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Crescent Energy Company Class A (CRGY)
NYSE:CRGY
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Crescent Energy Company Class A (CRGY) AI Stock Analysis

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CRGY

Crescent Energy Company Class A

(NYSE:CRGY)

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Neutral 64 (OpenAI - 4o)
Rating:64Neutral
Price Target:
$8.50
▲(0.24% Upside)
Crescent Energy's overall stock score is driven by strong earnings call results and solid financial performance, particularly in cash flow management. However, technical indicators suggest a bearish trend, and valuation metrics indicate potential overvaluation. The company's strategic achievements and improved financial position are significant positives.
Positive Factors
Transformative Acquisition
The acquisition of Vital Energy positions Crescent as a top 10 U.S. independent oil and gas producer, enhancing its market position and growth potential.
Cash Flow Management
Strong cash flow generation supports financial flexibility, enabling debt reduction and strategic investments, crucial for long-term stability.
Operational Efficiency
Improved operational efficiency and well productivity enhance profitability and competitiveness, supporting sustainable growth.
Negative Factors
Integration Risks
Integration challenges from the Vital acquisition could disrupt operations and strain resources, impacting short to medium-term performance.
Production Impact
Reduced production from divestitures may affect revenue and operational scale, challenging Crescent's ability to maintain growth momentum.
Cash Tax Payment
Significant cash tax payments related to divestitures could constrain cash flow, impacting financial flexibility and investment capacity.

Crescent Energy Company Class A (CRGY) vs. SPDR S&P 500 ETF (SPY)

Crescent Energy Company Class A Business Overview & Revenue Model

Company DescriptionCrescent Energy Company Class A (CRGY) is an independent oil and natural gas company engaged in the acquisition, development, and production of oil and gas resources primarily in the United States. The company focuses on high-quality, low-cost assets, leveraging advanced technology and operational efficiencies to maximize production and minimize costs. Crescent Energy operates in various basins, including the Permian Basin and the Eagle Ford Shale, and is committed to sustainable practices and responsible resource management.
How the Company Makes MoneyCrescent 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 Earnings Call Summary

Earnings Call Date:Nov 03, 2025
(Q3-2025)
|
% Change Since: |
Next Earnings Date:Mar 10, 2026
Earnings Call Sentiment Positive
The earnings call presented a largely positive outlook, with Crescent Energy achieving significant financial and operational milestones, including a transformative acquisition, successful divestitures, and strong cash flow generation. While there are some concerns regarding production impacts from divestitures and integration risks with the Vital acquisition, these are outweighed by the company's strategic achievements and improved financial position.
Q3-2025 Updates
Positive Updates
Strong Financial and Operating Performance
Generated approximately $204 million of levered free cash flow and $487 million of adjusted EBITDA. Results exceeded expectations on all key metrics, enhancing the full-year outlook for the second consecutive quarter.
Transformative Acquisition of Vital Energy
Announced acquisition of Vital Energy, marking entry into the Permian Basin and establishing Crescent as a top 10 U.S. independent oil and gas producer. Expected to generate accretion across all key metrics and deliver cash-on-cash investment returns exceeding 2x multiple of invested capital.
Successful Noncore Divestiture Program
Over $700 million of noncore divestitures signed this quarter, bringing year-to-date divestiture total to more than $800 million. Streamlined portfolio while achieving 5.5x EBITDA sale value, representing a significant premium to year-end proved PV-10.
Increased Borrowing Base
Increased borrowing base by 50% to $3.9 billion, extended tenor to 5 years and improved pricing grid, capturing approximately $12 million in synergy value ahead of closing the Vital acquisition.
Operational Efficiency and Capital Savings
Achieved 15% savings per foot on capital in Eagle Ford and improved well productivity by over 20%. Enhanced outlook for the year with increased free cash flow and flat production from less capital.
Dividend and Debt Reduction
Announced a dividend of $0.12 per share for the quarter, equating to a 6% annualized yield, and repaid more than $150 million of debt during the quarter.
Negative Updates
Impact of Divestitures on Production
Divestitures expected to reduce fourth-quarter production by approximately 16,000 barrels of oil equivalent per day, impacting overall output.
Cash Tax Payment Due to Divestitures
Expected to pay approximately $30 million to $40 million in cash taxes related to the divestitures closing in the fourth quarter.
Integration Risks with Vital Acquisition
While the acquisition is seen as positive, integrating Vital's assets and operations poses potential execution risks that need careful management.
Company Guidance
During Crescent Energy's Q3 2025 Conference Call, the company reported robust financial and operational performance exceeding expectations across key metrics. Highlights included generating approximately $204 million of levered free cash flow and achieving 253,000 barrels of oil equivalent per day in production, including 103,000 barrels of oil per day. The company announced a transformative acquisition of Vital Energy, positioning Crescent as a top 10 U.S. independent oil and gas producer and expected to deliver attractive cash-on-cash investment returns exceeding a 2x multiple of invested capital. Crescent also completed over $700 million in noncore divestitures this quarter, bringing the year-to-date total to over $800 million, which will be used to reduce debt significantly. The company maintained a consistent capital allocation approach, announcing a $0.12 per share dividend and repaying over $150 million in debt. With a bolstered borrowing base of $3.9 billion and extended credit facility terms, Crescent is well-positioned for sustained growth and operational excellence in the Eagle Ford, Permian, and Uinta regions.

