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Crescent Energy Company Class A ( (CRGY) ) has issued an update.
Crescent Energy Company has completed significant acquisitions, including Ridgemar (Eagle Ford) LLC and SilverBow Resources, Inc., which are expected to impact its financial operations. The acquisitions, finalized in 2024 and 2025, involved substantial cash and stock transactions, and the financial implications are reflected in unaudited pro forma condensed combined statements of operations for the year ended December 31, 2024, and the six months ended June 30, 2025. These transactions are part of Crescent’s strategic efforts to expand its operational assets and market presence.
The most recent analyst rating on (CRGY) stock is a Hold with a $10.00 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 Outperform.
Crescent Energy’s strong earnings call and strategic corporate events are significant positives, driving the overall score. However, challenges in profitability and bearish technical indicators moderate the score. The company’s robust cash flow and strategic initiatives provide a solid foundation for future growth.
To see Spark’s full report on CRGY stock, click here.
More about Crescent Energy Company Class A
Average Trading Volume: 4,006,645
Technical Sentiment Signal: Sell
Current Market Cap: $2.14B
Learn more about CRGY stock on TipRanks’ Stock Analysis page.