Evercore ISI Group has reiterated its Outperform rating on Crescent Energy Co (CRGY), reflecting confidence in the company's strategic direction. This marks the initiation of coverage by Evercore, indicating a positive outlook for Crescent Energy as it navigates the energy sector.
Crescent Energy, headquartered in Houston, Texas, is focused on disciplined, returns-driven growth through acquisition strategies and consistent capital returns. The company operates primarily in Texas and the Rockies, with significant activity in the Eagle Ford and Uinta basins. Crescent Energy's operations include both oil and condensate production, and it has a robust portfolio of low-risk undeveloped locations that promise substantial resource potential.
As of December 15, 2025, Crescent Energy's stock is priced at $8.44, with a market capitalization of $2.3 billion. The company has a P/E ratio of 96.55 and a notably high dividend yield of 538.1%. Upcoming earnings reports are anticipated on May 4, 2026, and August 3, 2026, with estimated earnings per share of $0.40 and $0.32, respectively.
Analyst ratings like this one serve as professional insights based on extensive research and financial models. While they can provide valuable perspectives, it's essential for investors to consider a range of factors—including company fundamentals and industry trends—before making decisions. Ratings can evolve as new information arises, and diverse analyst opinions may exist regarding the same stock.
This update provides insight into Crescent Energy’s current standing and the confidence analysts have in its future performance.