CRGY Stock Summary and Trading Ideas (Crescent Energy Company Class A | NYSE:CRGY)

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.

Crescent Energy Company Class A trades on the NYSE stock market under the symbol CRGY.

As of January 17, 2025, CRGY stock price declined to $16.62 with 1,770,717 million shares trading.

CRGY has a market cap of $3.11 billion. This is considered a Mid Cap stock.

Last quarter Crescent Energy Company Class A reported $745 million in Revenue and $.56 earnings per share. This fell short of revenue expectation by $-39 million and exceeded earnings estimates by $.27.

In the last 3 years, CRGY traded as high as $19.65 and as low as $9.17.

The top ETF exchange traded funds that CRGY belongs to (by Net Assets): IJR, CALF, VTI, IWM, VB.

CRGY has outperformed the market in the last year with a price return of +57.9% while the SPY ETF gained +28.0%. CRGY has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +32.4% and +10.4%, respectively, while the SPY returned +3.0% and +1.0%, respectively.

CRGY support price is $16.35 and resistance is $17.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CRGY shares will trade within this expected range on the day.