Crescent Energy Company Class A (CRGY) AI Stock Analysis

• Market Cap: $3.21B
• Dividend Yield: 5.78%
• Average Volume (3M): 5.31M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.48
• Revenue Growth: 32.31%
• EPS Growth: -122.30%
• Country: US
• Employees: 987
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.35
• Shares Outstanding: 328,381,840
• 10 Day Avg. Volume: 5,304,685
• 30 Day Avg. Volume: 5,313,216
• PEG Ratio: 0.09
• Price to Book (P/B): 0.94
• Price to Sales (P/S): 1.00
• P/FCF Ratio: -138.69
• Enterprise Value/Market Cap: 1.77
• Enterprise Value/Revenue: 1.58
• Enterprise Value/Gross Profit: 1.92
• Enterprise Value/Ebitda: 3.87
• 1Y Price Target: $12.25
• Price Target Upside: 25.38% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9
• EPS Forecast (FY): 1.28
• Revenue Forecast (FY): $4.47B

• Rating: 66 Neutral
• Price Target: $10.50 ▲(7.47% Upside)

Crescent Energy's overall stock score reflects a strong financial position and positive strategic developments, particularly the transformative acquisition of Vital Energy. However, technical indicators suggest bearish momentum, and valuation concerns persist with a negative P/E ratio. The company's attractive dividend yield and robust earnings call performance contribute positively to the score.

Positive Factors

Scale from Vital acquisition

Becoming a top-10 U.S. independent via the Vital deal materially increases scale and geographic diversification (Permian, Eagle Ford, Uinta). Greater scale supports long-term cost synergies, stronger commercial offtake, and resilience to basin-specific shocks, improving durable cash generation.

Strong free cash flow & portfolio pruning

Sustained levered free cash flow and robust adjusted EBITDA, plus >$700M of noncore divestitures (>$800M YTD) used to pay down debt, show durable cash conversion and disciplined portfolio management. This strengthens financial flexibility for capex, dividends, and strategic investments over multiple quarters.

Expanded liquidity and credit capacity

A larger $3.9B borrowing base with extended tenor and improved pricing materially improves liquidity and financing optionality during integration and development. Extended covenants and better pricing reduce refinancing risk and support multi-year execution of production and capital plans.

Negative Factors

Integration execution risk

Merging operations, systems, and personnel from Vital creates medium-term execution risk. If synergies, operational protocols, or capital plans are delayed or mis-executed, production, unit costs, and realized cash flows could suffer, undermining the expected durable accretion from the deal.

Near-term production hit from divestitures

Selling noncore assets trimmed production by ~16k boe/d and triggers $30–40M in cash taxes. Reduced base production can lower long-term organic volume growth unless replaced by drilling or acquisitions, pressuring per-share cash generation and making growth reliant on successful redeployment of proceeds.

Higher-cost note issuance & covenant reshaping

Replacing Vital notes with new high-coupon unsecured notes raises fixed interest costs and alters covenant dynamics. Elevated interest burden and complex guarantee structures increase cash interest sensitivity and constrain free cash flow availability, reducing long-term financial flexibility if commodity revenues soften.

Crescent Energy Company Class A Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Crescent Energy generates revenue primarily through the sale of crude oil, natural gas, and natural gas liquids produced from its wells. The company’s revenue model is largely driven by the volume of production and prevailing market prices for these commodities. Key revenue streams include direct sales to energy companies, refiners, and marketers, as well as contracts for pipeline transportation and processing of hydrocarbons. Additionally, Crescent Energy may engage in hedging activities to mitigate price volatility and secure more predictable cash flows. Strategic partnerships with other energy firms and service providers also contribute to operational efficiency and cost management, enhancing overall profitability.

Crescent Energy Company Class A Financial Statement Overview

Summary

Crescent Energy Company Class A exhibits a solid financial position with strengths in cash flow generation and a balanced leverage approach. While profitability margins are moderate, the company shows potential for growth and stability in the oil and gas sector.

Income Statement

Crescent Energy Company Class A shows a moderate financial performance with a Gross Profit Margin of 62.83% and a Net Profit Margin of 1.03% for TTM, indicating profitability but with room for improvement. Revenue growth is positive at 3.51%, suggesting a stable upward trend. However, the EBIT Margin of 2.14% and EBITDA Margin of 33.03% reflect moderate operational efficiency.

Balance Sheet

The company's Debt-to-Equity Ratio is 0.72, indicating a balanced approach to leverage. Return on Equity is low at 0.96%, suggesting limited profitability from shareholders' equity. The equity ratio is not directly provided, but the balance sheet shows a stable financial structure with a focus on maintaining equity levels.

Cash Flow

Crescent Energy demonstrates strong cash flow management with a significant Free Cash Flow Growth Rate of 266.75% and an Operating Cash Flow to Net Income Ratio of 1.96. The Free Cash Flow to Net Income Ratio of 0.77 indicates efficient conversion of net income into free cash flow, supporting financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.59B	2.93B	2.38B	3.06B	1.48B	754.22M
Gross Profit	2.96B	2.40B	1.30B	2.62B	1.23B	552.04M
EBITDA	1.47B	996.99M	1.17B	1.15B	-69.01M	194.30M
Net Income	23.52M	-114.61M	67.61M	96.67M	-19.38M	0.00
Balance Sheet
Total Assets	9.69B	9.16B	6.80B	6.02B	5.16B	3.91B
Cash, Cash Equivalents and Short-Term Investments	3.53M	132.82M	2.97M	0.00	128.58M	36.86M
Total Debt	3.23B	3.13B	1.76B	1.32B	1.09B	774.79M
Total Liabilities	5.22B	4.79B	3.17B	2.72B	2.14B	1.01B
Stockholders Equity	4.47B	3.13B	1.70B	848.11M	682.21M	2.72B
Cash Flow
Free Cash Flow	-271.13M	-21.20M	-494.83M	-206.96M	-37.54M	284.86M
Operating Cash Flow	1.69B	1.22B	935.77M	1.01B	233.15M	411.03M
Investing Cash Flow	-1.88B	-1.20B	-1.40B	-1.12B	-244.59M	-124.94M
Financing Cash Flow	34.76M	207.39M	456.46M	-7.84M	105.14M	-272.09M