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
65
Positive
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
70
Positive
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
75
Positive
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.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue3.59B2.93B2.38B3.06B1.48B754.22M
Gross Profit2.44B2.40B1.30B2.62B1.23B552.04M
EBITDA1.47B996.99M1.17B1.15B-69.01M194.30M
Net Income22.76M-114.61M67.61M96.67M-19.38M0.00
Balance Sheet
Total Assets9.69B9.16B6.80B6.02B5.16B3.91B
Cash, Cash Equivalents and Short-Term Investments3.53M132.82M2.97M0.00128.58M36.86M
Total Debt3.23B3.13B1.76B1.32B1.09B774.79M
Total Liabilities5.22B4.79B3.17B2.72B2.14B1.01B
Stockholders Equity4.47B3.13B1.70B848.11M682.21M2.72B
Cash Flow
Free Cash Flow-271.13M-21.20M-494.83M-206.96M-37.54M284.86M
Operating Cash Flow1.69B1.22B935.77M1.01B233.15M411.03M
Investing Cash Flow-1.88B-1.20B-1.40B-1.12B-244.59M-124.94M
Financing Cash Flow34.76M207.39M456.46M-7.84M105.14M-272.09M

Crescent Energy Company Class A Technical Analysis

Technical Analysis Sentiment
Positive
Last Price8.48
Price Trends
50DMA
8.69
Positive
100DMA
8.86
Positive
200DMA
9.64
Negative
Market Momentum
MACD
-0.08
Negative
RSI
56.39
Neutral
STOCH
59.83
Neutral
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 8.48 is above the 20-day moving average (MA) of 8.31, below the 50-day MA of 8.69, and below the 200-day MA of 9.64, indicating a neutral trend. The MACD of -0.08 indicates Negative momentum. The RSI at 56.39 is Neutral, neither overbought nor oversold. The STOCH value of 59.83 is Neutral, 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

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
$1.42B6.2016.84%19.55%11.56%
71
Outperform
$1.67B-13.71%-0.02%-473.61%
70
Outperform
$2.83B11.6223.90%10.14%-0.75%-29.40%
68
Neutral
$2.00B3.387.95%8.64%1.51%-78.38%
67
Neutral
$2.08B-1.36%13.20%55.44%
65
Neutral
$15.17B7.614.09%5.20%3.87%-62.32%
64
Neutral
$2.06B0.64%5.66%32.31%-122.30%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CRGY
Crescent Energy Company Class A
8.86
-4.54
-33.88%
NOG
Northern Oil And Gas
21.61
-17.16
-44.26%
BSM
Black Stone Minerals
13.31
-0.24
-1.77%
TALO
Talos Energy
10.38
-1.39
-11.81%
MNR
Mach Natural Resources LP
11.61
-2.46
-17.48%
BKV
BKV Corporation
25.39
4.76
23.07%

Crescent Energy Company Class A Corporate Events

Crescent Energy Faces Operational Constraints Amid Vital Energy Merger Talks
Nov 5, 2025

The pending merger agreement with Vital Energy imposes significant restrictions on Crescent Energy Company Class A, limiting its ability to engage in certain business activities outside the ordinary course until the merger is finalized or terminated. These constraints, while intended to maintain business stability, could hinder Crescent’s capacity to capitalize on emerging opportunities that fall outside the scope of routine operations. Such limitations may affect Crescent’s agility in responding to market changes and pursuing strategic initiatives that could enhance its competitive position. Consequently, stakeholders should be aware of the potential impact these restrictions might have on Crescent’s business growth and adaptability during this interim period.

