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CRGY Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
12.045
Open
11.670
VWAP
11.88
Vol
5.31M
Mkt Cap
3.93B
Low
11.590
Amount
63.01M
EV/EBITDA(TTM)
5.55
Total Shares
327.90M
EV
9.38B
EV/OCF(TTM)
5.58
P/S(TTM)
0.80
Crescent Energy Company is an energy company. The Company’s operations are focused on Texas and the Rockies with active development in the Eagle Ford and Uinta basins. It also operates conventional assets in Wyoming, where it is active in carbon capture, use and storage (CCUS). It is an operator in the Eagle Ford with a proven ability to scale and safely capture operational upside. It operates in both the oil and condensate windows of the Eagle Ford. Its Uinta position has a large inventory of low-risk undeveloped locations with significant resource potential across multiple, prolific formations. The Uinta basin produces high-value crude, and it has secured takeaway capacity into the Salt Lake City refining complex. Its Wyoming operations comprise low-decline conventional production spanning numerous conventional fields. It operates two enhanced oil recovery projects (EOR) in Wyoming.
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Events Timeline

(ET)
2026-03-02
16:10:00
Crescent Energy Plans to Issue $400M Convertible Notes
select
2026-02-25 (ET)
2026-02-25
16:51:00
Crescent Reports Q4 Revenue of $865.05M
select
2026-02-25
16:50:00
Crescent Energy Sees FY26 Production at 320-335 MBoe/d
select

News

Businesswire
8.5
03-04Businesswire
Crescent Energy Prices $600 Million Convertible Notes Offering
  • Increased Offering Size: Crescent Energy has raised its convertible notes offering from $400 million to $600 million, reflecting strong market demand, with an estimated net proceeds of $582 million expected to enhance the company's financial flexibility.
  • Clear Use of Proceeds: The company plans to allocate approximately $512 million to redeem its outstanding 9.250% Senior Notes due 2028, aiming to reduce interest burdens and optimize its capital structure, thereby improving overall financial health.
  • Attractive Conversion Terms: The initial conversion price of $14.89 per share represents a 32.5% premium over the current stock price, which is likely to attract investors looking to capitalize on future stock price appreciation, increasing market interest in the company's shares.
  • Risk Management Measures: The company has entered into capped call transactions with initial purchasers to mitigate potential dilution risks, ensuring effective cash management upon conversion of the notes, which further bolsters investor confidence.
Newsfilter
8.5
03-04Newsfilter
Crescent Energy Prices $600 Million Convertible Notes Offering
  • Increased Offering Size: Crescent Energy has raised the size of its convertible senior notes offering from $400 million to $600 million, reflecting strong market confidence in its financing needs and providing substantial funding support for future growth.
  • Clear Use of Proceeds: The company estimates net proceeds of approximately $582 million from the offering, with plans to allocate about $49 million to redeem outstanding 9.250% senior notes due 2028, aimed at reducing financial costs and optimizing its capital structure.
  • Attractive Conversion Terms: The initial conversion price of approximately $14.89 per share represents a 32.5% premium over the current stock price, offering investors potential capital appreciation while providing the company with flexibility for future equity structure adjustments.
  • Risk Management Strategy: The company intends to use part of the proceeds to enter into capped call transactions, which are expected to mitigate potential dilution from future conversions of the notes, thereby enhancing investor confidence and preserving shareholder value.
Yahoo Finance
8.5
03-04Yahoo Finance
Crescent Energy Prices $600 Million Convertible Notes Offering
  • Increased Offering Size: Crescent Energy has raised the size of its convertible senior notes offering from $400 million to $600 million, reflecting strong market demand, and is expected to generate approximately $582 million in net proceeds, enhancing the company's financial flexibility.
  • Bond Terms Details: The notes will carry an interest rate of 2.75% and mature on March 15, 2031, with an initial conversion price of about $14.89 per share, representing a 32.5% premium over the current stock price, potentially optimizing the company's capital structure.
  • Clear Use of Proceeds: The company plans to allocate approximately $512 million to redeem its outstanding 9.250% senior notes due 2028, thereby reducing its debt burden, while around $49 million will be used for capped call transactions aimed at mitigating future equity dilution.
  • Market Reaction Expectations: By entering into capped call transactions with initial purchasers, Crescent Energy anticipates reducing the dilution risk to its common stock upon conversion of the notes, which could enhance investor confidence and positively impact the stock price.
Yahoo Finance
8.5
03-02Yahoo Finance
Crescent Energy Plans to Sell $400 Million in Convertible Debt
  • Financing Initiative: Crescent Energy Company announced its intention to sell $400 million in convertible senior debt, aiming to strengthen its capital structure and fund future investments.
  • Market Reaction: The bond issuance is expected to attract investor interest, particularly against the backdrop of current energy market volatility, potentially enhancing the company's financing flexibility and market confidence.
  • Strategic Implications: By issuing this debt, Crescent Energy aims to optimize its capital costs and provide necessary financial resources for potential acquisitions or project developments, thereby enhancing its competitive position in the market.
  • Future Outlook: The company hopes to leverage this financing to support its long-term growth strategy, especially in investments within both renewable and traditional energy sectors to adapt to changing market demands.
seekingalpha
8.5
03-02seekingalpha
Crescent Energy Plans $400 Million Convertible Notes Offering
  • Bond Offering Plan: Crescent Energy Company intends to issue $400 million of convertible senior notes due 2031 through a private placement to qualified institutional buyers, indicating the company's proactive approach to capital market utilization.
  • Additional Purchase Option: The company expects to grant initial purchasers a 13-day option to buy up to an additional $60 million of notes, a strategy that may enhance market demand and liquidity for the bonds.
  • Clear Use of Proceeds: Crescent plans to use part of the net proceeds for capped call transactions, while the remainder, along with borrowings under its revolving credit facility, will be used to redeem all outstanding 9.250% senior notes due 2028, aiming to optimize its capital structure.
  • Terms Pending Pricing: The notes will be senior unsecured obligations convertible into cash, Class A common stock, or a combination of both, with specific interest rates and terms to be determined at pricing, reflecting the company's flexible financing strategy.
NASDAQ.COM
2.0
02-26NASDAQ.COM
Crescent Energy (CRGY) Q4 2025 Earnings Transcript
Wall Street analysts forecast CRGY stock price to rise
9 Analyst Rating
Wall Street analysts forecast CRGY stock price to rise
6 Buy
3 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
9.00
Averages
12.25
High
14.00
Current: 0.000
sliders
Low
9.00
Averages
12.25
High
14.00
Piper Sandler
Overweight
maintain
$14 -> $16
AI Analysis
2026-03-12
New
Reason
Piper Sandler
Price Target
$14 -> $16
AI Analysis
2026-03-12
New
maintain
Overweight
Reason
Piper Sandler raised the firm's price target on Crescent Energy to $16 from $14 and keeps an Overweight rating on the shares. Piper cites its increased price deck for the target bump. The firm increased its mid-cycle crude price forecast to $75 per barrel from $70 amid the Iran war. The analyst expects lasting supply impacts. Higher prices are required to incentivize investment in production, the analyst tells investors in a research note.
Piper Sandler
Overweight
maintain
$13 -> $14
2026-03-05
Reason
Piper Sandler
Price Target
$13 -> $14
2026-03-05
maintain
Overweight
Reason
Piper Sandler raised the firm's price target on Crescent Energy to $14 from $13 and keeps an Overweight rating on the shares. The firm says the rotation trade got a shot in the arm this week as war with Iran put 20% of global oil, product and gas supply at risk. While war has overshadowed Q4 results and FY26 outlooks, Piper anticipates little change from U.S. operators in the wake of the conflict.
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Valuation Metrics

