Crescent Energy Company·Energy

Houston-based Crescent Energy produces oil and gas from a diversified U.S. basin portfolio, with shares up 40% over the past year.

The average of price targets set by Wall Street analysts indicates a potential upside of 25.6% in Crescent Energy (CRGY). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Crescent Energy (CRGY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Crescent Energy (CRGY) reported a loss due to noncash impairment charges driven by weak commodity prices and hedge losses. CRGY's acquisition strategy targets properties from higher-cost operators. CRGY then aims to optimize and lower costs over time. Free cash flow and EBITDAX improved.

Crescent Energy Company (CRGY) Q1 2026 Earnings Call Transcript

Although the revenue and EPS for Crescent Energy (CRGY) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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.
Energy
Oil & Gas Exploration & Production
987
2021-12-08
0.95