Crescent Energy Company explores for and produces crude oil, natural gas, and natural gas liquids in the United States. Its activities are focused on the Eagle Ford, Permian, and Uinta Basins. The company also owns mineral and royalty interests across U.S. oil and natural gas basins. Crescent Energy Company was founded in 2011 and is headquartered in Houston, Texas.
Oil Stocks Climb as Trump Rejects Iran's Strait of Hormuz Proposal
Energy stocks rose in pre-market trading after President Donald Trump rejected an Iranian proposal to reopen the Strait of Hormuz, sending crude oil prices sharply higher. International benchmark Brent crude climbed more than 3% to top $107 a barrel, according to Reuters, extending supply concerns across a chokepoint that historically handles a fifth of global petroleum shipments. Chevron, Exxon Mobil, and the Energy Select Sector SPDR Fund traded higher in pre-market indications, while refiners Valero Energy, Marathon Petroleum, and Phillips 66 advanced overnight alongside rising diesel futures. Among individual movers, U.S. shale exploration and production company Crescent Energy jumped 2.6%, and mixed or offshore upstream exploration and production company Kosmos Energy jumped 2.8%. Sustained crude above $100 expands cash-flow projections for upstream producers, according to Bloomberg, but refiners face headwinds after Trump said the administration is considering a ban on diesel exports to lower domestic fuel costs, which could force refinery run cuts, according to Reuters.
CRGY · Supply · Positive Crescent Energy jumped as Trump's rejection of Iran's Strait of Hormuz proposal tightened crude supply and lifted oil prices, expanding cash flow for shale E&P.
KOS · Supply · Positive Kosmos Energy jumped 2.8% on the crude supply concerns from the closed Strait of Hormuz lifting oil prices.
MPC · Tariff · Negative Marathon Petroleum faces headwinds from Trump's consideration of a diesel export ban, which could force refinery run cuts.
PSX · Tariff · Negative Phillips 66 faces headwinds from the potential diesel export ban that could force refinery run cuts.
VLO · Tariff · Negative Trump considering a ban on diesel exports could force refinery run cuts, a headwind for Valero.
CVX · Supply · Positive Chevron traded higher as the Strait of Hormuz supply disruption pushed Brent above $107, benefiting upstream producers.
Crescent Energy Falls 1.89% as Analysts Lift EPS Estimate Ahead of Earnings
Crescent Energy shares closed down 1.89% at $13.01, trailing a session in which the Dow lost 0.36% and the Nasdaq added 0.45%. The oil and gas company is expected to report earnings per share of $0.56 for its upcoming quarter, a 60% increase from the same quarter a year earlier, on revenue of $1.2 billion, up 38.04%. For the full fiscal year, the Zacks Consensus Estimates project earnings of $2.57 per share and revenue of $4.98 billion, representing changes of +42.78% and +39.19% from the prior year. Over the past 30 days the Zacks Consensus EPS estimate has moved 4.66% higher, and Crescent Energy currently carries a Zacks Rank of #3 (Hold). The stock trades at a Forward P/E ratio of 5.17, well below its industry's average Forward P/E of 17.5.
CRGY · Capital · Positive Analysts raised the Zacks Consensus EPS estimate 4.66% over 30 days ahead of expected 60% EPS growth, a valuation/earnings event for Crescent Energy.
Crescent Energy Beats Q2 Estimates, Raises 2026 Production Guidance
Crescent Energy reported second-quarter 2026 results that exceeded analyst expectations on adjusted earnings and revenue, supported by higher production, better oil price realizations, and improved operating efficiencies. The company also raised its 2026 production guidance while trimming projected operating expenses and production taxes, and continued to fortify its balance sheet through debt redemption, dividends, and potential capital returns via acquisitions or share repurchases. The company confirmed its quarterly dividend of US$0.12 per share. Crescent Energy's narrative projects $4.5 billion revenue and $641.1 million earnings by 2029, requiring 5.8% yearly revenue growth and a $925.9 million earnings increase from -$284.8 million today. Some analysts project revenue reaching about US$4.8 billion and earnings near US$1.1 billion by 2029, which is more bullish than consensus.
CRGY · Capital · Positive Crescent Energy beat Q2 2026 adjusted earnings and revenue estimates and raised 2026 production guidance while trimming opex and taxes.