The current forward P/E ratio for Crescent Energy Co (CRGY.N) is 5.87, compared to its 5-year average forward P/E of 6.60. For a more detailed relative valuation and DCF analysis to assess Crescent Energy Co's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
6.60
Current PE
5.87
Overvalued PE
8.70
Undervalued PE
4.49

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
3.20
Current EV/EBITDA
2.14
Overvalued EV/EBITDA
4.07
Undervalued EV/EBITDA
2.32

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.41
Current PS
0.49
Overvalued PS
0.56
Undervalued PS
0.25

Financials

AI Analysis
Annual
Quarterly

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Whales Holding CRGY

A
Aventail Capital Group, LP
Holding
CRGY
+13.23%
3M Return
H
Hite Hedge Asset Management LLC
Holding
CRGY
+12.37%
3M Return
K
KKR & Co. Inc.
Holding
CRGY
+3.97%
3M Return

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Frequently Asked Questions

What is Crescent Energy Co (CRGY) stock price today?

The current price of CRGY is 11.99 USD — it has increased 2.13

What is Crescent Energy Co (CRGY)'s business?

Crescent Energy Company is an energy company. The Company’s operations are focused on Texas and the Rockies with active development in the Eagle Ford and Uinta basins. It also operates conventional assets in Wyoming, where it is active in carbon capture, use and storage (CCUS). It is an operator in the Eagle Ford with a proven ability to scale and safely capture operational upside. It operates in both the oil and condensate windows of the Eagle Ford. Its Uinta position has a large inventory of low-risk undeveloped locations with significant resource potential across multiple, prolific formations. The Uinta basin produces high-value crude, and it has secured takeaway capacity into the Salt Lake City refining complex. Its Wyoming operations comprise low-decline conventional production spanning numerous conventional fields. It operates two enhanced oil recovery projects (EOR) in Wyoming.

What is the price predicton of CRGY Stock?

Wall Street analysts forecast CRGY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRGY is12.25 USD with a low forecast of 9.00 USD and a high forecast of 14.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Crescent Energy Co (CRGY)'s revenue for the last quarter?

Crescent Energy Co revenue for the last quarter amounts to 865.05M USD, decreased -1.17

What is Crescent Energy Co (CRGY)'s earnings per share (EPS) for the last quarter?

Crescent Energy Co. EPS for the last quarter amounts to -0.03 USD, decreased -95.71

How many employees does Crescent Energy Co (CRGY). have?

Crescent Energy Co (CRGY) has 1066 emplpoyees as of March 14 2026.

What is Crescent Energy Co (CRGY) market cap?

Today CRGY has the market capitalization of 3.93B USD.