Crescent Energy Company Class A (CRGY)

Over the past six months, Crescent Energy simplified its corporate structure by eliminating its Up-C structure. The company's Q2 2025 earnings reported $0.43 EPS, surpassing estimates, with revenue of $897.98 million, also exceeding estimates. In July 2025, the company announced early results for a tender offer to buy back up to $500 million of its older notes and priced an upsized $600 million private placement of new notes. A quarterly dividend of $0.12 per share was paid on September 2, 2025. Crescent Energy is expected to announce its Q3 2025 results on November 3, 2025. Crescent Energy is scheduled to merge with Vital Energy by year-end 2025. The company's stock price has experienced a decline over the past year and technical indicators suggest a bearish outlook in the mid-term.

Demand for Crescent Energy Co.'s products and services, particularly natural gas and natural gas liquids (NGLs), can exhibit seasonality. The energy market in general is subject to volatility driven by commodity prices and global economic conditions. Higher fuel gas usage during winter weather impacts the company's lease operating expenses, indicating seasonal fluctuations in natural gas demand. To mitigate the impact of price volatility, Crescent Energy hedges a significant portion of its natural gas output.

Crescent Energy Company is involved in the exploration and production of crude oil, natural gas, and natural gas liquids in the United States. The company operates in the Energy sector, specifically in the Oil & Gas Exploration and Production industry, and also participates in midstream operations, including pipeline transportation, storage facilities, and processing and refining services. Crescent Energy has invested in renewable energy initiatives and research and development in alternative energy sources. Its major products include crude oil, natural gas, and natural gas liquids.

Crescent Energy Co.'s operations are concentrated in the United States, with a significant focus on Texas and the Rocky Mountain region. The company is actively developing assets in the Eagle Ford and Uinta basins and operates conventional assets in Wyoming.

Crescent Energy demonstrates a commitment to ESG initiatives, which positively contributes to its brand reputation. The company published its inaugural ESG Report in 2021, outlining priorities such as reducing greenhouse gas emissions, aiming for a zero-incident workplace, managing water use, engaging with communities, and fostering diversity, equity, and inclusion. Crescent Energy has also achieved the OGMP 2.0 Gold Standard Pathway rating for methane reporting for three consecutive years. The company emphasizes transparent and ethical leadership, integrating sustainability into its operational strategy and decision-making.

Institutional shareholders own approximately 79.27% of Crescent Energy Co., insiders hold about 19.49%, and retail investors account for 1.25%. Major institutional owners include Kohlberg Kravis Roberts & Co. L.P., BlackRock, Inc., Vanguard Group Inc, and American Century Companies Inc. Pt Independence Energy Holdings LLC is the largest individual shareholder, owning 14.53% of the company's shares.