In the latest trading session, Crescent Energy (CRGY - Free Report) closed at $11.27, marking a -1.05% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.05%. Elsewhere, the Dow saw an upswing of 0.46%, while the tech-heavy Nasdaq depreciated by 0.64%.
Shares of the oil and gas company have appreciated by 12.77% over the course of the past month, outperforming the Oils-Energy sector's gain of 6.52%, and the S&P 500's gain of 0.61%.
Market participants will be closely following the financial results of Crescent Energy in its upcoming release. The company plans to announce its earnings on August 3, 2026. It is anticipated that the company will report an EPS of $0.57, marking a 32.56% rise compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $1.23 billion, up 37.22% from the prior-year quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.26 per share and a revenue of $4.81 billion, indicating changes of +25.56% and +34.28%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Crescent Energy. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been a 10.47% fall in the Zacks Consensus EPS estimate. Crescent Energy is currently a Zacks Rank #4 (Sell).
In the context of valuation, Crescent Energy is at present trading with a Forward P/E ratio of 5.05. This denotes a discount relative to the industry average Forward P/E of 18.13.
The Alternative Energy - Other industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 154, finds itself in the bottom 38% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
Fifth Third Bancorp lifted its position in Crescent Energy Company (NYSE:CRGY – Free Report) by 2,861.0% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 115,629 shares of the company’s stock after purchasing an additional 111,724 shares during the period. Fifth Third Bancorp’s holdings in Crescent Energy were worth $1,561,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in CRGY. Strs Ohio purchased a new stake in shares of Crescent Energy during the first quarter worth about $32,000. 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 valued at $33,000 after purchasing an additional 2,286 shares during the period. Quarry LP increased its holdings in Crescent Energy by 303.5% during 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. Allworth Financial LP raised its position in Crescent Energy by 42.3% during 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 last quarter. Finally, Osaic Holdings Inc. raised its position in Crescent Energy by 25.2% during the 2nd quarter. Osaic Holdings Inc. now owns 5,301 shares of the company’s stock valued at $46,000 after purchasing an additional 1,066 shares during the last quarter. 52.11% of the stock is owned by hedge funds and other institutional investors.
Crescent Energy Price Performance Shares of CRGY opened at $11.39 on Friday. The stock has a market cap of $3.76 billion, a PE ratio of -15.19 and a beta of 1.40. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.57 and a current ratio of 0.57. Crescent Energy Company has a fifty-two week low of $7.68 and a fifty-two week high of $14.29. The firm’s 50-day simple moving average is $11.09 and its two-hundred day simple moving average is $11.18.
Crescent Energy (NYSE:CRGY – Get Free Report) last released its earnings results on Monday, May 4th. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.14. The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.15 billion. Crescent Energy had a negative net margin of 7.47% and a positive return on equity of 8.10%. The business’s revenue was up 24.5% on a year-over-year basis. During the same period last year, the business earned $0.57 earnings per share. Analysts anticipate that Crescent Energy Company will post 1.77 earnings per share for the current fiscal year.
Crescent Energy Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 18th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Monday, May 18th. Crescent Energy’s payout ratio is -64.00%.
Analysts Set New Price Targets A number of brokerages have recently weighed in on CRGY. KeyCorp reiterated an “overweight” rating and issued a $19.00 price objective on shares of Crescent Energy in a research report on Thursday, June 11th. Weiss Ratings downgraded Crescent Energy from a “hold (c)” rating to a “sell (d)” rating in a report on Wednesday, May 6th. Zacks Research lowered Crescent Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. UBS Group assumed coverage on shares of Crescent Energy in a report on Tuesday, July 14th. They issued a “buy” rating and a $13.00 price target on the stock. Finally, Mizuho boosted their price objective on shares of Crescent Energy from $14.00 to $15.00 and gave the company a “neutral” rating in a research report on Wednesday, May 27th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Crescent Energy presently has an average rating of “Moderate Buy” and an average price target of $15.58.
View Our Latest Research Report on Crescent Energy
Crescent Energy Company Profile (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.
Featured Articles Five stocks we like better than Crescent Energy Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market
Receive News & Ratings for Crescent Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crescent Energy and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEBank of Nova Scotia Buys 23,587 Shares of Franco-Nevada Corporation $FNV
NEXT HEADLINE »Bank of New York Mellon Corp Has $51.48 Million Stock Holdings in iShares MSCI ACWI ETF $ACWI
Crescent Energy (NYSE:CRGY – Get Free Report) and Montauk Renewables (NASDAQ:MNTK – Get Free Report) are both energy companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, dividends, earnings, risk, analyst recommendations, valuation and institutional ownership.
Valuation & Earnings This table compares Crescent Energy and Montauk Renewables”s gross revenue, earnings per share and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Crescent Energy $3.58 billion 1.02 $132.91 million ($0.75) -14.69 Montauk Renewables $176.38 million 1.36 $1.75 million $0.02 84.00 Crescent Energy has higher revenue and earnings than Montauk Renewables. Crescent Energy is trading at a lower price-to-earnings ratio than Montauk Renewables, indicating that it is currently the more affordable of the two stocks.
Institutional and Insider Ownership 52.1% of Crescent Energy shares are owned by institutional investors. Comparatively, 16.4% of Montauk Renewables shares are owned by institutional investors. 13.2% of Crescent Energy shares are owned by company insiders. Comparatively, 54.3% of Montauk Renewables shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Profitability This table compares Crescent Energy and Montauk Renewables’ net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Crescent Energy -7.47% 8.10% 3.47% Montauk Renewables 0.40% 0.28% 0.17% Risk & Volatility Crescent Energy has a beta of 1.4, suggesting that its stock price is 40% more volatile than the S&P 500. Comparatively, Montauk Renewables has a beta of 0.57, suggesting that its stock price is 43% less volatile than the S&P 500.
Analyst Ratings This is a summary of current recommendations and price targets for Crescent Energy and Montauk Renewables, as provided by MarketBeat.com.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Crescent Energy 1 4 8 2 2.73 Montauk Renewables 1 4 0 0 1.80 Crescent Energy currently has a consensus price target of $15.58, indicating a potential upside of 41.47%. Montauk Renewables has a consensus price target of $1.80, indicating a potential upside of 7.14%. Given Crescent Energy’s stronger consensus rating and higher probable upside, analysts plainly believe Crescent Energy is more favorable than Montauk Renewables.
Summary Crescent Energy beats Montauk Renewables on 10 of the 15 factors compared between the two stocks.
About Crescent Energy (Get Free Report)
Crescent Energy Company acquires, develops, and produces crude oil, natural gas, and natural gas liquids (NGLs) reserves. Its portfolio of assets comprises mid-cycle unconventional and conventional assets in the Eagle Ford and Uinta Basins. It also owns and operates various midstream assets, which provide services to customers. The company is based in Houston, Texas.
About Montauk Renewables (Get Free Report)
Montauk Renewables, Inc., a renewable energy company, engages in recovery and processing of biogas from landfills and other non-fossil fuel sources. It operates in two segments, Renewable Natural Gas and Renewable Electricity Generation. The company develops, owns, and operates renewable natural gas (RNG) projects that captures methane and prevents it from being released into the atmosphere by converting it into either RNG or electrical power for the electrical grid. Its customers for RNG and renewable identification numbers (RIN) include large, long-term owner-operators of landfills and livestock farms, local utilities, and large refiners in the natural gas and refining sectors. Montauk Renewables, Inc. was founded in 1980 and is headquartered in Pittsburgh, Pennsylvania.
