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Crescent Energy Company Class A ( (CRGY) ) just unveiled an announcement.
On June 23, 2025, Crescent Energy Finance LLC, an indirect subsidiary of Crescent Energy Company, announced the pricing of $600 million in 8.375% Senior Notes due 2034. The proceeds from this offering, along with additional borrowings and cash on hand, are intended to fund a tender offer for a portion of the company’s outstanding 9.250% Senior Notes due 2028 and other corporate purposes. This strategic financial move is expected to enhance Crescent Energy’s capital structure and provide flexibility in managing its debt obligations.
The most recent analyst rating on (CRGY) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on Crescent Energy Company Class A stock, see the CRGY Stock Forecast page.
Spark’s Take on CRGY Stock
According to Spark, TipRanks’ AI Analyst, CRGY is a Neutral.
Crescent Energy’s overall stock score reflects a mix of strong earnings performance against challenges in cash flow and valuation. The earnings call provided a positive outlook, which helps balance the financial instability concerns. Technical analysis indicates moderate momentum, yet the valuation suggests some risk due to current earnings issues.
To see Spark’s full report on CRGY stock, click here.
More about Crescent Energy Company Class A
Crescent Energy Company is a U.S. energy company with a portfolio of assets concentrated in Texas and the Rockies.
Average Trading Volume: 3,749,939
Technical Sentiment Signal: Sell
Current Market Cap: $3.01B
Find detailed analytics on CRGY stock on TipRanks’ Stock Analysis page.