Crescent Energy beats Q2 estimates, raises 2026 production outlook
Crescent Energy reported second-quarter 2026 adjusted earnings of 63 cents per share, beating the Zacks Consensus Estimate of 45 cents by 40% and rising from 43 cents a year ago. Revenue reached $1.4 billion, exceeding the $1.22 billion consensus and up sharply from $898 million in the prior-year quarter. Total production averaged 335 thousand barrels of oil equivalent per day, above the 331 MBoe/d consensus, while oil production hit 140 thousand barrels per day. The company raised its 2026 total production guidance to 327-335 MBoe/d from 320-335 MBoe/d, lowered adjusted operating expense guidance to $11-$12 per Boe, and maintained development capital guidance at $1.325-$1.425 billion. Crescent also increased its Permian synergy target to $250-$300 million, roughly three times the original target, and generated record adjusted EBITDAX of $798 million.
Crescent Energy to Report Earnings Monday With Revenue Expected to Jump 46.1%
Crescent Energy will report its latest quarterly results Monday afternoon. Analysts expect revenue to grow 46.1% year on year, accelerating from the 37.5% increase recorded in the same quarter last year. The company met revenue expectations last quarter with $1.18 billion, up 24.5% year on year, and beat earnings per share estimates while posting 37.3% oil production per day growth. Estimates have been largely unchanged over the past 30 days, though Crescent Energy has missed revenue estimates multiple times over the last two years. Shares have risen 25.6% over the past month, outperforming the 7% average gain in the upstream and integrated segment, and the stock heads into earnings with an average analyst price target of $15.87 compared to the current share price of $11.63.
Crescent Energy Stock Falls 1.05% While Broader Market Edges Up
Crescent Energy shares closed at $11.27, down 1.05% in a session where the S&P 500 gained 0.05%. The oil and gas company has risen 12.77% over the past month, outpacing the Oils-Energy sector's 6.52% gain and the S&P 500's 0.61% advance. Crescent Energy plans to report earnings on August 3, 2026, with analysts expecting earnings per share of $0.57, a 32.56% increase from the same quarter last year, and revenue of $1.23 billion, up 37.22%. For the full fiscal year, the Zacks Consensus Estimates project earnings of $2.26 per share and revenue of $4.81 billion, representing year-over-year growth of 25.56% and 34.28%, respectively. The Zacks Consensus EPS estimate has fallen 10.47% over the past month, and the stock currently carries a Zacks Rank of 4, or Sell, while trading at a forward price-to-earnings ratio of 5.05, a discount to the industry average of 18.13.
Crescent Energy Company Is A Top Stock In Miller Value Partners’ Filings
Crescent Energy Company is among the top stock picks in Bill Miller’s portfolio. The mid-sized oil and gas exploration and production company has seen its shares rise 2.4% over the past year and 11% year-to-date. Raymond James lowered its price target to $18 from $20 while maintaining a Strong Buy rating, and Mizuho raised its target to $15 from $14 with a Neutral rating. The company reported first-quarter revenue of $1.18 billion and adjusted earnings per share of $0.53, and it is scheduled to report second-quarter earnings on August 4th. American Century Investments Small Cap Value Fund noted that Crescent Energy’s shares moved higher during the first quarter of 2026 due to a spike in oil prices and the partial closure of the Strait of Hormuz.
Crescent Energy Stock Rises 18% in 6 Months: Time to Buy or Stay?
Crescent Energy shares gained 18.1% over the past six months, trailing the Zacks Oil and Gas - Exploration and Production - United States industry's 19.2% rise but slightly ahead of the Zacks Oil-Energy sector's 17.6% increase. The company generated $192 million in levered free cash flow in the first quarter of 2026 and expects approximately $1 billion for the full year at current commodity prices. Integration of acquired Permian assets has progressed ahead of schedule, capturing about $120 million in synergies, or roughly 120% of the original target, while well costs have been reduced by more than $500,000 per well. The Zacks Consensus Estimate for 2026 earnings per share indicates year-over-year growth of 37.2%, though the estimate has been revised downward by 1.6% over the past 30 days. Crescent Energy trades at a forward 12-month price-to-sales ratio of 0.65, well below the industry average of 3.24, but its return on equity of 10.71% lags the sub-industry average of 16.04% and leverage remains a factor to monitor.
StockStory names Blackstone and Crescent Energy as growth stocks to buy, Eastern Bank as risky
StockStory highlights Blackstone and Crescent Energy as growth stocks with explosive upside, while flagging Eastern Bank as risky. Blackstone, a global alternative asset manager with over $1 trillion in assets, posted 19% annual revenue growth over the last two years and 21.4% annual EPS growth. Crescent Energy, an oil and gas producer, achieved 41.5% annual revenue growth over five years, a 59% gross margin, and a 14.8% free cash flow margin. Eastern Bank, a regional bank in the Northeast, shows a low 3.3% net interest margin, 5.1% annual tangible book value per share declines over five years, and low return on equity.