Receive News & Ratings for Crescent Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crescent Energy and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINELyell Immunopharma, Inc. (NASDAQ:LYEL) Receives $43.00 Consensus Price Target from Analysts
NEXT HEADLINE »United Utilities Group PLC (LON:UU) Receives GBX 1,431.43 Consensus Target Price from Brokerages
Crescent Energy (CRGY - Free Report) closed the most recent trading day at $10.17, moving +1.6% from the previous trading session. This change outpaced the S&P 500's 0.38% gain on the day. On the other hand, the Dow registered a gain of 0.29%, and the technology-centric Nasdaq increased by 0.62%.
Shares of the oil and gas company witnessed a loss of 7.49% over the previous month, trailing the performance of the Oils-Energy sector with its loss of 1.03%, and the S&P 500's gain of 1.61%.
Analysts and investors alike will be keeping a close eye on the performance of Crescent Energy in its upcoming earnings disclosure. The company's earnings report is set to go public on August 3, 2026. The company's earnings per share (EPS) are projected to be $0.57, reflecting a 32.56% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.23 billion, up 37.22% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.26 per share and revenue of $4.81 billion, which would represent changes of +25.56% and +34.28%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Crescent Energy. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 10.8% fall in the Zacks Consensus EPS estimate. Crescent Energy is currently sporting a Zacks Rank of #4 (Sell).
In the context of valuation, Crescent Energy is at present trading with a Forward P/E ratio of 4.43. This denotes a discount relative to the industry average Forward P/E of 18.01.
The Alternative Energy - Other industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 81, this industry ranks in the top 33% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Key Takeaways Crescent Energy targets nearly $1B in 2026 levered free cash flow with a projected FCF yield above 25%.CRGY exceeded its Vital Energy synergy target, boosting efficiency and supporting debt reduction and returns.CRGY maintains about $2B in liquidity and a long-term leverage target of about 1x for financial flexibility. Crescent Energy Company (CRGY - Free Report) has built its strategy around generating sustainable free cash flow (FCF) rather than pursuing production growth at any cost. This disciplined approach is helping the company strengthen its financial position while creating opportunities for long-term expansion.
CRGY's latest performance highlights the effectiveness of this model. In the first quarter of 2026, the company generated $690 million in adjusted EBITDAX and $192 million in levered free cash flow despite reporting a net loss driven by non-cash derivative mark-to-market adjustments. Management expects to generate nearly $1 billion in levered FCF in 2026, supported by a projected FCF yield of more than 25%.
Image Source: Crescent Energy Company
Operational execution has further strengthened the business. Crescent Energy has already captured approximately $120 million in synergies from the Vital Energy acquisition, exceeding its original target through improved drilling efficiency, infrastructure optimization and lower development costs. These efficiencies allow the company to reinvest selectively while directing excess cash toward debt reduction, dividends, share repurchases and value-accretive acquisitions. With roughly $2 billion of liquidity, no near-term debt maturities and a long-term leverage target of about 1x, Crescent Energy remains financially flexible.
Although cash flow remains exposed to oil and natural gas price volatility, Crescent Energy's focus on capital discipline, operational efficiency and strong cash generation provides a solid foundation for future growth. If management continues to execute effectively and commodity markets remain supportive, the company's cash flow-centric business model should remain a key driver of long-term shareholder value.
How Does Crescent Energy Compare With Peers?Several U.S. exploration and production companies have recently been following a cash flow and capital discipline-centric theme, translating it into concrete financial targets and operational decisions.
EOG Resources, Inc. (EOG - Free Report) continues to demonstrate strong cash flow generation through disciplined capital allocation and low-cost operations. In the first quarter of 2026, EOG generated $1.5 billion in free cash flow and expects a record FCF of $8.5 billion for full-year 2026 while maintaining its $6.5 billion capital budget. The company is also committed to returning at least 70% of annual FCF to its shareholders through dividends and share repurchases. With a low breakeven below $50 WTI, a pristine balance sheet and a flexible multi-basin portfolio, EOG Resources remains well positioned to sustain strong free cash flow generation across commodity cycles.
SM Energy Company (SM - Free Report) demonstrated resilient cash flow generation in the first quarter despite its expenses related to the Civitas merger. The company reported adjusted FCF of $20 million, even after absorbing nearly $180 million in one-time integration and transaction costs. SM expects FCF to accelerate significantly through the remainder of 2026, supported by higher production, disciplined capital spending and growing merger synergies. Rising free cash flow is expected to support faster debt reduction, increased share repurchases and enhanced shareholder returns, positioning SM Energy for stronger financial performance in the second half of the year.
The Zacks Rundown on Crescent EnergyShares of Crescent Energy have gained nearly 8.1% in a year compared with the Oil/Energy sector’s growth of 24.1%.
Image Source: Zacks Investment Research
From a valuation perspective — in terms of the forward 12-month Price/Sales (P/S F12M) ratio — Crescent Energy is trading at a discount compared with the industry average, making it attractive for investors as more upside is still left in the stock.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate implies about 25.6% year-over-year growth in Crescent Energy’s 2026 earnings per share. In other words, investors are paying up for CRGY at a point when the fundamentals of the company are expected to accelerate.
Image Source: Zacks Investment Research
CRGY stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of CRGY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
I may buy more CRGY without further notice. Disclaimer: I am not an investment advisor, and this is not a recommendation to buy or sell a security. Investors are recommended to read all of the company's filings and press releases, as well as do their own research to determine if the company fits their own investment objectives and risk portfolios. I may buy more shares without any further notice.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Shares of Crescent Energy Company CRGY gained 18.1% in the past six months compared with the Zacks Oil and Gas - Exploration and Production - United States industry's growth of 19.2% and the Zacks Oil-Energy sector's rise of 17.6%.
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) today announced plans to host a conference call and webcast at 10 a.m. CT, on Tuesday, August 4, 2026, to discuss its second quarter 2026 financial and operating results. The Company plans to release results after market close on Monday, August 3, 2026. The earnings release, supplemental slides and live webcast will be available through the Investors section of the Company’s website at www.crescentenergyco.com.
A webcast replay will be available on the website following the call.
About Crescent Energy
Crescent is a differentiated energy company committed to delivering value through a disciplined, returns-driven growth through acquisition strategy and consistent return of capital. Our long-life, balanced portfolio combines significant cash flow from stable production with deep, high-quality development inventory. Our activities are focused in the Eagle Ford, Permian and Uinta Basins, and we own minerals and royalty interests across premier U.S. oil and natural gas basins, primarily operated by large, well-capitalized companies, with a core focus in the Eagle Ford. For additional information, please visit www.crescentenergyco.com.
Crescent Energy (CRGY) is rated a Strong Buy, with valuation deeply disconnected from its robust free cash flow and strong synergies. CRGY's Vital Energy deal delivered $120M in synergies ahead of schedule, supporting expectations of $1B in 2026 levered FCF and rapid deleveraging. Despite a $419.85M Q1 reported loss from non-cash derivative marks, CRGY's operational execution remains strong, with a 5.11% dividend yield and buyback potential covered very well by the strong FCF.
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Crescent Energy (CRGY - Free Report) , which belongs to the Zacks Alternative Energy - Other industry, could be a great candidate to consider.
When looking at the last two reports, this oil and gas company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 55.45%, on average, in the last two quarters.
For the last reported quarter, Crescent Energy came out with earnings of $0.53 per share versus the Zacks Consensus Estimate of $0.39 per share, representing a surprise of 35.90%. For the previous quarter, the company was expected to post earnings of $0.28 per share and it actually produced earnings of $0.49 per share, delivering a surprise of 75.00%.
