Crescent Energy (CRGY)

• Market cap: $1.61B
• 1 day: 3.08%
• 5 days: 10.55%
• 1 month: -24.09%
• 3 months: -49.58%
• 6 months: -33.70%
• Year to date: -43.68%
• 1 year: -24.16%
• 5 years: -50.18%
• 10 years: -50.18%
• Sector: Energy
• Industry: Oil & Gas Integrated

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 disclosures by fund managers ($100M+ AUM)

133% more funds holding in top 10

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

122% more repeat investments, than reductions

Existing positions increased: 109 | 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]

14.8% more ownership

Funds ownership: 81.18% [Q3] → 95.98% (+14.8%) [Q4]

Research analyst outlook

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

• Low target: $12 43% upside
• Avg. target: $16.75 100% upside
• High target: $20 139% upside

4 analyst ratings

• positive: 3 75%
• neutral: 1 25%
• negative: 0 0%

Raymond James John Freeman 3% 1-year accuracy 1 / 32 met price target	115% upside $18	Strong Buy Reiterated	28 Mar 2025
Wells Fargo Roger Read 22% 1-year accuracy 25 / 114 met price target	139% upside $20	Overweight Maintained	24 Mar 2025
JP Morgan Arun Jayaram 28% 1-year accuracy 11 / 39 met price target	43% upside $12	Neutral Maintained	13 Mar 2025
Stephens & Co. Mike Scialla 25% 1-year accuracy 13 / 52 met price target	103% upside $17	Overweight Reiterated	3 Mar 2025