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Crescent Energy Company Class A (CRGY)
NYSE:CRGY
RESEARCH TOOLSreports
Crescent Energy Company Class A (CRGY) Stock Price & Analysis
205 Followers
CRGY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.89 - $13.91
Previous Close$11.33
Volume1.36M
Average Volume (3M)1.40M
Market Cap
$2.04B
Enterprise Value$5.67B
Total Cash (Recent Filing)$2.97M
Total Debt (Recent Filing)$1.71B
Price to Earnings (P/E)11.3
Beta0.85
Next Earnings
May 08, 2024EPS Estimate
$0.23Last Dividend Ex-Date
Mar 14, 2024Dividend Yield4.22%
Share Statistics
EPS (TTM)1.27
Shares Outstanding179,656,924
10 Day Avg. Volume2,141,131
30 Day Avg. Volume1,399,066
Standard Deviation0.13
R-Squared0.21
Alpha0.00475
Financial Highlights & Ratios
Price to Book (P/B)1.20
Price to Sales (P/S)0.44
Price to Cash Flow (P/CF)1.60
P/FCF Ratio370.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.38
Enterprise Value/Gross Profit2.38
Enterprise Value/Ebitda5.32
Forecast
1Y Price Target
$16.67Price Target Upside47.13% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Crescent Energy Company Class A News
PremiumCompany Announcements
Crescent Energy’s Strategic Senior Notes Issuance and Tender Offer
PremiumCompany Announcements
Crescent Energy Launches Senior Notes Offering and Buyback Plan
PremiumCompany Announcements
Crescent Energy Bolsters Finances and Risk ManagementBulls Say, Bears Say
Bulls Say
Financial StrategyThe company is progressing a number of shareholder-friendly initiatives, including transitioning to a fixed dividend and authorizing a $150mm buyback.
Operational EfficiencyImproved capital efficiency with a lower capex guide for the upcoming year and a reduction in first-year PDP decline rates.
Shareholder ReturnsCRGY's base dividend represents an above-average yield.
Bears Say
Debt ConcernsThe company has above-average financial leverage and limited trading liquidity.
Earnings MissAnalyst lowers Q1'24 and FY'24 estimates due to lower post-hedge price realizations and higher operating expenses.
Financial PerformanceThe updated company-wide NAV is $13/share, down from $14/share, primarily on lower PDP valuation.
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Ownership Overview
21.17% Insiders
14.92% Mutual Funds
21.48% Other Institutional Investors
42.43% 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 $8.89 and its highest was $13.91 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 May 08, 2024 which is in 19 days.
How were Crescent Energy Company Class A’s earnings last quarter?
Crescent Energy Company Class A released its earnings results on Mar 04, 2024. The company reported $0.298 earnings per share for the quarter, beating the consensus estimate of $0.189 by $0.109.
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 4.22%. 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 $0.23.
How many shares outstanding does Crescent Energy Company Class A have?
Crescent Energy Company Class A has 91,608,800 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 $0.298 in its last earnings report, beating expectations of $0.189. Following the earnings report the stock price went up 7.273%.
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 22M.
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Crescent Energy Company Class A Stock Smart Score
Neutral
1
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9
10
Analyst Consensus
Strong Buy
Average Price Target:
$16.67 (47.13% Upside)
$16.67 (47.13% Upside)
Blogger Sentiment
Bullish
CRGY Sentiment 100%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Increased
By 2.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $401.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.6%
Last 30 Days ▼ 8.7%
Last 30 Days ▼ 8.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-5.68%
12-Months-Change
Fundamentals
Return on Equity
5.30%
Trailing 12-Months
Asset Growth
13.01%
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
Q4 2024
0:00 / 0:00
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CRGY Stock 12 Months Forecast
Average Price Target
$16.67
▲(47.13% Upside)
Technical Analysis
Best Analysts Covering CRGY
1 Year
1 Year Success Rate
3/4 ratings generated profit
1 Year Average Return
+2.93%
reiterated a buy rating last month
Copying Hanwen Chang's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +2.93% per trade.
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