Price and EPS Surprise
Thanks in part to this history, there has been a favorable change in earnings estimates for Crescent Energy lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank.
Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Crescent Energy has an Earnings ESP of +3.23% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner.
Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric.
Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.
Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Wall Street watches a company's quarterly report closely to understand as much as possible about its recent performance and what to expect going forward. Of course, one figure often stands out among the rest: earnings.
We know earnings results are vital, but how a company performs compared to bottom line expectations can be even more important when it comes to stock prices, especially in the near-term. This means that investors might want to take advantage of these earnings surprises.
Hunting for 'earnings whispers' or companies poised to beat their quarterly earnings estimates is a somewhat common practice. But that doesn't make it easy. One way that has been proven to work is by using the Zacks Earnings ESP tool.
The Zacks Earnings ESP, ExplainedThe Zacks Earnings ESP, or Expected Surprise Prediction, aims to find earnings surprises by focusing on the most recent analyst revisions. The basic premise is that if an analyst reevaluates their earnings estimate ahead of an earnings release, it means they likely have new information that could possibly be more accurate.
The core of the ESP model is comparing the Most Accurate Estimate to the Zacks Consensus Estimate, where the resulting percentage difference between the two equals the Expected Surprise Prediction. The Zacks Rank is also factored into the ESP metric to better help find companies that appear poised to top their next bottom-line consensus estimate, which will hopefully help lift the stock price.
Bringing together a positive earnings ESP alongside a Zacks Rank #3 (Hold) or better has helped stocks report a positive earnings surprise 70% of the time. Furthermore, by using these parameters, investors have seen 28.3% annual returns on average, according to our 10 year backtest.
Stocks with a #3 (Hold) ranking, which is most stocks covered at 60%, are expected to perform in-line with the broader market. But stocks that fall into the #2 (Buy) and #1 (Strong Buy) ranking, or the top 15% and top 5% of stocks, respectively, should outperform the market. Strong Buy stocks should outperform more than any other rank.
Should You Consider Baker Hughes?Now that we understand what the ESP is and how beneficial it can be, let's dive into a stock that currently fits the bill. Baker Hughes (BKR - Free Report) earns a #3 (Hold) right now and its Most Accurate Estimate sits at $0.56 a share, just 24 days from its upcoming earnings release on July 26, 2026.
Baker Hughes' Earnings ESP sits at +12.38%, which, as explained above, is calculated by taking the percentage difference between the $0.56 Most Accurate Estimate and the Zacks Consensus Estimate of $0.5. BKR is also part of a large group of stocks that boast a positive ESP. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
BKR is just one of a large group of Oils and Energy stocks with a positive ESP figure. Crescent Energy (CRGY - Free Report) is another qualifying stock you may want to consider.
Crescent Energy, which is readying to report earnings on August 3, 2026, sits at a Zacks Rank #3 (Hold) right now. Its Most Accurate Estimate is currently $0.64 a share, and CRGY is 32 days out from its next earnings report.
The Zacks Consensus Estimate for Crescent Energy is $0.62, and when you take the percentage difference between that number and its Most Accurate Estimate, you get the Earnings ESP figure of +3.23%.
Because both stocks hold a positive Earnings ESP, BKR and CRGY could potentially post earnings beats in their next reports.
Find Stocks to Buy or Sell Before They're ReportedUse the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>
In the latest trading session, Crescent Energy (CRGY - Free Report) closed at $10.00, marking a -1.19% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.18%. On the other hand, the Dow registered a gain of 0.59%, and the technology-centric Nasdaq increased by 2.07%.
The oil and gas company's shares have seen a decrease of 12.46% over the last month, not keeping up with the Oils-Energy sector's loss of 7.93% and the S&P 500's loss of 2.9%.
Market participants will be closely following the financial results of Crescent Energy in its upcoming release. The company is predicted to post an EPS of $0.62, indicating a 44.19% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $1.24 billion, up 37.92% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.47 per share and revenue of $4.86 billion. These totals would mark changes of +37.22% and +35.87%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Crescent Energy. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.25% higher within the past month. As of now, Crescent Energy holds a Zacks Rank of #1 (Strong Buy).
Valuation is also important, so investors should note that Crescent Energy has a Forward P/E ratio of 4.11 right now. This signifies a discount in comparison to the average Forward P/E of 17.67 for its industry.
The Alternative Energy - Other industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 110, this industry ranks in the top 46% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
Crescent Energy (CRGY - Free Report) has been on a downward spiral lately with significant selling pressure. After declining 13.8% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.
We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements.
RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30.
Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock's price is reaching a point of reversal.
So, by this measure, if a stock has gotten too far below its fair value just because of unwarranted selling pressure, investors may start looking for entry opportunities in the stock for benefiting from the inevitable rebound.
However, like every investing tool, RSI has its limitations, and should not be used alone for making an investment decision.
Why a Trend Reversal is Due for CRGYThe RSI reading of 28.6 for CRGY is an indication that the heavy selling could be in the process of exhausting itself, so the stock could bounce back in a quest for reaching the old equilibrium of supply and demand.
The RSI value is not the only factor that indicates a potential turnaround for the stock in the near term. On the fundamental side, there has been strong agreement among the sell-side analysts covering the stock in raising earnings estimates for the current year. Over the last 30 days, the consensus EPS estimate for CRGY has increased 0.3%. And an upward trend in earnings estimate revisions usually translates into price appreciation in the near term.
Moreover, CRGY currently has a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. This is a more conclusive indication of the stock's potential turnaround in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Crescent Energy (CRGY - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question.
Crescent Energy is a member of the Oils-Energy sector. This group includes 238 individual stocks and currently holds a Zacks Sector Rank of #4. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Crescent Energy is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for CRGY's full-year earnings has moved 51.9% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, CRGY has moved about 24.4% on a year-to-date basis. Meanwhile, stocks in the Oils-Energy group have gained about 19.9% on average. This shows that Crescent Energy is outperforming its peers so far this year.
Another Oils-Energy stock, which has outperformed the sector so far this year, is Phillips 66 (PSX - Free Report) . The stock has returned 28.8% year-to-date.
The consensus estimate for Phillips 66's current year EPS has increased 57.6% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, Crescent Energy belongs to the Alternative Energy - Other industry, a group that includes 50 individual companies and currently sits at #149 in the Zacks Industry Rank. This group has gained an average of 21.4% so far this year, so CRGY is performing better in this area.
Phillips 66, however, belongs to the Oil and Gas - Refining and Marketing industry. Currently, this 17-stock industry is ranked #30. The industry has moved +32.2% so far this year.
Investors with an interest in Oils-Energy stocks should continue to track Crescent Energy and Phillips 66. These stocks will be looking to continue their solid performance.
Alternative energy remains a vital investment theme as rising power demand, grid reliability concerns, decarbonization initiatives, and global energy security needs continue to reshape the broader energy landscape.
Companies positioned across clean power generation, fuel-cell technology, natural gas transition assets, and renewable infrastructure are drawing increased attention as their earnings outlooks improve.
Keeping this scenario in mind, here are three highly ranked alternative energy stocks that are standing out with a Zacks Rank #1 (Strong Buy).
Bloom Energy – BEStock Price: $338Bloom Energy (BE - Free Report) ) has emerged as one of the biggest beneficiaries of rising demand for reliable power infrastructure tied to artificial intelligence and data center expansion. The company develops solid oxide fuel cell systems that provide on-site electricity generation, helping customers secure dependable power amid grid constraints.
