Crescent Energy Co stock declines amid market weakness
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 18 2024
0mins
Should l Buy CRGY?
Crescent Energy Co's stock fell by 5.04% as it crossed below the 20-day SMA, reflecting a challenging trading environment.
The decline in Crescent Energy's stock price is attributed to broad market weakness, with both the Nasdaq-100 and S&P 500 experiencing slight downturns of 0.06% and 0.25%, respectively. This market trend has influenced investor sentiment, leading to a sell-off in energy stocks, including Crescent Energy.
As the market continues to show signs of weakness, investors may remain cautious, impacting the stock's performance in the near term.
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Analyst Views on CRGY
Wall Street analysts forecast CRGY stock price to fall
9 Analyst Rating
6 Buy
3 Hold
0 Sell
Moderate Buy
Current: 12.440
Low
9.00
Averages
12.25
High
14.00
Current: 12.440
Low
9.00
Averages
12.25
High
14.00
About CRGY
Crescent Energy Company is an energy company. The Company's investing and operating activities are focused on the Eagle Ford, Permian and Uinta basins. It operates in the oil, condensate and dry gas windows of Eagle Ford. Its premier position in the Permian spans both the Midland and Delaware basins. The Permian basin complements its strategy with stable production, low-risk development inventory and meaningful potential for resource expansion and further growth through acquisition opportunities. Its Uinta position has a large inventory of attractive, low-risk undeveloped locations with significant resource potential across multiple, prolific formations. The Uinta basin produces crude, and it sells 100% of its production into the Salt Lake City refining complex. Its minerals focus on Texas and the Rockies with exposure to operators.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Crescent Energy (CRGY.US) 10% Stakeholder Plans to Sell $427.06 Million in Common Shares via Form 144
Stock Sale Announcement: Liberty Mutual Foundation Inc. plans to sell 32.6 million shares of Crescent Energy's common stock.
Market Value: The total market value of the shares being sold is approximately $427.06 million.
See More
Crescent Energy (CRGY) Q1 2026 Earnings Transcript
See More
Crescent Energy Declares Quarterly Dividend of $0.12
- Quarterly Dividend Announcement: Crescent Energy Company has declared a quarterly dividend of $0.12 per share, indicating the company's stable cash flow and profitability in the current market environment, which is likely to attract more income-focused investors.
- Yield Analysis: The forward yield of 3.5% not only provides shareholders with a substantial return but also reflects the company's robust performance in the oil and gas sector, helping to bolster investor confidence.
- Payment Schedule: The dividend will be payable on June 1, with a record date of May 18 and an ex-dividend date also on May 18, ensuring that shareholders can receive their earnings promptly, thereby enhancing their willingness to hold shares.
- Market Reaction Expectations: The dividend announcement from Crescent Energy may trigger a positive market response, especially in the current economic climate, as a stable dividend policy enhances the attractiveness of the company's stock, potentially driving up its price.
See More
Crescent Energy Reports Q1 Earnings Miss Despite Revenue Growth
- Earnings Miss: Crescent Energy reported a Q1 GAAP EPS of -$1.28, missing expectations by $1.63, indicating challenges in profitability that could impact investor confidence moving forward.
- Significant Revenue Growth: Despite the earnings miss, the company achieved revenues of $1.18 billion, reflecting a 24.2% year-over-year increase and surpassing market expectations by $20 million, showcasing strong sales performance and market demand.
- Market Reaction Analysis: The earnings miss may lead to negative impacts on Crescent Energy's stock price, prompting investors to closely monitor the company's future profitability and cost management strategies.
- Investment Strategy Adjustments: Miller Deep Value Strategy increased its positions in Crescent Energy and BLMN during Q1, indicating confidence in their long-term value despite the short-term profitability pressures.
See More
Value Stocks Outperform Growth Stocks in 2026
- Market Performance Comparison: Year-to-date in 2026, the Russell 1000 Value Index has returned approximately 8%, while the Russell 1000 Growth Index remains flat, indicating a strong performance of value stocks, particularly with widening gaps in mid-cap and small-cap stocks.
- Miller's Investment Strategy: Renowned value investor Bill Miller and his firm, Miller Value Partners, made notable additions of Bloomin' Brands and Crescent Energy in Q1, reflecting their deep value strategy focused on identifying undervalued stocks in uncertain markets.
- Bloomin' Brands Transformation: Bloomin' Brands has seen an average annual return of -28% over the past five years, currently trading around $6, as activist investor Starboard Value's 9% stake has prompted a turnaround plan aimed at enhancing financials and operations, with potential EBITDA growth from $270 million to $500 million.
- Crescent Energy Growth Potential: Crescent Energy's stock has surged 61% year-to-date, currently priced at $13.46, benefiting from rising oil and gas prices, while management's strategy of acquiring discounted assets is expected to improve operational efficiency and strengthen its position in the Permian Basin.
See More
Miller Increases Value Stock Holdings Amid Market Volatility
- Value Stock Outperformance: In 2026, value stocks have outperformed growth stocks, with the Russell 1000 Value Index returning approximately 8% year-to-date, while the Russell 1000 Growth Index remains flat, indicating a shift in investor preference towards safer investments.