Crescent Energy Company Class A Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.77
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CRGY, the sentiment is Positive. The current price of 9.77 is above the 20-day moving average (MA) of 8.57, above the 50-day MA of 8.81, and above the 200-day MA of 8.80, indicating a bullish trend. The MACD of 0.22 indicates Negative momentum. The RSI at 70.50 is Negative, neither overbought nor oversold. The STOCH value of 88.34 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CRGY.

Crescent Energy Company Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MNR	81 Outperform	$1.97B	12.18	6.68%	17.48%	9.33%	―
BSM	76 Outperform	$3.13B	12.86	23.90%	9.94%	-0.75%	-29.40%
NOG	72 Outperform	$2.44B	14.10	7.95%	8.18%	1.51%	-78.38%
CRGY	66 Neutral	$3.21B	-66.46	0.64%	5.78%	32.31%	-122.30%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
BKV	62 Neutral	$2.88B	57.45	2.62%	―	31.67%	―
TALO	61 Neutral	$2.03B	-5.92	-13.71%	―	-0.02%	-473.61%

Crescent Energy Company Class A Corporate Events

Crescent Energy refinances notes and reshapes capital structure

On the Settlement Date, a Crescent Energy subsidiary issued $294.8 million of senior unsecured notes maturing July 31, 2029, with a 7.75% coupon, and $237.2 million of senior unsecured notes maturing October 15, 2030, with a 9.75% coupon, both fully and unconditionally guaranteed on a senior unsecured basis by existing subsidiary guarantors under the group’s revolving credit facility but not by the listed parent company or OpCo. The new Crescent 2029 and 2030 notes, which were issued in exchange for existing Vital notes in unregistered exchange offers, include standard high‑yield features such as optional redemption schedules, change‑of‑control repurchase rights, leverage‑ and payout‑restricting covenants, and acceleration upon events of default, while concurrent supplemental indentures for the Vital notes, effective as of December 12, 2025, removed certain restrictive covenants, collectively reshaping the group’s capital structure and covenant package for noteholders.

The most recent analyst rating on (CRGY) stock is a Buy 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.

Crescent Energy Completes Acquisition of Vital Energy

On December 15, 2025, Crescent Energy Company announced the completion of its acquisition of Vital Energy, Inc., positioning itself as a leading independent exploration and production company. This all-stock transaction enhances Crescent’s free cash flow profile and operational scale, with the company focusing on integrating new assets and personnel to realize synergies and long-term value creation for shareholders. The governance update includes the appointment of former Vital Energy directors to Crescent’s board, strengthening its expertise.

The most recent analyst rating on (CRGY) stock is a Hold with a $12.00 price target. To see the full list of analyst forecasts on Crescent Energy Company Class A stock, see the CRGY Stock Forecast page.

Crescent Energy Launches Exchange Offers for Senior Notes

On December 1, 2025, Crescent Energy Finance LLC, a subsidiary of Crescent Energy Company, announced the commencement of exchange offers for senior notes due in 2029 and 2030, originally issued by Vital Energy, Inc. The exchange offers aim to replace existing notes with new ones issued by Crescent Energy Finance, while also soliciting consents to amend indentures governing the existing notes. These amendments would remove restrictive covenants and certain default provisions. The initiative is part of a strategic move to streamline financial operations and potentially improve liquidity, with implications for stakeholders including potential cash payments for noteholders if certain conditions are met.

The most recent analyst rating on (CRGY) stock is a Buy 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.

Crescent Energy Releases Pro Forma Financial Information

Crescent Energy Company has released unaudited pro forma condensed combined financial information following its acquisitions of Ridgemar and SilverBow, as well as the Vital Transaction. These acquisitions, completed in 2024 and 2025, are expected to significantly impact Crescent’s financial operations by integrating major assets from Ridgemar and SilverBow. The pro forma statements provide a detailed view of the company’s financial positioning post-acquisitions, although they are illustrative and do not predict future performance.

The most recent analyst rating on (CRGY) stock is a Hold with a $8.50 price target. To see the full list of analyst forecasts on Crescent Energy Company Class A stock, see the CRGY Stock Forecast page.

Crescent Energy Acquires Vital Energy for $3.1 Billion

In the third quarter of 2025, Crescent Energy reported strong financial performance, with $473 million in operating cash flow and $204 million in levered free cash flow. The company enhanced its 2025 guidance for the second consecutive quarter, reflecting operational efficiencies and increased well productivity in the Eagle Ford region. Crescent announced a $3.1 billion acquisition of Vital Energy, positioning itself as a top 10 independent U.S. oil and gas producer, and executed over $700 million in non-core divestitures to improve margins and accelerate debt repayment. The company also strengthened its balance sheet with $150 million in debt repayment and expanded its borrowing base by 50% to $3.9 billion.

The most recent analyst rating on (CRGY) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Crescent Energy Company Class A stock, see the CRGY Stock Forecast page.