Recent results have been exceptionally strong, with Bloom’s Q1 revenue surging 130% year over year to $751.05 million, driven by a 208% surge in product revenue. Management also raised full-year revenue growth guidance and increased profitability expectations following its strong quarterly performance, with it noteworthy that Q1 EPS of $0.44 crushed estimates of $0.09 per share by 388%.
Bloom’s growing exposure to AI-related power demand has been a major catalyst, expanding partnerships tied to large-scale data center projects. This includes initiatives involving Oracle (ORCL - Free Report) ) and Brookfield Asset Management (BAM - Free Report) ), which could support long-term demand for Bloom’s fuel-cell technology as power availability becomes a critical factor for AI infrastructure deployment.
Image Source: Zacks Investment Research
Crescent Energy Company – CRGYStock Price: $10Crescent Energy (CRGY - Free Report) ) offers a different angle on the energy market through its oil and natural gas-focused exploration and production business. The company has been gaining momentum thanks to operational improvements, acquisition synergies, and strong free cash flow generation.
Crescent highlighted that it generated $192 million in levered free cash flow during Q1, supported by record production. The key driver has been the successful integration of assets tied to the lucrative Permian Basin, which has helped boost production while generating meaningful cost savings.
To that point, Crescent’s production climbed 32% YoY during Q1 to 341,000 barrels of oil equivalent per day (BOE/d), while the company captured $120 million in Permian acquisition synergies, boosting its cash-generating profile.
For investors seeking value within the energy sector, Crescent's combination of strong cash generation, operational synergies, and disciplined capital allocation may continue supporting earnings estimate upgrades. Plus, at $10 a share, CRGY is trading at just 5X forward earnings.
Image Source: Zacks Investment Research
Diversified Energy Company – DECStock Price: $12Diversified Energy (DEC - Free Report) ) has built a unique business model centered on acquiring and managing mature natural gas and oil assets that generate steady cash flow. Like Crescent Energy, Diversified Energy's cash-generating ability remains a key strength. During Q1, Diversified Energy generated $91 million in adjusted free cash flow, up 157% from $35 million a year earlier.
Notably, the company's focus on low-decline production and disciplined capital management has helped create a highly cash-generative operation. Expanding through acquisitions and portfolio optimization initiatives, Diversified Energy has completed strategic transactions that have added to production and EBITDA while enhancing its operating footprint.
Furthermore, Diversified Energy has consistently returned capital through dividends and share repurchases while its hedged production base and low-decline asset portfolio help support earnings stability relative to many exploration and production peers. At $12 a share, DEC trades at a very cheap 2X forward earnings multiple with an 8% annual dividend yield.
Investors looking for a combination of income potential and cash flow strength may find Diversified Energy’s stock particularly compelling as analysts continue to raise earnings expectations.
Image Source: Zacks Investment Research
Summary & ConclusionWith positive earnings estimate revisions contributing to their Zacks Rank #1 (Strong Buy) ratings, Bloom Energy, Crescent Energy, and Diversified Energy stand out as compelling energy stocks to consider at the moment.
Bloom Energy is benefiting from growing demand for reliable power solutions tied to AI and data center expansion, Crescent Energy continues to generate strong cash flow through operational efficiencies and Permian Basin synergies, and Diversified Energy is delivering impressive free cash flow growth through its disciplined asset management strategy.
As analysts become increasingly optimistic about their earnings prospects, these three companies appear well-positioned to capitalize on favorable trends across the energy sector.
Key Takeaways CRGY's 2026 outlook gains visibility from its oil-weighted portfolio and Permian integration progress.CRGY captured about $120M of Vital Energy synergies by Q1 2026, topping its initial target.CRGY expects roughly $1B of 2026 levered free cash flow and about $2B of liquidity. Crescent Energy Company (CRGY - Free Report) is drawing attention as its oil-weighted portfolio, tighter execution and integration progress improve the visibility of its 2026 cash flow profile.
The setup is not without risk, but the company’s Permian progress, minerals exposure and capital-return flexibility give investors a clearer framework for evaluating the stock.
Crescent’s Oil Mix Supports Margins
Crescent’s production base is tilted toward oil and liquids, which generally carry better economics than dry gas. That mix helps support margins when commodity markets are uneven.
The company also uses marketing and hedging to reduce exposure to regional price swings, particularly in natural gas. That does not eliminate commodity risk, but it can make cash flows more predictable across cycles.
CRGY’s Permian Deal Is Paying Off
The Vital Energy integration is the central near-term catalyst for CRGY. By the first quarter of 2026, Crescent had already captured about $120 million of synergies, above its initial target.
Operational gains are also showing up in the development plan. Crescent added roughly 100,000 lateral feet to its 2026 program, accelerated production by about 100 producing days and reduced well costs by more than $500,000 per well versus the prior operator.
Image Source: Crescent Energy Company
Crescent’s Cash Flow Case for 2026
The financial case rests on free cash flow. Management expects roughly $1 billion of 2026 levered free cash flow at current commodity prices, helped by a lower-capital-intensity asset base.
That matters because liquidity and maturity timing shape capital flexibility. Crescent has about $2 billion of liquidity and no significant near-term debt maturities, giving it room to fund development, pay dividends, repurchase shares and pursue selective deals.
Image Source: Crescent Energy Company
Diamondback Energy (FANG - Free Report) offers a useful comparison because it is a Permian-focused oil and gas producer. For investors watching Crescent’s Permian integration, FANG remains a relevant benchmark for basin execution and capital discipline.
CRGY’s Minerals Unit Adds Stability
Crescent’s Minerals & Royalties business adds another layer to the cash flow story. The segment is expected to generate about $200 million of EBITDA in 2026.
The appeal is its low-capital structure. With minimal capital requirements and diversified exposure across key U.S. basins, the business can provide steadier cash generation alongside Crescent’s working-interest portfolio.
EOG Resources (EOG - Free Report) is another relevant name in the U.S. exploration and production space. Its scale and onshore resource base make it a useful peer when investors compare asset quality, execution and commodity exposure.
Crescent’s Key Risks Still Matter
Commodity prices remain the largest swing factor. Weaker oil, natural gas or NGL prices could pressure cash flow, slow drilling activity or limit shareholder returns.
Debt is another constraint. Crescent carries $5.2 billion of long-term debt, and debt-to-capitalization is above 50%, leaving less margin for error if prices weaken or acquisition benefits take longer to materialize.
CRGY’s Ratings Reinforce the Bull Case
The bottom line is that Crescent’s 2026 outlook looks more constructive as Permian synergies build, minerals cash flow expands and free cash flow supports capital flexibility. The stock still requires tolerance for commodity and balance-sheet risk.
CRGY currently carries a Zacks Rank #1 (Strong Buy). It also has a VGM Score of A, Value Score of A, Growth Score of D and Momentum Score of B.
You can see the complete list of today’s Zacks #1 Rank stocks here.
That combination points to a favorable near-term setup for investors looking for value and momentum exposure. Growth is not the main appeal, but the Rank and Style Scores support a constructive view for investors comfortable with energy-sector cyclicality.
Key Takeaways CRGY's stronger execution and firmer free cash flow outlook make its value case clearer.Crescent expects about $1B of 2026 levered free cash flow to support dividends and buybacks.Crescent delivered record first-quarter production and captured about $120M in Vital Energy synergies. Crescent Energy Company (CRGY - Free Report) presents a clearer value case after stronger operating execution and a firmer free cash flow outlook.
The stock is not without risk, especially given its debt profile and commodity exposure. Still, valuation, earnings momentum and shareholder-return capacity make the setup more constructive for investors willing to accept energy-sector volatility.
