Added to YB: 2025-08-07
Pitch date: 2025-06-20
CRGY [bullish]
Crescent Energy Company
+0.68%
current return
Author Info
No bio for this author
Company Info
Crescent Energy Company, an energy company, engages in the exploration and production of crude oil, natural gas, and natural gas liquids in the United States.
Market Cap
$2.4B
Pitch Price
$9.34
Price Target
N/A
Dividend
5.14%
EV/EBITDA
3.13
P/E
89.84
EV/Sales
1.56
Sector
Oil, Gas and Consumable Fuels
Category
value
Crescent Energy Company - $CRGY
CRGY: KKR-managed O&G E&P trading at 3.4x EBITDA, 28% FCF yield, 5% dividend. 'Acquire-and-exploit' strategy targeting 2x MOIC, <5yr payback on M&A, <3yr on drilling. 60% of 2025 production hedged. Recently merged w/SilverBow & acquired Ridgemar, now 3rd largest Eagle Ford producer. John Goff (4% owner) key differentiator. Risks: acquisition overpay, integration issues, price decline.
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