U.S. Shale E&P Stocks' Q1 Earnings: Crescent Energy Vs The Rest Of The Pack
U.S. shale E&P stocks reported a satisfactory first quarter, with revenues beating analysts' consensus estimates by 2.7% as a group. Crescent Energy posted revenues of $1.18 billion, up 24.5% year on year, in line with expectations, but its stock fell 30.9% since reporting. Chord Energy was the best performer, with revenues of $1.67 billion beating estimates by 33.1%, though its shares still dropped 22.6%. Texas Pacific Land had the weakest quarter, missing revenue and EBITDA estimates, and its stock declined 1.3%. Matador Resources saw revenues fall 33.8% year on year to $671.6 million, missing estimates by 23%, and its shares fell 15.2%. Riley Exploration Permian beat revenue estimates by 4.4% with $113.9 million, but missed on EBITDA and EPS, and its stock slipped 3.3%. On average, share prices of the tracked companies are down 14.7% since their latest earnings results.
CHRD · Capital · Negative Chord Energy beat revenue estimates but its shares dropped 22.6% since earnings, indicating negative market reaction to earnings results.
CRGY · Capital · Negative Crescent Energy posted in-line revenues but its stock fell 30.9% since reporting, reflecting negative market sentiment on earnings.
MTDR · Capital · Negative Matador Resources saw revenues fall 33.8% YoY and missed estimates by 23%, with shares down 15.2% since earnings.
REPX · Capital · Negative Riley Exploration Permian beat revenue estimates but missed on EBITDA and EPS, with stock slipping 3.3% since earnings.
TPL · Capital · Negative Texas Pacific Land had the weakest quarter, missing revenue and EBITDA estimates, with stock declining 1.3% since earnings.
Zacks highlights Bloom Energy, Crescent Energy, and Diversified Energy as top alternative energy buys
Zacks Investment Research featured Bloom Energy, Crescent Energy, and Diversified Energy as three highly ranked alternative energy stocks with a Zacks Rank number one, or Strong Buy. Bloom Energy, priced at $338, saw first-quarter revenue surge 130% year over year to $751.05 million, driven by a 208% jump in product revenue, and its earnings per share of $0.44 crushed estimates by 388%. Crescent Energy, trading at $10, generated $192 million in levered free cash flow in the first quarter as production climbed 32% to 341,000 barrels of oil equivalent per day, supported by $120 million in Permian Basin acquisition synergies. Diversified Energy, at $12 a share, posted $91 million in adjusted free cash flow, up 157% from a year earlier, and offers an 8% annual dividend yield while trading at 2 times forward earnings. The three companies are benefiting from trends such as AI-driven power demand, operational efficiencies, and disciplined asset management, with analysts raising earnings estimates.
Crescent Energy Reports Record Q1 Production, Highlights Permian Integration Gains
Crescent Energy reported record production in the first quarter of 2026, driven by progress integrating its Permian assets and capturing operating synergies. Management cited expanded simul frac activity and drilling efficiency gains as key contributors to the record output. The company's stock trades at $10.44, down 23.9% over the past month despite a year-to-date gain of 22.7%. Analysts have a consensus price target of $17.36, and Simply Wall St assesses the stock as undervalued, trading about 73.1% below its estimated fair value. The focus now turns to whether the efficiency improvements can be repeated across Crescent Energy's broader portfolio as it manages capital, operating costs, and future production levels.
Oil Stocks Fall as US-Iran Interim Deal Sends Crude Prices Tumbling
Shares of TechnipFMC, Chord Energy, and Crescent Energy fell sharply after the U.S. and Iran signed an interim agreement waiving sanctions on Tehran's oil and reopening the Strait of Hormuz. WTI futures dropped as much as 3.5% to an intraday low of $73.60, while Brent crude fell 2% to $77.96, as the 14-point memorandum of understanding began a 60-day negotiation period and stripped away the geopolitical risk premium that had boosted energy stocks. Under the deal, Iran will allow toll-free passage through the Strait of Hormuz immediately, with full traffic capacity restored within 30 days, normalizing a chokepoint that handles roughly 20% of the world's seaborne oil and LNG. Oilfield services company TechnipFMC fell 3.9%, U.S. shale producer Chord Energy dropped 3.6%, and Crescent Energy declined 4.3%, with the latter's shares remaining extremely volatile and now trading 25.9% below their 52-week high of $13.92 from May 2026. The potential return of Iranian exports, which ran at roughly 3 million barrels per day before the conflict, represents a persistent supply overhang that would most directly impact U.S. shale producers who gained market share during Iran's absence.
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