CRGY’s Valuation Looks Hard to Ignore
CRGY’s valuation remains one of the strongest parts of the investment case. The stock trades at 6.1 times trailing earnings and 4.4 times forward earnings, suggesting investors are not paying much for the company’s current earnings base.
The forward PEG ratio of 0.2 and price-to-sales ratio of 1 also point to an inexpensive profile. That combination may appeal more to value-focused investors than those looking for a pure growth story.
Crescent’s Earnings Picture Is Improving
Crescent’s earnings setup has improved as operating results have come in ahead of expectations. The company posted first-quarter 2026 EPS of 53 cents, representing a 35.9% surprise versus the consensus mark.
Estimate momentum is also moving in the right direction. The fiscal-year earnings estimate has risen 0.6% over the past four weeks, while the stock carries an Earnings ESP of +4.70%, suggesting expectations may still have room to edge higher.
CRGY’s Free Cash Flow Supports Returns
The free cash flow outlook gives the stock a more tangible shareholder-return angle. Crescent expects roughly $1 billion of 2026 levered free cash flow at current commodity prices.
That cash flow supports the company’s quarterly dividend, share repurchases and selective acquisitions. It also gives investors a reason to look beyond near-term oil, natural gas and NGL price swings.
Crescent Has Execution Momentum
The investment case is not based only on cheap multiples. Crescent delivered record first-quarter production of 341 MBoe/d, supported by stronger operational execution and improved cycle times.
Image Source: Crescent Energy Company
The Vital Energy integration is also progressing ahead of plan. Crescent has captured approximately $120 million in synergies, added lateral footage to its 2026 development plan and reduced well costs by more than $500,000 per well compared with the prior operator.
CRGY’s Debt Keeps the Call From Being Easy
Debt remains the main reason the bullish case is not straightforward. Crescent has a sizable debt load, and weaker oil, natural gas or NGL prices could pressure cash flow and limit financial flexibility.
That risk matters in a cyclical industry. Investors comparing CRGY with EOG Resources (EOG - Free Report) or Diamondback Energy (FANG - Free Report) may view those larger exploration and production names as cleaner ways to play U.S. shale, even if CRGY’s valuation screens more compelling.
Crescent’s Ratings Back a Value Thesis
The bottom line is that CRGY looks attractive for investors focused on valuation, free cash flow and improving execution, but it is not a low-risk, all-weather energy holding. The stock’s appeal rests on the market recognizing better cash generation while Crescent continues to manage leverage.
CRGY currently carries a Zacks Rank #1 (Strong Buy). It also has a Value Score of A, VGM Score of A, Momentum Score of B and Growth Score of D.
You can see the complete list of today’s Zacks #1 Rank stocks here.
Those scores fit the investment setup. The Value Score of A and VGM Score of A reinforce the undervaluation argument, while the Momentum Score of B adds support to the near-term case. The Growth Score of D, however, underscores that the stock’s appeal is more about cash flow, valuation and execution than high-growth expansion.
Key Takeaways Crescent highlights the shift toward durable free cash flow over aggressive production growth.CRGY's oil-weighted assets span Eagle Ford, Permian and Uinta, with 96% acreage held by production.Crescent captured about $120M in Vital Energy synergies and expects $200M EBITDA from minerals. Crescent Energy Company (CRGY - Free Report) sits at the center of a timely energy-equity theme: investors are giving more attention to producers that can generate durable free cash flow without chasing production growth at any cost.
The company’s setup combines oil-weighted assets, capital discipline, acquisition integration and royalty exposure, making it a useful case study for a cash-flow-first market.
Crescent Fits the Cash Flow First Trend
Crescent’s portfolio is designed around steady cash generation rather than aggressive volume expansion. Its long-life asset base spans the Eagle Ford, Permian and Uinta, giving the company multiple reinvestment options across established U.S. basins.
Image Source: Crescent Energy Company
A key part of that flexibility is lease control. About 96% of Crescent’s acreage was held by production at year-end 2025, reducing the pressure to drill simply to preserve acreage. That supports a more disciplined capital plan.
CRGY Shows Why Oil Weight Matters
Crescent’s asset mix also fits the market’s preference for liquids-rich production. Liquids represented about 61% of proved reserves at year-end 2025, while first-quarter 2026 production was 41% oil and 64% liquids.
That oil and liquids exposure can support stronger margins than a gas-heavy profile, while Crescent’s hedging and marketing strategy helps moderate commodity swings. Diamondback Energy (FANG - Free Report) , a Permian-focused oil and natural gas producer, and Matador Resources Company (MTDR - Free Report) , an independent energy company active in oil and gas exploration and production, give investors broader context for why liquids-rich U.S. shale exposure remains an important comparison point.
Crescent Benefits from Integration Expertise
Crescent also reflects the sector’s consolidation-and-optimization trend. The company’s strategy depends on acquiring cash-flow-oriented assets, improving operations and making returns-focused reinvestment decisions.
The Vital Energy integration has strengthened that argument. Crescent had captured roughly $120 million in synergies by the first quarter of 2026, exceeding its original target, while also reducing well costs by more than $500,000 per well versus the prior operator.
CRGY’s Royalty Exposure Adds a Trend Angle
The Minerals & Royalties business adds another quality-of-earnings angle. Royalty interests generate revenue without requiring Crescent to fund day-to-day drilling and operating costs on those wells.
That makes the business a high-margin, low-capital cash flow stream. Management expects about $200 million of EBITDA from the segment in 2026, and leverage in the minerals unit is expected to decline toward 1.5X or lower by the end of 2026.
Image Source: Crescent Energy Company
Crescent Also Reflects the Limits of the Trend
Even a disciplined cash-flow model remains tied to old energy-sector risks. Crescent’s earnings and cash flow are still sensitive to oil, natural gas and NGL prices.
Leverage and deal execution also matter. A weaker commodity backdrop, slower acquisition integration or lower-than-expected returns could pressure free cash flow and limit flexibility for dividends, buybacks, debt reduction or additional transactions.
CRGY’s Ratings Signal a Trend in Favor
The bottom line is that Crescent offers exposure to several investor-friendly energy themes: oil-rich production, lower capital intensity, free cash flow, integration upside and royalty-driven margins. Those strengths do not remove commodity risk, but they help explain why CRGY stands out in the current setup.
The stock currently carries a Zacks Rank #1 (Strong Buy). It also has a VGM Score of A, Value Score of A and Momentum Score of B. Since Style Scores are designed to complement the Zacks Rank, those grades suggest CRGY has favorable value and overall style characteristics, with momentum also supportive, though not without the sector risks that come with energy exposure.
You can see the complete list of today’s Zacks #1 Rank stocks here.
Crescent Energy (CRGY - Free Report) closed the most recent trading day at $11.02, moving -4.84% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 1.65%. Elsewhere, the Dow gained 0.92%, while the tech-heavy Nasdaq added 3.07%.
Prior to today's trading, shares of the oil and gas company had lost 11.2% lagged the Oils-Energy sector's loss of 2.71% and the S&P 500's gain of 0.48%.
The investment community will be paying close attention to the earnings performance of Crescent Energy in its upcoming release. The company's earnings per share (EPS) are projected to be $0.64, reflecting a 48.84% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $1.25 billion, indicating a 39.08% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.51 per share and revenue of $4.88 billion. These totals would mark changes of +39.44% and +36.41%, respectively, from last year.
Any recent changes to analyst estimates for Crescent Energy should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.63% upward. At present, Crescent Energy boasts a Zacks Rank of #1 (Strong Buy).
From a valuation perspective, Crescent Energy is currently exchanging hands at a Forward P/E ratio of 4.62. This represents a discount compared to its industry average Forward P/E of 16.91.
