Top-Rated Dividend StocksTop-Rated DividendNYSE:CRGY Crescent Energy (CRGY) Stock Price, News & Analysis → Thousands of investors use this no cost solution | Do you? (From Insider Financial) (Ad) Free CRGY Stock Alerts $10.74 -0.03 (-0.28%) (As of 04/25/2024 ET) Add Compare Share Share Today's Range$10.63▼$10.8450-Day Range$10.64▼$12.0052-Week Range$9.17▼$14.22Volume1.12 million shsAverage Volume1.35 million shsMarket Capitalization$1.93 billionP/E Ratio8.33Dividend Yield4.47%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/Downside52.5% Upside$16.38 Price TargetShort InterestBearish11.02% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.89Based on 5 Articles This WeekInsider TradingSelling Shares$136.21 M Sold Last QuarterProj. Earnings Growth59.60%From $0.99 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.4.90 out of 5 starsOils/Energy Sector9th out of 234 stocksCrude Petroleum & Natural Gas Industry1st out of 73 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 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted11.02% 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 6.4.Change versus previous monthShort interest in Crescent Energy has recently decreased by 3.34%, 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 4.37%, 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 0.89. 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 5 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 -33% compared to the previous 30 days.MarketBeat Follows10 people have added Crescent Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 59.60% in the coming year, from $0.99 to $1.58 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Crescent Energy is 8.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.21.Price to Earnings Ratio vs. SectorThe P/E ratio of Crescent Energy is 8.33, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.22.Price to Book Value per Share RatioCrescent Energy has a P/B Ratio of 1.11. 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 Banyan Hill PublishingThe Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.See how you can invest alongside him 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 25, 2024 | msn.comCrescent Energy (CRGY) Stock Moves -0.19%: What You Should KnowApril 23, 2024 | businesswire.comCrescent Energy Schedules First Quarter 2024 Earnings Release and Conference CallApril 25, 2024 | Banyan Hill Publishing (Ad)The Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.April 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 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?April 25, 2024 | Banyan Hill Publishing (Ad)The Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.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 2026March 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 GainsSee 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 Payable3/28/2024Today4/25/2024Next Earnings (Confirmed)5/06/2024Fiscal 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+52.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$1.29 Trailing P/E Ratio8.33 Forward P/E Ratio10.85 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 / Sales0.81 Cash Flow$4.82 per share Price / Cash Flow2.23 Book Value$9.65 per share Price / Book1.11Miscellaneous Outstanding Shares179,660,000Free Float155,942,000Market Cap$1.93 billion OptionableOptionable Beta2.24 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. 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 CompetitorsPar PacificNYSE:PARRVermilion EnergyNYSE:VETVital EnergyNYSE:VTLEAtlas Energy SolutionsNYSE:AESIKimbell Royalty PartnersNYSE:KRPView All CompetitorsInsiders & InstitutionsSeven Grand Managers LLCBought 400,000 shares on 4/23/2024Ownership: 0.223%CFM 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%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 analysts have issued "buy," "hold," and "sell" ratings for Crescent Energy in the last twelve months. There are currently 1 hold rating, 5 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? 7 equities research analysts have issued twelve-month price objectives for Crescent Energy's stock. Their CRGY share price targets range from $13.00 to $20.00. On average, they anticipate the company's stock price to reach $16.38 in the next twelve months. This suggests a possible upside of 52.5% 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 18.7% and is now trading at $10.74. View the best growth stocks for 2024 here. Are investors shorting Crescent Energy? Crescent Energy saw a increase in short interest in 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. Currently, 11.9% of the shares of the company are short sold. 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, May 6th 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, May 7th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Crescent Energy's earnings last quarter? Crescent Energy (NYSE:CRGY) announced its 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 company had revenue of $657.73 million for the quarter, compared to analysts' expectations of $584.12 million. Crescent Energy had a net margin of 2.84% and a trailing twelve-month return on equity of 13.30%. How often does Crescent Energy pay dividends? What is the dividend yield for Crescent Energy? Crescent Energy declared a quarterly dividend on Monday, March 4th. Stockholders 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 annualized dividend and a dividend yield of 4.47%. The ex-dividend date of this dividend 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 4.37%. 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 institutional and retail investors. Top institutional shareholders include Seven Grand Managers LLC (0.22%), 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 4/25/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThese AI trades triggered this morning (545% return)Prosper Trading AcademyThe A.I. story nobody is telling you (Read ASAP)TradeSmithHe Is Giving Away BitcoinCrypto Swap ProfitsFed launches fourth dollar overhaulStansberry ResearchThe only accurate crypto trading system I know …Weiss RatingsBitcoin Rockets To Record High But Buy THIS InsteadParadigm Press 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.
