Crescent Energy (NYSE:CRGY – Get Free Report) is expected to post its Q2 2025 quarterly earnings results after the market closes on Monday, August 4th. Analysts expect Crescent Energy to post earnings of $0.17 per share and revenue of $868.34 million for the quarter.
Crescent Energy (NYSE:CRGY – Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.09. The business had revenue of $950.17 million for the quarter, compared to analysts’ expectations of $937.55 million. Crescent Energy had a positive return on equity of 14.21% and a negative net margin of 2.88%. On average, analysts expect Crescent Energy to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Crescent Energy Price Performance
NYSE:CRGY opened at $8.94 on Friday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.10. The business’s 50-day simple moving average is $9.01 and its two-hundred day simple moving average is $10.58. The stock has a market cap of $2.28 billion, a PE ratio of -19.87 and a beta of 1.86. Crescent Energy has a 52 week low of $6.83 and a 52 week high of $16.94.
Crescent Energy Announces Dividend
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on CRGY. Mizuho cut their price objective on Crescent Energy from $13.00 to $12.00 and set a “neutral” rating for the company in a research report on Tuesday, May 13th. Piper Sandler raised their price objective on Crescent Energy from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Wells Fargo & Company cut their price objective on Crescent Energy from $20.00 to $19.00 and set an “overweight” rating for the company in a research report on Monday, June 16th. Finally, KeyCorp dropped their price target on Crescent Energy from $18.00 to $14.00 and set an “overweight” rating for the company in a research report on Monday, April 21st. One research analyst has rated the stock with a sell rating, two have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $16.10.
Check Out Our Latest Report on Crescent Energy
Hedge Funds Weigh In On Crescent Energy
Several institutional investors and hedge funds have recently bought and sold shares of the company. Goldman Sachs Group Inc. grew its holdings in shares of Crescent Energy by 42.0% during the first quarter. Goldman Sachs Group Inc. now owns 3,969,411 shares of the company’s stock valued at $44,616,000 after buying an additional 1,174,576 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Crescent Energy by 32.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 244,456 shares of the company’s stock valued at $2,748,000 after buying an additional 59,199 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Crescent Energy by 6.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 98,670 shares of the company’s stock valued at $1,109,000 after buying an additional 6,184 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Crescent Energy by 16.1% during the first quarter. Royal Bank of Canada now owns 58,900 shares of the company’s stock valued at $662,000 after buying an additional 8,173 shares during the last quarter. Finally, AQR Capital Management LLC grew its holdings in shares of Crescent Energy by 8.9% during the first quarter. AQR Capital Management LLC now owns 17,104 shares of the company’s stock valued at $192,000 after buying an additional 1,397 shares during the last quarter. 52.11% of the stock is owned by hedge funds and other institutional investors.
About Crescent Energy
Crescent Energy Company acquires, develops, and produces crude oil, natural gas, and natural gas liquids (NGLs) reserves. Its portfolio of assets comprises mid-cycle unconventional and conventional assets in the Eagle Ford and Uinta Basins. It also owns and operates various midstream assets, which provide services to customers.
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