL Resources, sources sayMarch 26, 2024 | businesswire.comCrescent Energy Announces Expiration and Results of Its Tender Offer for Its 7.250% Senior Notes Due 2026April 23, 2024 | Whats On Finance (Ad)Putin and other countries have a planDid you catch that bombshell Tucker Carlson interview with Vladimir Putin? It’s not about if you like Tucker or think Putin is the devil or whatever. It's all about the fact that the US dollar might be taking a back seat... and soon. March 22, 2024 | markets.businessinsider.comAnalyst Scoreboard: 4 Ratings For Crescent EnergyMarch 20, 2024 | investorplace.comShhh! 7 Small-Cap Stocks That Can Double by 2025March 19, 2024 | msn.comCrescent Energy announces pricing of $700M private placement of 7.625% senior notesMarch 19, 2024 | finance.yahoo.comCrescent Energy Announces Pricing of $700 Million Private Placement of 7.625% Senior Notes Due 2032March 19, 2024 | businesswire.comCrescent Energy Announces Tender Offer for Its 7.250% Senior Notes due 2026March 19, 2024 | businesswire.comCrescent Energy Announces Offering of $700 Million Private Placement of Senior Notes Due 2032March 16, 2024 | finance.yahoo.comCRGY Apr 2024 7.500 putMarch 11, 2024 | benzinga.comWednesday Is Your Last Chance To Buy Crescent Energy Before The Dividend PayoutMarch 7, 2024 | seekingalpha.comCrescent Energy Company (CRGY) Q4 2023 Earnings Call TranscriptMarch 7, 2024 | msn.comCrescent Energy Company (NYSE:CRGY) Q4 2023 Earnings Call TranscriptMarch 7, 2024 | markets.businessinsider.comCrescent Energy: Hold Rating Maintained Amid Capital Efficiency and Shareholder Returns Versus Leverage ConcernsMarch 7, 2024 | msn.comCrescent Energy announces pricing of secondary public offeringMarch 6, 2024 | msn.comCrescent Energy says selling stockholders offering 12M Class A sharesMarch 6, 2024 | businesswire.comCrescent Energy Company Announces Pricing of Secondary Public Offering of Common Stock and Agreement to Repurchase OpCo UnitsMarch 6, 2024 | businesswire.comCrescent Energy Company Announces Secondary Public Offering of Common Stock and Intention to Repurchase OpCo UnitsMarch 6, 2024 | seekingalpha.comCrescent Energy: The Beginning Of A Lot Of Potential GainsMarch 6, 2024 | gurufocus.comQ4 2023 Crescent Energy Co Earnings Call TranscriptMarch 5, 2024 | markets.businessinsider.comBuy Rating Affirmed for Crescent Energy on Solid Q4 Performance and Positive FY24 OutlookSee More Headlines Receive CRGY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Crescent Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/04/2024Ex-Dividend for 3/28 Dividend3/14/2024Dividend Payable3/28/2024Today4/23/2024Next Earnings (Estimated)5/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSE:CRGY CUSIPN/A CIK1866175 Webwww.contango.com Phone713-337-4600Fax713-236-4424EmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$16.38 High Stock Price Target$20.00 Low Stock Price Target$13.00 Potential Upside/Downside+48.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$1.29 Trailing P/E Ratio8.54 Forward P/E Ratio11.24 P/E GrowthN/ANet Income$67.61 million Net Margins2.84% Pretax Margin14.49% Return on Equity13.30% Return on Assets2.94% Debt Debt-to-Equity Ratio0.98 Current Ratio0.82 Quick Ratio0.82 Sales & Book Value Annual Sales$2.38 billion Price / Sales0.83 Cash Flow$4.94 per share Price / Cash Flow2.23 Book Value$9.65 per share Price / Book1.14Miscellaneous Outstanding Shares179,657,000Free Float155,942,000Market Cap$1.98 billion OptionableOptionable Beta2.24 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. David C. Rockecharlie (Age 52)CEO & Director Mr. John Clayton Rynd (Age 33)Executive Vice President of Investments Mr. Bo Shi (Age 35)General Counsel & Corporate Secretary Comp: $878.92kMs. Brandi Kendall (Age 38)CFO, Investor Relations & Director Mr. Todd N. Falk (Age 43)Chief Accounting Officer Key CompetitorsVital EnergyNYSE:VTLETalos EnergyNYSE:TALOPar PacificNYSE:PARRVermilion EnergyNYSE:VETAtlas Energy SolutionsNYSE:AESIView All CompetitorsInsiders & InstitutionsCFM Wealth Partners LLCSold 3,973 shares on 4/15/2024Ownership: 0.027%Sunbelt Securities Inc.Sold 124,818 shares on 4/15/2024Ownership: 0.016%GAMMA Investing LLCBought 2,934 shares on 4/5/2024Ownership: 0.003%Northside Capital Management LLCBought 374,204 shares on 4/4/2024Ownership: 0.208%Quadrature Capital LtdSold 20,923 shares on 3/25/2024Ownership: 0.016%View All Insider TransactionsView All Institutional Transactions CRGY Stock Analysis - Frequently Asked Questions Should I buy or sell Crescent Energy stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Crescent Energy in the last year. