Crescent Energy (NYSE:CRGY) Upgraded at Wall Street Zen

Posted by Brian Himes on Aug 11th, 2026

Wall Street Zen upgraded shares of Crescent Energy (NYSE:CRGY – Free Report) from a hold rating to a buy rating in a research report report published on Saturday morning.

CRGY has been the topic of a number of other research reports. Stephens increased their price target on Crescent Energy from $17.00 to $18.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. UBS Group upped their price objective on Crescent Energy from $13.00 to $14.00 and gave the company a “buy” rating in a report on Thursday. Weiss Ratings reissued a “sell (d)” rating on shares of Crescent Energy in a research note on Monday, August 3rd. Raymond James Financial restated a “strong-buy” rating and set a $19.00 target price on shares of Crescent Energy in a report on Monday, August 3rd. Finally, Morgan Stanley lowered Crescent Energy to an “underweight” rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $15.83.

Read Our Latest Stock Analysis on Crescent Energy

Crescent Energy Trading Up 5.4%

CRGY opened at $12.19 on Friday. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.94 and a quick ratio of 0.94. The company has a market cap of $4.03 billion, a price-to-earnings ratio of -243.75 and a beta of 1.41. The firm has a 50 day simple moving average of $10.72 and a 200 day simple moving average of $11.43. Crescent Energy has a fifty-two week low of $7.68 and a fifty-two week high of $14.29.

Crescent Energy (NYSE:CRGY – Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.10. Crescent Energy had a net margin of 1.27% and a return on equity of 10.52%. The business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.26 billion. The firm’s quarterly revenue was up 55.3% compared to the same quarter last year. On average, sell-side analysts anticipate that Crescent Energy will post 2.07 earnings per share for the current year.

Crescent Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.48 dividend on an annualized basis and a yield of 3.9%. Crescent Energy’s payout ratio is presently -960.00%.

Institutional Investors Weigh In On Crescent Energy

Several large investors have recently made changes to their positions in the stock. Strs Ohio bought a new stake in Crescent Energy in the 1st quarter valued at $32,000. Fifth Third Bancorp increased its holdings in Crescent Energy by 109.3% during the 4th quarter. Fifth Third Bancorp now owns 3,905 shares of the company’s stock worth $33,000 after purchasing an additional 2,039 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in Crescent Energy by 134.5% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 3,986 shares of the company’s stock worth $33,000 after purchasing an additional 2,286 shares in the last quarter. Quarry LP raised its stake in shares of Crescent Energy by 303.5% in the 3rd quarter. Quarry LP now owns 4,152 shares of the company’s stock valued at $37,000 after purchasing an additional 3,123 shares during the period. Finally, Allworth Financial LP raised its stake in shares of Crescent Energy by 42.3% in the 4th quarter. Allworth Financial LP now owns 4,712 shares of the company’s stock valued at $40,000 after purchasing an additional 1,401 shares during the period. Institutional investors own 52.11% of the company’s stock.

About Crescent Energy

(Get Free Report)

Crescent Energy Co (NYSE: CRGY) is an independent exploration and production company focused on the acquisition, development and production of oil and natural gas resources in North America. Headquartered in Oklahoma City, the company’s core business activities include the identification and appraisal of prospective acreage, the design and execution of drilling and completion programs, and the ongoing operation and optimization of producing wells. Crescent Energy’s integrated approach emphasizes capital efficiency, reservoir quality and operational reliability to support sustainable cash flow generation over the commodity cycle.

Crescent Energy’s operations are concentrated in the Permian Basin, with a particular focus on the Delaware Basin’s stacked pay intervals.