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Energy - Oil & Gas Exploration & Production - NYSE - US
$ 13.76
-1.64 %
$ 3.14 B
Market Cap
62.55
P/E
1. INTRINSIC VALUE

Crescent Energy Company, an energy company, explores for, 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 basins, including the Eagle Ford, Rockies, Barnett, Permian, Mid-Con, and other basins in the United States. As of December 31, 2021, it had 1,528 gross undrilled locations, including 567 gross operated drilling locations; and 531.6 net million barrels of oil equivalent of proved reserves. The company was founded in 2020 and is based in Houston, Texas.[ Read More ]

The intrinsic value of one CRGY stock under the base case scenario is HIDDEN Compared to the current market price of 13.8 USD, Crescent Energy Company is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CRGY

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FINANCIALS
2.38 B REVENUE
-22.06%
325 M OPERATING INCOME
-74.71%
322 M NET INCOME
-33.00%
936 M OPERATING CASH FLOW
-7.57%
-1.4 B INVESTING CASH FLOW
-24.41%
456 M FINANCING CASH FLOW
5921.40%
745 M REVENUE
14.02%
-7.42 M OPERATING INCOME
-7.43%
27.1 M NET INCOME
-27.88%
368 M OPERATING CASH FLOW
28.24%
-544 M INVESTING CASH FLOW
-321.01%
-429 M FINANCING CASH FLOW
-69.44%
Balance Sheet Decomposition Crescent Energy Company
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Current Assets 616 M
Cash & Short-Term Investments 2.97 M
Receivables 507 M
Other Current Assets 106 M
Non-Current Assets 6.19 B
Long-Term Investments 6.08 M
PP&E 6.12 B
Other Non-Current Assets 65.8 M
Current Liabilities 750 M
Accounts Payable 136 M
Short-Term Debt 63.1 M
Other Current Liabilities 552 M
Non-Current Liabilities 2.42 B
Long-Term Debt 1.7 B
Other Non-Current Liabilities 716 M
EFFICIENCY
Earnings Waterfall Crescent Energy Company
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Revenue 2.38 B
Cost Of Revenue 495 M
Gross Profit 1.89 B
Operating Expenses 980 M
Operating Income 325 M
Other Expenses 2.75 M
Net Income 322 M
RATIOS
79.21% GROSS MARGIN
79.21%
13.63% OPERATING MARGIN
13.63%
2.84% NET MARGIN
2.84%
3.97% ROE
3.97%
0.99% ROA
0.99%
8.91% ROIC
8.91%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Crescent Energy Company
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Net Income 322 M
Depreciation & Amortization 601 M
Capital Expenditures -1.43 B
Stock-Based Compensation 82.9 M
Change in Working Capital 72.4 M
Others -157 M
Free Cash Flow -495 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Crescent Energy Company
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Wall Street analysts predict an average 1-year price target for CRGY of $16.3 , with forecasts ranging from a low of $13 to a high of $20 .
CRGY Lowest Price Target Wall Street Target
13 USD -5.52%
CRGY Average Price Target Wall Street Target
16.3 USD 18.36%
CRGY Highest Price Target Wall Street Target
20 USD 45.35%
4. DIVIDEND ANALYSIS
1.22% DIVIDEND YIELD
0.12 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Crescent Energy Company
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
401 M USD 2
9-12 MONTHS
65.4 M USD 2
Bought
258 K USD 5
0-3 MONTHS
203 K USD 2
3-6 MONTHS
5.41 K USD 1
6-9 MONTHS
407 K USD 2
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Sep 05, 2024
Bought 10.6 K USD
Shi Bo
See Remarks
+ 950
11.13 USD
2 months ago
Sep 05, 2024
Bought 11.2 K USD
Falk Todd
See remarks
+ 1000
11.24 USD
2 months ago
Sep 05, 2024
Bought 111 K USD
Rockecharlie David C.
See remarks
+ 10000
11.07 USD
2 months ago
Sep 05, 2024
Bought 14.8 K USD
Kendall Brandi
See remarks
+ 1285
11.51 USD
2 months ago
Aug 23, 2024
Bought 99.9 K USD
DUGINSKI MICHAEL
Director
+ 9000
11.1 USD
2 months ago
Aug 22, 2024
Bought 11 K USD
DUGINSKI MICHAEL
Director
+ 1000
11 USD
3 months ago
Aug 09, 2024
Bought 10.5 K USD
Falk Todd
See remarks
+ 1000
10.49 USD
3 months ago
Aug 09, 2024
Bought 93.6 K USD
DUGINSKI MICHAEL
Director
+ 8919
10.5 USD
3 months ago
Aug 08, 2024
Bought 99.2 K USD
DUGINSKI MICHAEL
Director
+ 9344
10.62 USD
7 months ago
Apr 01, 2024
Sell 64.4 M USD
KKR Group Partnership L.P.