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research 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? 7 brokers have issued 12-month price targets for Crescent Energy's shares. Their CRGY share price targets range from $13.00 to $20.00. On average, they predict the company's stock price to reach $16.38 in the next year. This suggests a possible upside of 48.7% 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 on January 1st, 2024. Since then, CRGY shares have decreased by 16.6% and is now trading at $11.0150. View the best growth stocks for 2024 here. Are investors shorting Crescent Energy? Crescent Energy saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 9,640,000 shares, an increase of 6.2% from the February 29th total of 9,080,000 shares. Based on an average daily volume of 1,140,000 shares, the short-interest ratio is presently 8.5 days. Approximately 11.9% of the shares of the stock 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 Wednesday, May 8th 2024. View our CRGY earnings forecast. How were Crescent Energy's earnings last quarter? Crescent Energy (NYSE:CRGY) released its quarterly earnings results on Monday, March, 4th. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.21 by $0.37. The firm earned $657.73 million during the quarter, compared to analyst estimates of $584.12 million. Crescent Energy had a trailing twelve-month return on equity of 13.30% and a net margin of 2.84%. How often does Crescent Energy pay dividends? What is the dividend yield for Crescent Energy? Crescent Energy announced a quarterly dividend on Monday, March 4th. Shareholders of record on Friday, March 15th will be given a dividend of $0.12 per share on Thursday, March 28th. This represents a $0.48 dividend on an annualized basis and a yield of 4.36%. The ex-dividend date is Thursday, March 14th. 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 4.38%. CRGY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 37.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CRGY will have a dividend payout ratio of 30.38% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CRGY. What ETFs hold Crescent Energy's stock? ETFs with the largest weight of Crescent Energy (NYSE:CRGY) stock in their portfolio include Invesco Energy Exploration & Production ETF (PXE), First Trust Dow Jones Select Microcap Index Fund (FDM), EA Bridgeway Omni Small-Cap Value ETF (BSVO), First Trust Natural Gas ETF (FCG), SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).iShares U.S. Oil & Gas Exploration & Production ETF (IEO). Who are Crescent Energy's major shareholders? Crescent Energy's stock is owned by a variety of retail and institutional investors. Top institutional investors include Northside Capital Management LLC (0.21%), CFM Wealth Partners LLC (0.03%), Sunbelt Securities Inc. (0.02%) and GAMMA Investing LLC (0.00%). Insiders that own company stock include Benjamin Conner, Brandi Kendall, David C Rockecharlie, Energy Aggregator Independence, 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 4/23/2024 by MarketBeat.com Staff From Our PartnersHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportThis Apple-like Innovator is Revolutionizing HealthcareWall Street Startop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingDid You Get Your Free Bitcoin Yet?Crypto Swap Profits[Shocking] Elon Musk’s Plan To End BanksCrypto 101 MediaForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressExposed: 10 CENT Crypto to Explode April 20th?True Market Insiders Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Crescent Energy Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
