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Crescent Energy Company Class A (CRGY)
NYSE:CRGY
RESEARCH TOOLSreports
Crescent Energy Company Class A (CRGY) Stock Price & Analysis
241 Followers
CRGY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.11 - $14.22
Previous Close$12.1
Volume2.38M
Average Volume (3M)2.61M
Market Cap
$2.03B
Enterprise Value$5.47B
Total Cash (Recent Filing)$5.32M
Total Debt (Recent Filing)$1.76B
Price to Earnings (P/E)―
Beta0.80
Next Earnings
Aug 05, 2024EPS Estimate
$0.28Last Dividend Ex-Date
May 20, 2024Dividend Yield3.97%
Share Statistics
EPS (TTM)-0.22
Shares Outstanding177,464,725
10 Day Avg. Volume2,594,044
30 Day Avg. Volume2,608,207
Standard Deviation0.14
R-Squared0.24
Alpha0.00675
Financial Highlights & Ratios
Price to Book (P/B)1.20
Price to Sales (P/S)0.54
Price to Cash Flow (P/CF)1.60
P/FCF Ratio372.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.33
Enterprise Value/Gross Profit2.30
Enterprise Value/Ebitda5.03
Forecast
1Y Price Target
$16.86Price Target Upside47.06% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Crescent Energy Company Class A News
Bulls Say, Bears Say
Bulls Say
AcquisitionAcquisition of SBOW should add ~95 mboe/d of production, with a relatively higher gas mix.
Financial PerformanceCRGY generated Levered Free Cash Flow (LFCF) of ~$66mn beating JEFe at ~$52mn.
Operational PerformanceCRGY continues to see better performance on the Western Eagle Ford assets acquired last year, now showing a ~100% increase in well productivity after ~135 days while reducing DC&F well costs by 10-15%.
Bears Say
Asset PerformanceData from our proprietary ARCHIE database shows SBOW's well productivity in the Eagle Ford is below peers' (stronger wet gas productivity, but lower oil).
Financial PerformanceLower EBITDX forecast is partly driven by weaker oil and natural gas price realizations.
ProductionModest sequential decline in boe production is expected (-2% QoQ to ~163 mboe/d).
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Ownership Overview
17.39% Insiders
15.63% Mutual Funds
21.64% Other Institutional Investors
45.34% 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 $10.11 and its highest was $14.22 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 Aug 05, 2024 which is in 7 days.
How were Crescent Energy Company Class A’s earnings last quarter?
Crescent Energy Company Class A released its earnings results on May 06, 2024. The company reported $0.5 earnings per share for the quarter, beating the consensus estimate of $0.2 by $0.3.
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 $0.12 which represents an annual dividend yield of 3.97%. 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 $0.28.
How many shares outstanding does Crescent Energy Company Class A have?
Crescent Energy Company Class A has 111,516,600 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 $0.5 in its last earnings report, beating expectations of $0.2. Following the earnings report the stock price went up 10.122%.
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 Hotchkis & Wiley Capital Management LLC. It holds Crescent Energy Company Class A’s shares valued at 20M.
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Crescent Energy Company Class A Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$16.86 (47.06% Upside)
$16.86 (47.06% Upside)
Blogger Sentiment
Bullish
CRGY Sentiment 100%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Increased
By 2.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.4%
Last 30 Days ▲ 5.4%
Last 30 Days ▲ 5.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.35%
12-Months-Change
Fundamentals
Return on Equity
-1.14%
Trailing 12-Months
Asset Growth
11.23%
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
Q1 2024
0:00 / 0:00
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CRGY Stock 12 Month Forecast
Average Price Target
$16.86
▲(47.06% Upside)
Technical Analysis
Best Analysts Covering CRGY
1 Year
1 Year Success Rate
6/6 ratings generated profit
1 Year Average Return
+7.58%
reiterated a buy rating 3 months ago
Copying Hanwen Chang's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +7.58% per trade.
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