The Alternative Energy - Other industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 101, placing it within the top 42% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
In the latest close session, Crescent Energy (CRGY - Free Report) was up +2.27% at $13.07. The stock outpaced the S&P 500's daily loss of 0.49%. Meanwhile, the Dow lost 0.05%, and the Nasdaq, a tech-heavy index, lost 0.9%.
Heading into today, shares of the oil and gas company had lost 5.61% over the past month, lagging the Oils-Energy sector's loss of 4.6% and the S&P 500's gain of 12.8%.
Analysts and investors alike will be keeping a close eye on the performance of Crescent Energy in its upcoming earnings disclosure. The company's earnings report is set to go public on May 4, 2026. It is anticipated that the company will report an EPS of $0.43, marking a 23.21% fall compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $1.2 billion, reflecting a 26.04% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.07 per share and a revenue of $4.89 billion, indicating changes of +15% and +36.71%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Crescent Energy. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 13.93% upward. Crescent Energy is currently a Zacks Rank #3 (Hold).
Looking at its valuation, Crescent Energy is holding a Forward P/E ratio of 6.17. For comparison, its industry has an average Forward P/E of 17.54, which means Crescent Energy is trading at a discount to the group.
The Alternative Energy - Other industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 71, which puts it in the top 30% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Here are three stocks with buy rank and strong income characteristics for investors to consider today, May 4th:
LyondellBasell Industries (LYB - Free Report) : This company which, is among the leading plastics, chemical and refining companies globally with operations across 18 countries, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 88.2% over the last 60 days.
This Zacks Rank #1 (Strong Buy) company has a dividend yield of 3.7%, compared with the industry average of 1.6%.
Crescent Energy Company (CRGY - Free Report) : This independent oil and natural gas company, which acquires, explores, develops, exploits and produces crude oil and natural gas properties principally in the shallow waters of the Gulf of Mexico and onshore properties in Texas, Oklahoma, Louisiana and Wyoming in the United States, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 57% over the last 60 days.
This Zacks Rank #1 company has a dividend yield of 3.6%, compared with the industry average of 0.0%.
PHINIA Inc. (PHIN - Free Report) : This company, which is a global leader in the development, design, and manufacture of integrated components and systems that enhance performance, improve fuel efficiency, and reduce emissions across combustion and hybrid propulsion platforms, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.
This Zacks Rank #1 company has a dividend yield of 1.6%, compared with the industry average of 0.0%.
See the full list of top ranked stocks here.
Find more top income stocks with some of our great premium screens
Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Crescent Energy (CRGY - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.
Crescent Energy is one of 240 companies in the Oils-Energy group. The Oils-Energy group currently sits at #1 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Crescent Energy is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for CRGY's full-year earnings has moved 61.5% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, CRGY has returned 60.4% so far this year. Meanwhile, the Oils-Energy sector has returned an average of 31.9% on a year-to-date basis. This means that Crescent Energy is outperforming the sector as a whole this year.
Another stock in the Oils-Energy sector, Chord Energy Corporation (CHRD - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 56.5%.
In Chord Energy Corporation's case, the consensus EPS estimate for the current year increased 312.9% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
Breaking things down more, Crescent Energy is a member of the Alternative Energy - Other industry, which includes 51 individual companies and currently sits at #67 in the Zacks Industry Rank. Stocks in this group have gained about 27.2% so far this year, so CRGY is performing better this group in terms of year-to-date returns.
Chord Energy Corporation, however, belongs to the Oil and Gas - Exploration and Production - United States industry. Currently, this 35-stock industry is ranked #11. The industry has moved +32.5% so far this year.
Going forward, investors interested in Oils-Energy stocks should continue to pay close attention to Crescent Energy and Chord Energy Corporation as they could maintain their solid performance.
Here are three stocks with buy rank and strong value characteristics for investors to consider today, May 4th:
Ring Energy (REI - Free Report) : This company, which is engaged in the exploration and development of oil and gas, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 233.3% over the last 60 days.
Ring Energy has a price-to-earnings ratio (P/E) of 6.17 compared with 17.20 for the industry. The company possesses a Value Score of A.
Crescent Energy Company (CRGY - Free Report) : This independent oil and natural gas company, which acquires, explores, develops, exploits and produces crude oil and natural gas properties principally in the shallow waters of the Gulf of Mexico and onshore properties in Texas, Oklahoma, Louisiana and Wyoming in the United States, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 57% over the last 60 days.
Crescent Energy Company has a price-to-earnings ratio (P/E) of 6.36 compared with 20.60 for the industry. The company possesses a Value Score of A.
Prog Holdings (PRG - Free Report) : This company, which is a provider of lease-purchase solutions through e-commerce merchants, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.1% over the last 60 days.
Prog Holdings’ has a price-to-earnings ratio (P/E) of 7.96 compared with 11.70 for the industry. The company possesses a Value Score of A.
See the full list of top ranked stocks here.
Learn more about the Value score and how it is calculated here.
Crescent Energy (CRGY - Free Report) closed the last trading session at $13.46, gaining 0.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $17 indicates a 26.3% upside potential.
The mean estimate comprises 13 short-term price targets with a standard deviation of $2.42. While the lowest estimate of $13.00 indicates a 3.4% decline from the current price level, the most optimistic analyst expects the stock to surge 48.6% to reach $20.00. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is highly sought after by investors, the ability and unbiasedness of analysts in setting price targets have long been questionable. And investors making investment decisions solely based on this tool would arguably do themselves a disservice.
But, for CRGY, an impressive average price target is not the only indicator of a potential upside. Strong agreement among analysts about the company's ability to report better earnings than they predicted earlier strengthens this view. While a positive trend in earnings estimate revisions doesn't gauge how much a stock could gain, it has proven to be powerful in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You Should Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Why CRGY Could Witness a Solid UpsideAnalysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason to expect an upside in the stock. That's because empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Over the last 30 days, the Zacks Consensus Estimate for the current year has increased 17.6%, as two estimates have moved higher while one has gone lower.
Moreover, CRGY currently has a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much CRGY could gain, the direction of price movement it implies does appear to be a good guide.
HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) today announced financial and operating results for the first quarter 2026. Crescent's earnings release and supplemental earnings presentation can be found at www.crescentenergyco.com. The Company's first quarter 2026 conference call is planned for 10 a.m. CT (11 a.m. ET) on Tuesday, May 5, 2026. About Crescent Energy Company Crescent is a differentiated energy company committed to delivering value thro.
Crescent Energy (CRGY - Free Report) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +34.76%. A quarter ago, it was expected that this oil and gas company would post earnings of $0.28 per share when it actually produced earnings of $0.49, delivering a surprise of +75%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Crescent Energy, which belongs to the Zacks Alternative Energy - Other industry, posted revenues of $1.18 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.31%. This compares to year-ago revenues of $950.17 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Crescent Energy shares have added about 60.4% since the beginning of the year versus the S&P 500's gain of 5.6%.
What's Next for Crescent Energy?While Crescent Energy has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Crescent Energy was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.57 on $1.31 billion in revenues for the coming quarter and $2.12 on $4.92 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Alternative Energy - Other is currently in the top 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Sempra (SRE - Free Report) , another stock in the same industry, has yet to report results for the quarter ended March 2026. The results are expected to be released on May 7.
This natural gas and electricity provider is expected to post quarterly earnings of $1.48 per share in its upcoming report, which represents a year-over-year change of +2.8%. The consensus EPS estimate for the quarter has been revised 4% lower over the last 30 days to the current level.
Sempra's revenues are expected to be $4.14 billion, up 8.9% from the year-ago quarter.