10 percent owner
- 6000000
10.74 USD
7 months ago
Apr 01, 2024
Sell 64.4 M USD
Independence Energy Aggregator L.P.
10 percent owner
- 6000000
10.74 USD
8 months ago
Mar 15, 2024
Bought 5.41 K USD
Kendall Brandi
See remarks
+ 488
11.08 USD
8 months ago
Mar 11, 2024
Sell 0 USD
Independence Energy Aggregator L.P.
10 percent owner
- 2300000
0 USD
8 months ago
Mar 11, 2024
Sell 136 M USD
Independence Energy Aggregator L.P.
10 percent owner
- 13800000
9.87 USD
8 months ago
Mar 11, 2024
Sell 0 USD
KKR Group Partnership L.P.
10 percent owner
- 2300000
0 USD
8 months ago
Mar 11, 2024
Sell 136 M USD
KKR Group Partnership L.P.
10 percent owner
- 13800000
9.87 USD
11 months ago
Dec 06, 2023
Bought 226 K USD
Rockecharlie David C.
See remarks
+ 20000
11.32 USD
11 months ago
Nov 30, 2023
Bought 57.3 K USD
Rockecharlie David C.
See remarks
+ 5000
11.46 USD
11 months ago
Nov 29, 2023
Bought 56.8 K USD
Rockecharlie David C.
See remarks
+ 5000
11.35 USD
11 months ago
Dec 01, 2023
Bought 3 K USD
Kendall Brandi
See remarks
+ 258
11.64 USD
11 months ago
Nov 30, 2023
Bought 10 K USD
Kendall Brandi
See remarks
+ 882
11.34 USD
1 year ago
Nov 15, 2023
Sell 32.7 M USD
KKR Group Partnership L.P.
10 percent owner
- 3000000
10.9 USD
1 year ago
Nov 15, 2023
Sell 32.7 M USD
Independence Energy Aggregator L.P.
10 percent owner
- 3000000
10.9 USD
1 year ago
Nov 13, 2023
Bought 53.4 K USD
Rockecharlie David C.
See remarks
+ 5000
10.68 USD
1 year ago
Nov 09, 2023
Bought 100 K USD
Kendall Brandi
See remarks
+ 9333
10.71 USD
1 year ago
Nov 10, 2023
Bought 4.18 K USD
Falk Todd
See remarks
+ 400
10.44 USD
1 year ago
Nov 09, 2023
Bought 10.6 K USD
Falk Todd
See remarks
+ 1000
10.62 USD
1 year ago
Nov 10, 2023
Bought 51.8 K USD
Rockecharlie David C.
See remarks
+ 5000
10.36 USD
1 year ago
Nov 09, 2023
Bought 53.1 K USD
Rockecharlie David C.
See remarks
+ 5000
10.62 USD
1 year ago
Nov 09, 2023
Bought 29.9 K USD
Shi Bo
See Remarks
+ 2800
10.69 USD
1 year ago
Sep 15, 2023
Bought 31.2 K USD
Rockecharlie David C.
See remarks
+ 2500
12.5 USD
1 year ago
Sep 14, 2023
Bought 30.7 K USD
Rockecharlie David C.
See remarks
+ 2500
12.29 USD
1 year ago
Sep 15, 2023
Bought 9.28 K USD
Falk Todd
See remarks
+ 750
12.37 USD
1 year ago
Sep 12, 2023
Bought 25 K USD
Rynd John Clayton
See Remarks
+ 2000
12.49 USD
1 year ago
Sep 13, 2023
Bought 30.9 K USD
Rockecharlie David C.
See Remarks
+ 2500
12.37 USD
1 year ago
Sep 12, 2023
Bought 31.1 K USD
Rockecharlie David C.
See Remarks
+ 2500
12.45 USD
1 year ago
Sep 12, 2023
Bought 6.4 K USD
Kendall Brandi
See Remarks
+ 516
12.41 USD
1 year ago
Jul 19, 2023
Bought 526 USD
TEACHER RETIREMENT SYSTEM OF TEXAS
10 percent owner
+ 46
11.43 USD
1 year ago
Jun 14, 2023
Bought 40.6 K USD
Rockecharlie David C.
