Crescent Energy Company (CRGY) AI Stock Analysis

Crescent Energy Company specializes in the exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGLs). Founded in 2020 and headquartered in Houston, Texas, the company focuses on proven basins across the United States, including the Eagle Ford, Rockies, Barnett, Permian, and Mid-Con regions. As of December 31, 2021, its asset base included 1,528 gross undrilled locations, of which 567 were gross operated drilling locations. The company emphasizes operational efficiency, advanced extraction technologies, and safety and environmental standards across its portfolio of producing oil and natural gas properties.

Between FY2020 and FY2025, revenue grew at a 5-year compound annual rate of 36.5%. Annual revenue expanded from $1.48B in FY2021 to $3.06B in FY2022, declined 22.1% to $2.38B in FY2023, and rebounded to $2.93B in FY2024 and $3.58B in FY2025. Net income was -$19.4M in FY2021, rose to $96.7M in FY2022 and $67.6M in FY2023, turned to -$114.6M in FY2024, and reached $132.9M in FY2025. Gross margin decreased from 83.5% in FY2021 to 22.6% in FY2025, while operating margin was 13.2%. For the latest quarter ended June 30, 2026, revenue increased 55.3% year-over-year, and earnings grew 117.2%.

As of June 30, 2026, Crescent Energy held $264.9M in cash and short-term investments alongside $5.28B in total debt, resulting in net debt of $5.01B. Total assets stood at $12.01B against shareholders' equity of $5.16B. The company recorded a current ratio of 0.94 and a debt-to-equity ratio of 1.02. In FY2025, operating cash flow generated $1.68B, while capital expenditures totaled $1.77B, leading to free cash flow of -$89.8M. Cash outlays included $115.1M in dividends paid and $38.6M in share buybacks.

Crescent Energy holds a market capitalization of $5.42B and an enterprise value of $9.37B. The stock trades at a trailing P/E of 125.2x, above the 15.0x median of its US-listed Energy peers, but its forward P/E of 6.3x is below the peer median of 12.7x. Its price-to-sales multiple of 1.3x and EV-to-EBITDA of 5.2x compare to peer medians of 1.8x and 8.0x, respectively. The stock's price-to-book ratio is 0.8x. Over the past year, CRGY returned 70.8%, outperforming the S&P 500 (SPY) return of 16.8%.

Crescent Energy pays a forward annual dividend of $0.48 per share, representing a dividend yield of 3.49% with a payout ratio of 29.8%. Dividends are distributed quarterly and have been paid for 5 consecutive years. The most recent ex-dividend date was August 17, 2026.

Wall Street coverage includes 11 Strong Buy, 2 Buy, 2 Hold, 0 Sell, and 1 Strong Sell ratings. The mean price target of $18.06 represents a 31.1% upside compared to the last close of $13.77 on October 16, 2026. For the current fiscal year ending December 31, 2026, analysts estimate revenue of $5.02B and EPS of $2.49. Crescent Energy beat EPS expectations in 3 of the last 4 quarters, with the next earnings release scheduled for November 2, 2026.

This page is an AI-written research summary of Crescent Energy Company (CRGY). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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