For the quarter ended March 2026, Crescent Energy (CRGY - Free Report) reported revenue of $1.18 billion, up 24.5% over the same period last year. EPS came in at $0.53, compared to $0.56 in the year-ago quarter.
The reported revenue represents a surprise of +0.31% over the Zacks Consensus Estimate of $1.18 billion. With the consensus EPS estimate being $0.39, the EPS surprise was +34.76%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Crescent Energy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Average daily net sales volumes - Total: 341 millions of barrels of oil equivalent per day versus 333.61 millions of barrels of oil equivalent per day estimated by three analysts on average.Average daily net sales volumes - Oil: 140 millions of barrels of oil per day compared to the 137.07 millions of barrels of oil per day average estimate based on three analysts.Average daily net sales volumes - Natural gas liquids: 77 millions of barrels of oil per day versus the three-analyst average estimate of 71.29 millions of barrels of oil per day.Average daily net sales volumes - Natural Gas: 743 millions of cubic feet per day versus 751.4 millions of cubic feet per day estimated by three analysts on average.Average sales price per mcf - Natural gas (before effects of derivative settlements): $2.37 compared to the $2.87 average estimate based on two analysts.Average sales price per bbl - Natural gas liquids (before effects of derivative settlements): $18.05 compared to the $20.02 average estimate based on two analysts.Average sales price per bbl - Oil (before effects of derivative settlements): $71.00 versus the two-analyst average estimate of $69.90.Revenues- Midstream and other: $6.04 million versus $20.75 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -83% change.Revenues- Oil: $893.32 million compared to the $839.68 million average estimate based on two analysts. The reported number represents a change of +44.2% year over year.Revenues- Natural gas liquids: $125.11 million compared to the $127.96 million average estimate based on two analysts. The reported number represents a change of +16.3% year over year.Revenues- Natural gas: $158.37 million versus the two-analyst average estimate of $199.21 million. The reported number represents a year-over-year change of -15.5%.View all Key Company Metrics for Crescent Energy here>>>
Shares of Crescent Energy have returned +0.2% over the past month versus the Zacks S&P 500 composite's +10% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.
Crescent Energy (CRGY) reported a loss due to noncash impairment charges driven by weak commodity prices and hedge losses. CRGY's acquisition strategy targets properties from higher-cost operators. CRGY then aims to optimize and lower costs over time. Free cash flow and EBITDAX improved.
A strong stock as of late has been Crescent Energy (CRGY - Free Report) . Shares have been marching higher, with the stock up 1.6% over the past month. The stock hit a new 52-week high of $14.29 in the previous session. Crescent Energy has gained 65.9% since the start of the year compared to the 33% move for the Zacks Oils-Energy sector and the 25.8% return for the Zacks Alternative Energy - Other industry.
What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on May 4, 2026, Crescent Energy reported EPS of $0.53 versus consensus estimate of $0.39.
For the current fiscal year, Crescent Energy is expected to post earnings of $2.15 per share on $4.92 in revenues. This represents a 20% change in EPS on a 37.53% change in revenues. For the next fiscal year, the company is expected to earn $2.36 per share on $4.77 in revenues. This represents a year-over-year change of 9.49% and -3.08%, respectively.
Valuation MetricsCrescent Energy may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.
Crescent Energy has a Value Score of A. The stock's Growth and Momentum Scores are C and A, respectively, giving the company a VGM Score of A.
In terms of its value breakdown, the stock currently trades at 6.5X current fiscal year EPS estimates, which is not in-line with the peer industry average of 19.2X. On a trailing cash flow basis, the stock currently trades at 3.1X versus its peer group's average of 9.8X. This is good enough to put the company in the top echelon of all stocks we cover from a value perspective, making Crescent Energy an interesting choice for value investors.
Zacks RankWe also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Crescent Energy currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Crescent Energy fits the bill. Thus, it seems as though Crescent Energy shares could still be poised for more gains ahead.
Crescent Energy (CRGY - Free Report) closed the last trading session at $13.54, gaining 7.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $17 indicates a 25.6% upside potential.
The average comprises 13 short-term price targets ranging from a low of $13.00 to a high of $20.00, with a standard deviation of $2.31. While the lowest estimate indicates a decline of 4% from the current price level, the most optimistic estimate points to a 47.7% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable.
But, for CRGY, an impressive average price target is not the only indicator of a potential upside. Strong agreement among analysts about the company's ability to report better earnings than they predicted earlier strengthens this view. While a positive trend in earnings estimate revisions doesn't gauge how much a stock could gain, it has proven to be powerful in predicting an upside.
Price, Consensus and EPS Surprise
Here's What You May Not Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Why CRGY Could Witness a Solid UpsideAnalysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason to expect an upside in the stock. That's because empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Over the last 30 days, the Zacks Consensus Estimate for the current year has increased 20.5%, as three estimates have moved higher compared to no negative revision.
Moreover, CRGY currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Therefore, while the consensus price target may not be a reliable indicator of how much CRGY could gain, the direction of price movement it implies does appear to be a good guide.
Miller Value Partners initiated a new position in Crescent Energy (CRGY +1.79%) in its May 15, 2026, SEC filing, acquiring 2,003,132 shares for an estimated $20.98 million based on quarterly average pricing.
What happenedAccording to a SEC filing dated May 15, 2026, Miller Value Partners disclosed a new position in Crescent Energy, acquiring 2,003,132 shares. The estimated transaction value was approximately $20.98 million, based on the average closing price during the first quarter of 2026. The quarter-end value of the position rose to $27.04 million, reflecting both the share acquisition and changes in CRGY’s stock price through March 31, 2026.
This was a new position, representing 7.06% of Miller Value Partners’ 13F reportable assets under management as of March 31, 2026Top holdings after the filing:NYSE: NBR: $38.25 million (10.0% of AUM)NYSE: GTN: $23.31 million (6.1% of AUM)NYSE: LNC: $20.26 million (5.3% of AUM)NYSEMKT: SPY: $19.54 million (5.1% of AUM)As of Thursday, Crescent Energy shares were priced at $13.10, up about 50% over the past year and well outperforming the S&P 500, which is instead up about 27%. Company OverviewMetricValueRevenue (TTM)$3.8 billionNet Income (TTM)($284.79 million)Dividend Yield3.78%Company SnapshotCrescent Energy produces and sells crude oil, natural gas, and natural gas liquids from a diversified portfolio of U.S. basins, including Eagle Ford, Rockies, Barnett, Permian, and Mid-Continent.The firm operates an upstream exploration and production business model, generating revenue primarily from the extraction and sale of hydrocarbons.It is headquartered in Houston, Texas, with a focus on operational scale and efficiency across multiple basins.Crescent Energy is a Houston-based independent energy producer with a multi-basin portfolio and a focus on operational scale and efficiency. The company leverages a deep inventory of drilling locations and proven reserves to drive production and cash flow.
What this transaction means for investorsCrescent Energy stock has already climbed roughly 50% over the past year, which suggests that Miller Value Partners appears to be buying into a business that is still executing, and the company’s latest quarter offers support for that thesis. The company reported record production of 341 thousand barrels of oil equivalent per day (MBoe/d), generated $409 million in operating cash flow and $192 million in levered free cash flow, while capturing roughly $120 million of Permian acquisition synergies ahead of schedule. Management also continued strengthening the balance sheet, refinancing debt at lower rates, extending maturities, and maintaining about $2 billion of liquidity.
