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Crescent Energy Issues $600M Senior Notes Due 2034

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Crescent Energy Issues $600M Senior Notes Due 2034

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Crescent Energy Company Class A ( (CRGY) ) has issued an update.

On July 8, 2025, Crescent Energy Finance LLC, a subsidiary of Crescent Energy Company, issued $600 million in 8.375% Senior Notes due 2034. These notes are senior unsecured obligations guaranteed by the issuer’s existing subsidiaries but not by Crescent Energy Company itself. Additionally, Crescent Energy announced the early results of its tender offer to purchase up to $500 million of its 9.250% Senior Notes due 2028, with $306.125 million of these notes validly tendered by July 7, 2025. The tender offer is set to expire on July 22, 2025, unless extended or terminated.

The most recent analyst rating on (CRGY) stock is a Buy with a $18.00 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 strengths and risks. The most significant factor is the positive earnings call, highlighting strong financial performance and strategic management. However, financial performance remains a concern due to inconsistent revenue and cash flow. Technical analysis and valuation further indicate challenges, despite positive corporate developments.

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 firm with a portfolio of assets concentrated in Texas and the Rockies.

Average Trading Volume: 3,416,975

Technical Sentiment Signal: Sell

Current Market Cap: $2.92B

For an in-depth examination of CRGY stock, go to TipRanks’ Overview page.

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