Siebert Williams Shank & Co analyst Gabriele Sorbara has reiterated their bullish stance on CRGY stock, giving a Buy rating on July 21.
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Gabriele Sorbara has given his Buy rating due to a combination of factors that highlight Crescent Energy Company’s strong financial performance and strategic decisions. The company reported impressive second-quarter results for 2025, surpassing expectations across various metrics. Additionally, Crescent Energy has managed to reduce its capital expenditure guidance for 2025 by 2.6%, reflecting continued operational efficiencies while maintaining its production guidance.
Moreover, the company’s valuation remains attractive, trading at a discount in terms of EV/EBITDA compared to its peers, and it boasts a top-quartile free cash flow yield. Despite a potential decline in oil production in the latter half of 2025, the company’s strong inventory and improved cash tax guidance, which anticipates no significant cash taxes for the next five years, contribute to its positive outlook. These factors collectively support the Buy rating, emphasizing the company’s potential for material NAV upside.
According to TipRanks, Sorbara is a 5-star analyst with an average return of 22.8% and a 55.88% success rate. Sorbara covers the Energy sector, focusing on stocks such as Civitas Resources, Coterra Energy, and Comstock Resources.
In another report released on July 21, Evercore ISI also maintained a Buy rating on the stock with a $11.00 price target.