Crescent Energy’s Strong Q3 2025 Performance and Strategic Moves
Nov 5, 2025

Crescent Energy Company is a U.S.-based energy firm focused on oil and gas production, known for its strategic acquisitions and a balanced portfolio that combines stable cash flows with high-quality development opportunities in Texas and the Rocky Mountain region.

Crescent Energy’s Earnings Call Highlights Strategic Gains
Nov 5, 2025

Crescent Energy’s recent earnings call conveyed a predominantly positive sentiment, reflecting the company’s significant financial and operational achievements. The call highlighted Crescent’s transformative acquisition, successful divestitures, and robust cash flow generation. Despite some concerns about production impacts from divestitures and integration risks with the Vital acquisition, these were overshadowed by the company’s strategic successes and improved financial standing.

Business Operations and StrategyFinancial DisclosuresM&A Transactions
Crescent Energy Acquires Vital Energy for $3.1 Billion
Positive
Nov 3, 2025

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.

Business Operations and StrategyPrivate Placements and Financing
Crescent Energy Amends Credit Agreement for Growth
Positive
Oct 24, 2025

On October 22, 2025, Crescent Energy Finance LLC, a subsidiary of Crescent Energy Company, announced a significant amendment to its existing Credit Agreement. The amendment includes an automatic increase in the borrowing base to $3.9 billion, an extension of the maturity date for revolving loans to October 22, 2030, a reduction in the applicable margin, and an increase in the aggregate maximum credit amount to $6.0 billion. These changes are contingent upon the completion of a proposed business combination with Vital Energy, Inc., and are expected to enhance Crescent’s financial flexibility and support its strategic growth initiatives.

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.

Business Operations and StrategyM&A Transactions
Crescent Energy Expands with Recent SilverBow Acquisition
Positive
Sep 16, 2025

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.

M&A Transactions
Crescent Energy Announces Merger with Vital Energy
Neutral
Aug 25, 2025

On August 24, 2025, Crescent Energy Company announced a merger agreement with Vital Energy, Inc., involving an all-equity transaction. The merger will result in Crescent’s shareholders owning approximately 77% of the combined entity, while Vital’s shareholders will own about 23%. The merger aims to enhance Crescent’s market position and operational capabilities, with the board of directors expanding to include two directors from Vital. The completion of the merger is subject to customary conditions, including shareholder approvals and regulatory clearances.

The most recent analyst rating on (CRGY) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Crescent Energy Company Class A stock, see the CRGY Stock Forecast page.

Business Operations and StrategyM&A Transactions
Crescent Energy Announces Merger with Vital Energy
Positive
Aug 25, 2025

On August 25, 2025, Crescent Energy Company announced an all-equity merger agreement to acquire Vital Energy, Inc., valued at approximately $3.1 billion, including Vital’s net debt. This merger is set to establish Crescent as a top 10 independent energy company with a strategy focused on free cash flow and returns. The transaction, which offers significant value and accretion across key financial metrics, is expected to close by the end of 2025, subject to customary approvals. The merger will result in Crescent shareholders owning 77% of the combined company, while Vital shareholders will hold 23%. The combined entity will benefit from enhanced capital allocation flexibility and operational efficiencies, with a focus on long-term growth and value creation.

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 Faces Uncertainty Amid New U.S. Trade Tariffs Impacting Costs and Demand
Aug 6, 2025

Crescent Energy Company Class A faces significant business risks due to recent U.S. trade policies, including a baseline tariff of 10% on imports and additional tariffs on countries with large trade deficits. These measures could lead to increased material input costs, which the company may struggle to offset or pass on to customers, potentially impacting their financial position and cash flows. Further tariffs or retaliatory actions could exacerbate supply chain costs or diminish demand for oil and natural gas, risking asset write-downs. The overall effect on Crescent Energy’s operations remains uncertain, contingent on the implementation and scope of these trade measures and the company’s mitigation strategies.

Crescent Energy’s Strong Q2 2025 Performance and Outlook
Aug 6, 2025

Crescent Energy Company is a U.S.-based energy firm focused on delivering shareholder value through disciplined growth via acquisitions and consistent capital returns, primarily operating in Texas and the Rocky Mountain region.

Crescent Energy Shines in Earnings Call with Record Production
Aug 6, 2025

Crescent Energy’s recent earnings call painted a picture of robust performance and strategic financial maneuvers, despite some challenges posed by market volatility. The company reported record production levels and substantial free cash flow, alongside successful debt repayment and stock buybacks. While there are concerns about potential cost inflation and its impact on future operations, the overall sentiment remains positive, driven by the company’s achievements in the quarter.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 05, 2025