
Crescent Energy (CRGY) Stock Forecast & Price Target
Crescent Energy (CRGY) Analyst Ratings
Bulls say
Crescent Energy Co has demonstrated substantial operational growth, with oil production rising by 14% quarter-over-quarter and 38% year-over-year, contributing to a strong performance with 255 MBoepd reported in 4Q24, aligning with market expectations. The company is strategically enhancing its portfolio through bolt-on acquisitions while simultaneously rewarding shareholders with a fixed quarterly dividend and an opportunistic buyback program, reflecting its commitment to generating predictable cash flows and attractive returns. Additionally, Crescent Energy's successful integration and synergy realization from the SBOW acquisition, which has seen its target for annual synergies adjusted upward, underscores the company's operational efficiency and potential for future growth.
Bears say
Crescent Energy's stock faces a negative outlook primarily due to the vulnerability of its cash flow and EBITDA estimates to significant declines in oil and natural gas prices, despite nearly 45% of its 2024 oil production being hedged. Additionally, the company is grappling with challenges such as limited investor interest, risks associated with acquisition integrations, and the potential for constraints in transportation capacity, which could adversely impact production levels. Furthermore, increased depreciation, depletion, and amortization (DD&A) estimates for 2025 and the possibility of rising taxes on oil and gas operations could further diminish cash flow projections.
This aggregate rating is based on analysts' research of Crescent Energy and is not a guaranteed prediction by Public.com or investment advice.
Crescent Energy (CRGY) Analyst Forecast & Price Prediction
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