Crescent Energy (CRGY)

• Market cap: $2.02B
• 1 day: -2.15%
• 5 days: -4.38%
• 1 month: -27.75%
• 3 months: -28.15%
• 6 months: -1.41%
• Year to date: -29.50%
• 1 year: -4.64%
• 5 years: -37.63%
• 10 years: -37.63%
• Sector: Energy
• Industry: Crude Petroleum & Natural Gas

About: Crescent Energy Co is an independent energy company with a portfolio of assets in key basins across the lower 48 states. The company maintains a diverse portfolio of assets in key basins across the United States, including the Eagle Ford, Rockies, Barnett, Permian, and Mid-Con. It seeks to deliver attractive risk-adjusted investment returns and predictable cash flows across cycles with a focus on operated oil and gas assets complemented by non-operated assets, mineral and royalty interests, and midstream infrastructure.

Employees: 987

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

133% more funds holding in top 10

Funds holding in top 10: 3 [Q3] → 7 (+4) [Q4]

124% more repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 49

118% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 34

102% more call options, than puts

Call options by funds: $9.34M | Put options by funds: $4.61M

81% more capital invested

Capital invested by funds: $1.45B [Q3] → $2.62B (+$1.18B) [Q4]

16% more funds holding

Funds holding: 235 [Q3] → 273 (+38) [Q4]

14.76% more ownership

Funds ownership: 81.22% [Q3] → 95.99% (+14.76%) [Q4]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $12 14% upside
• Avg. target: $18 72% upside
• High target: $23 119% upside

5 analyst ratings

• positive: 3 60%
• neutral: 2 40%
• negative: 0 0%

JP Morgan Arun Jayaram 28% 1-year accuracy 12 / 43 met price target	14% upside $12	Neutral Maintained	13 Mar 2025
Stephens & Co. Mike Scialla 26% 1-year accuracy 11 / 43 met price target	62% upside $17	Overweight Reiterated	3 Mar 2025
Raymond James John Freeman 20% 1-year accuracy 6 / 30 met price target	119% upside $23	Strong Buy Maintained	23 Jan 2025
Mizuho William Janela 24% 1-year accuracy 6 / 25 met price target	62% upside $17	Neutral Maintained	14 Jan 2025
Truist Securities Neal Dingmann 18% 1-year accuracy 27 / 148 met price target	100% upside $21	Buy Maintained	13 Jan 2025