See remarks
+ 4000
10.14 USD
1 year ago
Jun 12, 2023
Bought 3.49 K USD
Falk Todd
See remarks
+ 350
9.97 USD
1 year ago
Jun 08, 2023
Bought 12 K USD
Kendall Brandi
See remarks
+ 1153
10.41 USD
1 year ago
Jun 09, 2023
Bought 20.6 K USD
Rockecharlie David C.
See remarks
+ 2000
10.28 USD
1 year ago
Jun 08, 2023
Bought 20.9 K USD
Rockecharlie David C.
See remarks
+ 2000
10.45 USD
1 year ago
Jun 07, 2023
Bought 1.53 K USD
Falk Todd
See remarks
+ 150
10.19 USD
1 year ago
Jun 07, 2023
Bought 30.4 K USD
Shi Bo
See Remarks
+ 3000
10.14 USD
1 year ago
Nov 21, 2022
Bought 6.64 K USD
Conner Benjamin
See Remarks
+ 500
13.29 USD
2 years ago
Nov 18, 2022
Bought 13.9 K USD
Rockecharlie David C.
Chief Executive Officer
+ 1000
13.93 USD
2 years ago
Nov 17, 2022
Bought 14 K USD
Rockecharlie David C.
Chief Executive Officer
+ 1000
14 USD
2 years ago
Nov 16, 2022
Bought 6.87 K USD
Rynd John Clayton
See remarks
+ 500
13.74 USD
2 years ago
Nov 15, 2022
Bought 13.9 K USD
Rynd John Clayton
See remarks
+ 1000
13.88 USD
2 years ago
Nov 16, 2022
Bought 49.6 K USD
Conner Benjamin
See Remarks
+ 3600
13.77 USD
2 years ago
Nov 14, 2022
Bought 99.8 K USD
Conner Benjamin
See Remarks
+ 7020
14.22 USD
2 years ago
Nov 14, 2022
Bought 35.2 K USD
Kendall Brandi
Chief Financial Officer
+ 2500
14.09 USD
2 years ago
Nov 16, 2022
Bought 27.7 K USD
Rockecharlie David C.
Chief Executive Officer
+ 2000
13.84 USD
2 years ago
Nov 14, 2022
Bought 24.2 K USD
Rockecharlie David C.
Chief Executive Officer
+ 1750
13.85 USD
2 years ago
Nov 15, 2022
Bought 8.44 K USD
Falk Todd
Chief Accounting Officer
+ 600
14.07 USD
2 years ago
Nov 14, 2022
Bought 9.6 K USD
Shi Bo
See Remarks
+ 700
13.72 USD
2 years ago
Sep 13, 2022
Sell 81.1 M USD
KKR Group Partnership L.P.
10 percent owner
- 5750000
14.1 USD
2 years ago
Sep 13, 2022
Sell 81.1 M USD
Independence Energy Aggregator L.P.
10 percent owner
- 5750000
14.1 USD
2 years ago
Aug 16, 2022
Bought 8.12 K USD
Kendall Brandi
Chief Financial Officer
+ 500
16.25 USD
2 years ago
Aug 15, 2022
Bought 28.1 K USD
Shi Bo
See Remarks
+ 1750
16.05 USD
2 years ago
Aug 12, 2022
Bought 79.7 K USD
Kendall Brandi
Chief Financial Officer
+ 5000
15.94 USD
2 years ago
Aug 15, 2022
Bought 32.1 K USD
Rynd John Clayton
See remarks
+ 2000
16.05 USD
2 years ago
Aug 12, 2022
Bought 28 K USD
Falk Todd
Chief Accounting Officer
+ 1750
16 USD
2 years ago
Aug 12, 2022
Bought 59.1 K USD
Conner Benjamin
See Remarks
+ 3850
15.36 USD
2 years ago
Aug 12, 2022
Bought 567 K USD
Simon Karen Jo
director:
+ 35000
16.2 USD
2 years ago
Aug 12, 2022
Bought 24.2 K USD
Rynd John Clayton
See remarks
+ 1500
16.1 USD
2 years ago
Aug 12, 2022
Bought 202 K USD
Rockecharlie David C.