- Miller's Investment Strategy: Miller Value Partners has added two notable stocks, Bloomin' Brands and Crescent Energy, to its Deep Value strategy, with Bloomin' Brands trading at about $6 per share and suffering a -28% average annual return over the past five years, yet is undergoing a turnaround driven by activist investors.
- Bloomin' Brands Potential: The company, after years of declining stock prices, is projected to increase adjusted EBITDA from $270 million to $500 million, indicating significant turnaround potential, with its current stock price at just 6 times forward earnings.
- Crescent Energy Growth: Crescent Energy's stock has surged 61% year-to-date, trading at 8 times forward earnings, and despite increased debt from acquiring Vital Energy, management's history of buying discounted assets suggests strong operational improvements and cost reductions ahead.
See More
Crescent Energy (CRGY.US) 10% Stakeholder Plans to Sell $427.06 Million in Common Shares via Form 144
Stock Sale Announcement: Liberty Mutual Foundation Inc. plans to sell 32.6 million shares of Crescent Energy's common stock.
Market Value: The total market value of the shares being sold is approximately $427.06 million.
See More
Crescent Energy (CRGY) Q1 2026 Earnings Transcript
See More
Crescent Energy Declares Quarterly Dividend of $0.12
- Quarterly Dividend Announcement: Crescent Energy Company has declared a quarterly dividend of $0.12 per share, indicating the company's stable cash flow and profitability in the current market environment, which is likely to attract more income-focused investors.
- Yield Analysis: The forward yield of 3.5% not only provides shareholders with a substantial return but also reflects the company's robust performance in the oil and gas sector, helping to bolster investor confidence.
- Payment Schedule: The dividend will be payable on June 1, with a record date of May 18 and an ex-dividend date also on May 18, ensuring that shareholders can receive their earnings promptly, thereby enhancing their willingness to hold shares.
- Market Reaction Expectations: The dividend announcement from Crescent Energy may trigger a positive market response, especially in the current economic climate, as a stable dividend policy enhances the attractiveness of the company's stock, potentially driving up its price.
See More
Crescent Energy Reports Q1 Earnings Miss Despite Revenue Growth
- Earnings Miss: Crescent Energy reported a Q1 GAAP EPS of -$1.28, missing expectations by $1.63, indicating challenges in profitability that could impact investor confidence moving forward.
- Significant Revenue Growth: Despite the earnings miss, the company achieved revenues of $1.18 billion, reflecting a 24.2% year-over-year increase and surpassing market expectations by $20 million, showcasing strong sales performance and market demand.
- Market Reaction Analysis: The earnings miss may lead to negative impacts on Crescent Energy's stock price, prompting investors to closely monitor the company's future profitability and cost management strategies.
- Investment Strategy Adjustments: Miller Deep Value Strategy increased its positions in Crescent Energy and BLMN during Q1, indicating confidence in their long-term value despite the short-term profitability pressures.
See More
Value Stocks Outperform Growth Stocks in 2026
- Market Performance Comparison: Year-to-date in 2026, the Russell 1000 Value Index has returned approximately 8%, while the Russell 1000 Growth Index remains flat, indicating a strong performance of value stocks, particularly with widening gaps in mid-cap and small-cap stocks.
- Miller's Investment Strategy: Renowned value investor Bill Miller and his firm, Miller Value Partners, made notable additions of Bloomin' Brands and Crescent Energy in Q1, reflecting their deep value strategy focused on identifying undervalued stocks in uncertain markets.
- Bloomin' Brands Transformation: Bloomin' Brands has seen an average annual return of -28% over the past five years, currently trading around $6, as activist investor Starboard Value's 9% stake has prompted a turnaround plan aimed at enhancing financials and operations, with potential EBITDA growth from $270 million to $500 million.
- Crescent Energy Growth Potential: Crescent Energy's stock has surged 61% year-to-date, currently priced at $13.46, benefiting from rising oil and gas prices, while management's strategy of acquiring discounted assets is expected to improve operational efficiency and strengthen its position in the Permian Basin.
See More
Miller Increases Value Stock Holdings Amid Market Volatility
- Value Stock Outperformance: In 2026, value stocks have outperformed growth stocks, with the Russell 1000 Value Index returning approximately 8% year-to-date, while the Russell 1000 Growth Index remains flat, indicating a shift in investor preference towards safer investments.
- Miller's Investment Strategy: Miller Value Partners has added two notable stocks, Bloomin' Brands and Crescent Energy, to its Deep Value strategy, with Bloomin' Brands trading at about $6 per share and suffering a -28% average annual return over the past five years, yet is undergoing a turnaround driven by activist investors.
- Bloomin' Brands Potential: The company, after years of declining stock prices, is projected to increase adjusted EBITDA from $270 million to $500 million, indicating significant turnaround potential, with its current stock price at just 6 times forward earnings.
- Crescent Energy Growth: Crescent Energy's stock has surged 61% year-to-date, trading at 8 times forward earnings, and despite increased debt from acquiring Vital Energy, management's history of buying discounted assets suggests strong operational improvements and cost reductions ahead.
See More
