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Crescent Energy Company Class A (CRGY)
NYSE:CRGY
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CRGY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.88 - $15.54
Previous Close$13.68
Volume20.44M
Average Volume (3M)3.89M
Market Cap
$3.32B
Enterprise Value$7.75B
Total Cash (Recent Filing)$136.15M
Total Debt (Recent Filing)$3.23B
Price to Earnings (P/E)21.4
Beta1.04
Next Earnings
Mar 11, 2025EPS Estimate
$0.47Last Dividend Ex-Date
Nov 18, 2024Dividend Yield3.65%
Share Statistics
EPS (TTM)0.61
Shares Outstanding228,293,849
10 Day Avg. Volume3,191,353
30 Day Avg. Volume3,888,995
Standard Deviation0.13
R-Squared0.22
Alpha0.00716
Financial Highlights & Ratios
Price to Book (P/B)1.09
Price to Sales (P/S)1.10
Price to Cash Flow (P/CF)2.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.86
Enterprise Value/Gross Profit4.11
Enterprise Value/Ebitda5.16
Forecast
1Y Price Target
$17.63Price Target Upside28.87% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Crescent Energy Company Class A News
Bulls Say, Bears Say
Bulls Say
Financial StrategyThe mix of equity/debt financing enables the deal to be leverage-neutral, keeping net debt/EBITDX within CRGY's 1.5x max target.
Operational EfficiencyOperational efficiencies and synergies have accounted for a 10% improvement in Eagle Ford well costs; drilling and completion efficiencies have reduced well costs by about 10%.
Strategic AcquisitionThe central Eagle Ford acquisition enhances Crescent Energy Company's competitive advantage and increases its inventory depth, which is expected to boost investor appeal.
Bears Say
Earnings ForecastLower oil volumes and weaker pricing are expected to result in a forecasted EBITDX/CFPS miss, suggesting possible financial underperformance.
Financial PerformanceCRGY's leverage remains relatively high compared to peers, which could be a potential headwind in a volatile oil price environment.
Production And EarningsQ3 oil and total production volumes missed forecasts, indicating potential challenges in meeting earnings expectations.
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Ownership Overview
6.24% Insiders
19.00% Mutual Funds
18.12% Other Institutional Investors
27.66% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CRGY FAQ
What was Crescent Energy Company Class A’s price range in the past 12 months?
Crescent Energy Company Class A lowest stock price was $9.88 and its highest was $15.54 in the past 12 months.
What is Crescent Energy Company Class A’s market cap?
Currently, no data Available
When is Crescent Energy Company Class A’s upcoming earnings report date?
Crescent Energy Company Class A’s upcoming earnings report date is Mar 11, 2025 which is in 80 days.
How were Crescent Energy Company Class A’s earnings last quarter?
Crescent Energy Company Class A released its earnings results on Nov 04, 2024. The company reported $0.527 earnings per share for the quarter, missing the consensus estimate of $0.557 by -$0.03.
Is Crescent Energy Company Class A overvalued?
According to Wall Street analysts Crescent Energy Company Class A’s price is currently Undervalued.
Does Crescent Energy Company Class A pay dividends?
Crescent Energy Company Class A pays a Quarterly dividend of $0.119 which represents an annual dividend yield of 3.65%. See more information on Crescent Energy Company Class A dividends here
What is Crescent Energy Company Class A’s EPS estimate?
Crescent Energy Company Class A’s EPS estimate is $0.47.
How many shares outstanding does Crescent Energy Company Class A have?
Crescent Energy Company Class A has 187,070,720 shares outstanding.
What happened to Crescent Energy Company Class A’s price movement after its last earnings report?
Crescent Energy Company Class A reported an EPS of $0.527 in its last earnings report, missing expectations of $0.557. Following the earnings report the stock price went up 3.382%.
Which hedge fund is a major shareholder of Crescent Energy Company Class A?
Among the largest hedge funds holding Crescent Energy Company Class A’s share is Woodline Partners LP. It holds Crescent Energy Company Class A’s shares valued at 43M.
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Crescent Energy Company Class A Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$17.63 (28.87% Upside)
$17.63 (28.87% Upside)
Blogger Sentiment
Bullish
CRGY Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 3.8M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▼ 7.4%
Last 30 Days ▼ 7.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
15.24%
12-Months-Change
Fundamentals
Return on Equity
2.64%
Trailing 12-Months
Asset Growth
32.41%
Trailing 12-Months
Company Description
Crescent Energy Company Class A
Crescent Energy Co is a diversified, well capitalized, U.S. independent energy company with a portfolio of assets in key proven basins across the lower 48 states.
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CRGY Company Deck
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CRGY Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Crescent Energy demonstrated strong financial and operational performance with record production, successful integration of acquisitions, and cost efficiencies. Despite some challenges such as commodity price volatility and a slower gas market, the company has maintained its focus on flexibility and growth. The outlook remains positive as Crescent continues to execute its strategy effectively.Read More>---
CRGY Stock 12 Month Forecast
Average Price Target
$17.63
▲(28.87% Upside)
Technical Analysis
Best Analysts Covering CRGY
1 Year
1 Year Success Rate
9/10 ratings generated profit
1 Year Average Return
+16.82%
reiterated a buy rating 17 days ago
Copying Hanwen Chang's trades and holding each position for 1 Year would result in 90.00% of your transactions generating a profit, with an average return of +16.82% per trade.
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