Also of note: Crescent is delivering on both cash generation and volume growth. Adjusted EBITDAX reached nearly $690 million in the quarter, and net leverage remained a manageable 1.7x. If management can continue delivering on higher production, strong cash flow, and rising shareholder returns, it’s not hard to understand why a fund like Miller Value would choose to buy in and stay in.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
On May 7, 2026, Liberty Mutual Foundation Inc, a 10% Owner, disclosed the sale of 32,600,000 shares of Crescent Energy Company (CRGY +1.79%) common stock for a total consideration of ~$401.96 million, according to a SEC Form 4 filing.
Transaction summaryMetricValueShares sold (direct)32,600,000Transaction value$402.0 millionPost-transaction shares (direct)4,213,628Post-transaction shares (indirect)80,783Post-transaction value (direct ownership)$52.4 millionTransaction value based on SEC Form 4 reported price ($12.33).
Key questionsHow substantial was the reduction in Liberty Mutual Foundation Inc.'s direct stake in Crescent Energy Company?
The direct position was reduced by 88.36%, with direct holdings falling from 36,894,411 to 4,213,628 shares, reflecting a material decrease in ownership concentration.What is the composition of Liberty Mutual Foundation Inc.'s remaining ownership and does it involve indirect entities?
After the sale, the insider holds 4,213,628 shares directly and 80,783 shares indirectly, with indirect shares attributed to related entities as detailed in the filing's footnotes; no derivative securities or options remain outstanding.Did this transaction affect Liberty Mutual Foundation Inc.'s overall exposure to Crescent Energy Company?
The sale substantially reduced exposure, but meaningful ownership persists via both direct and indirect Class A Common Stock holdings, totaling 4,294,411 shares as of the filing.Was the transaction driven by routine liquidity or portfolio management factors?
Given the single large block trade and absence of a 10b5-1 plan or historical cadence, the activity appears to reflect a strategic portfolio adjustment rather than scheduled liquidity management.Company overviewMetricValuePrice (as of market close 5/7/26)$12.33Market capitalization$4.20 billionRevenue (TTM)$3.81 billionDividend yield5.67%* 1-year performance metrics are calculated using May 7, 2026, as the reference date.
Company snapshotProduces and sells crude oil, natural gas, and natural gas liquids, with operations spanning the Eagle Ford, Rockies, Barnett, Permian, and Mid-Con basins in the United States.Operates an asset-driven business model focused on exploration, development, and production of hydrocarbons from a diversified portfolio of proven reserves and drilling locations.Crescent Energy Company is a Houston-based independent energy firm with a portfolio of oil and natural gas assets across multiple prolific U.S. basins.
What this transaction means for investorsInvestors often pay attention to insider sales, but often they’re just a matter of portfolio management, liquidity needs, or changes in allocation. Sales like this usually have little to do with a company’s outlook, and Liberty Mutual’s sale of Crescent Energy appears to fit this description.
Crescent Energy isn’t an exciting, high-growth investment. The company focuses on generating cash flow and returning capital to shareholders. Its free cash flow and dividend yield make it attractive for investors, and its management has done well with acquisitions and operational efficiencies.
The biggest caveat is that oil prices don’t always cooperate with energy companies’ plans. Particularly in the current economy, oil prices have been volatile and unpredictable. That means investor sentiment around the stock could shift quickly.
This doesn’t make Crescent a poor investment. Those who already have diversified portfolios and patient, long-term strategies may wish to give Crescent Energy a closer look. Conservative investors or those who get nervous when prices swing dramatically may prefer businesses with steady earnings and less exposure to the energy sector.
The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Here are three stocks with buy rank and strong income characteristics for investors to consider today, June 2:
Crescent Energy Company (CRGY - Free Report) : This explorer and producer of oil and natural gas has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 33% over the last 60 days.
This Zacks Rank #1 company has a dividend yield of 4.2%, compared with the industry average of 0.0%.
Hasbro, Inc. (HAS - Free Report) : This play and entertainment company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.
This Zacks Rank #1 company has a dividend yield of 3.3%, compared with the industry average of 0.0%.
Pelagos Insurance Capital Limit (PLGO - Free Report) : This insurance and reinsurance company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.9% over the last 60 days.
This Zacks Rank #1 company has a dividend yield of 2.8%, compared with the industry average of 1.5%.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Find more top income stocks with some of our great premium screens.
Here are three stocks with buy rank and strong value characteristics for investors to consider today, June 2:
Crescent Energy Company (CRGY - Free Report) : This explorer and producer of oil and natural gas carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 33% over the last 60 days.
Crescent Energy has a price-to-earnings ratio (P/E) of 4.85, compared with 16.50 for the industry. The company possesses a Value Score of A.
Pelagos Insurance Capital Limit (PLGO - Free Report) : This insurance and reinsurance company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.9% over the last 60 days.
Pelagos Insurance has a price-to-earnings ratio (P/E) of 5.72, compared with 10.10 for the industry. The company possesses a Value Score of A.
Gold.com, Inc. (GOLD - Free Report) : This precious metals company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.4% over the last 60 days.
Gold.com has a price-to-earnings ratio (P/E) of 7.97, compared with 8.90 for the industry. The company possesses a Value Score of A.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Learn more about the Value score and how it is calculated here.
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
Gold.com, Inc. (GOLD - Free Report) : This precious metals company has seen the Zacks Consensus Estimate for its current year earnings increasing 22.4% over the last 60 days.
Electromed, Inc. (ELMD - Free Report) : This medical device company has seen the Zacks Consensus Estimate for its current year earnings increasing 9.1% over the last 60 days.
Tapestry, Inc. (TPR - Free Report) : This lifestyle brand and accessories company has seen the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days.
Pelagos Insurance Capital Limited (PLGO - Free Report) : This insurance and reinsurance company has seen the Zacks Consensus Estimate for its current year earnings increasing 14.9% over the last 60 days.
Crescent Energy Company (CRGY - Free Report) : This explorer and producer of oil and natural gas has seen the Zacks Consensus Estimate for its current year earnings increasing nearly 33% over the last 60 days.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Crescent Energy (CRGY - Free Report) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.
The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.
As such, the Zacks rating upgrade for Crescent Energy is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.
Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Crescent Energy imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .
Earnings Estimate Revisions for Crescent EnergyThis oil and gas company is expected to earn $2.38 per share for the fiscal year ending December 2026, which represents no year-over-year change.
Analysts have been steadily raising their estimates for Crescent Energy. Over the past three months, the Zacks Consensus Estimate for the company has increased 85.4%.
Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of Crescent Energy to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
Crescent Energy (CRGY - Free Report) closed the most recent trading day at $11.44, moving -2.8% from the previous trading session. This change lagged the S&P 500's 0.26% loss on the day. Meanwhile, the Dow experienced a rise of 0.17%, and the technology-dominated Nasdaq saw a decrease of 0.97%.
Heading into today, shares of the oil and gas company had lost 5.76% over the past month, lagging the Oils-Energy sector's gain of 0.73% and the S&P 500's gain of 0.23%.
The investment community will be closely monitoring the performance of Crescent Energy in its forthcoming earnings report. The company is predicted to post an EPS of $0.64, indicating a 48.84% growth compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.25 billion, up 39.08% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.51 per share and a revenue of $4.88 billion, representing changes of +39.44% and +36.41%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Crescent Energy. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate has moved 8.45% higher within the past month. Currently, Crescent Energy is carrying a Zacks Rank of #1 (Strong Buy).
Looking at valuation, Crescent Energy is presently trading at a Forward P/E ratio of 4.7. Its industry sports an average Forward P/E of 17.25, so one might conclude that Crescent Energy is trading at a discount comparatively.
The Alternative Energy - Other industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 109, this industry ranks in the top 45% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