Chief Executive Officer
+ 12734
15.85 USD
7. News
Crescent Energy Company (CRGY) Q3 2024 Earnings Call Transcript Crescent Energy Company (NYSE:CRGY ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Reid Gallagher - Investor Relations David Rockecharlie - CEO Brandi Kendall - CFO Clay Rynd - EVP of Investments Conference Call Participants Neal Dingmann - Truist Securities Tim Rezvan - KeyBanc Capital Oliver Huang - TPH & Company Michael Scialla - Stephens John Freeman - Raymond James Arun Jayaram - J.P. Morgan John Abbott - Wolfe Research Michael Furrow - Pickering Energy Operator Greetings, and welcome to the Crescent Energy Third Quarter 2024 Conference Call. seekingalpha.com - 1 week ago
Crescent Energy: Eagle Ford Or Bust Crescent Energy's recent major acquisition and smaller acquisition signal a focus on the Eagle Ford. The latest quarterly report is clouded by acquisition-related costs, making it less useful; expect clearer financials in future reports. Acquiring SilverBow's natural gas production at low prices offers substantial upside potential as natural gas prices recover and export capacity increases. seekingalpha.com - 1 week ago
Crescent Energy (CRGY) Q3 Earnings Top Estimates Crescent Energy (CRGY) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.35 per share a year ago. zacks.com - 1 week ago
Crescent Energy (CRGY) Stock Drops Despite Market Gains: Important Facts to Note Crescent Energy (CRGY) concluded the recent trading session at $12.13, signifying a -0.66% move from its prior day's close. zacks.com - 2 weeks ago
Analysts Estimate Crescent Energy (CRGY) to Report a Decline in Earnings: What to Look Out for Crescent Energy (CRGY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 2 weeks ago
New Strong Sell Stocks for October 25th CRGY, DHT and LBRT have been added to the Zacks Rank #5 (Strong Sell) List on October 25, 2024. zacks.com - 3 weeks ago
Crescent Energy Schedules Third Quarter 2024 Earnings Release and Conference Call HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) today announced plans to host a conference call and webcast at 10 a.m. CT, on Tuesday, November 5, 2024, to discuss its third quarter 2024 financial and operating results. The Company plans to release results after market close on Monday, November 4, 2024. The release and supplemental slides will be available on the company's website at www.crescentenergyco.com. Conference Call Information Time: 10 a.m. CT (11 a.m. ET) Date: Tuesday. businesswire.com - 3 weeks ago
Will Crescent Energy (CRGY) Beat Estimates Again in Its Next Earnings Report? Crescent Energy (CRGY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. zacks.com - 3 weeks ago
Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now. zacks.com - 3 weeks ago
3 Mid-Cap Stocks Under $20 With Insider Buying and Major Upside The financial news frequently emphasizes stocks with heavy insider selling, premised on the assumption that insiders believe the stock is overpriced and that they are taking profits ahead of retail investors. However, most of the time, these sales are part of a previously disclosed plan and disclosed to the SEC months in advance. marketbeat.com - 1 month ago
Why Crescent Energy Stock Was Zooming Higher This Week Say hello to the index effect. fool.com - 1 month ago
Crescent Energy Co (CRGY) Stock Price Up 10.88% on Oct 2 Shares of Crescent Energy Co (CRGY, Financial) surged 10.88% in mid-day trading on Oct 2. The stock reached an intraday high of $12.49, before settling at $12.39, up from its previous close of $11.17. gurufocus.com - 1 month ago
8. Profile Summary

Crescent Energy Company CRGY

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COUNTRY US
INDUSTRY Oil & Gas Exploration & Production
MARKET CAP $ 3.14 B
Dividend Yield 1.22%
Description Crescent Energy Company, an energy company, explores for, 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 basins, including the Eagle Ford, Rockies, Barnett, Permian, Mid-Con, and other basins in the United States. As of December 31, 2021, it had 1,528 gross undrilled locations, including 567 gross operated drilling locations; and 531.6 net million barrels of oil equivalent of proved reserves. The company was founded in 2020 and is based in Houston, Texas.
Contact 600 Travis Street, Houston, TX, 77002 https://www.crescentenergyco.com
IPO Date Dec. 8, 2021
Employees 904
Officers Ms. Brandi Kendall Chief Financial Officer, Investor Relations & Director Mr. Bo Shi General Counsel & Corporate Secretary Mr. John Clayton Rynd Executive Vice President of Investments Mr. Todd N. Falk Chief Accounting Officer Mr. David C. Rockecharlie Chief Executive Officer & Director