Professional
Added to YB: 2026-04-15
Pitch date: 2026-04-13
CRGY [bullish]
Crescent Energy Company
-3.33%
current return
Author Info
No bio for this author
Company Info
Crescent Energy Company engages in the exploration and production of crude oil, natural gas, and natural gas liquids in the United States.
Market Cap
$4.2B
Pitch Price
$12.60
Price Target
N/A
Dividend
3.77%
EV/EBITDA
5.09
P/E
23.55
EV/Sales
2.71
Sector
Oil, Gas and Consumable Fuels
Category
value
Miller Deep Value Strategy New Position: Crescent Energy Company
CRGY (new position): Top 10 domestic E&P down 50% on weak commodities & Vital acquisition pushing leverage to 1.5x. Vital adds Permian assets w/ 10+ yr inventory, low decline production. Mgmt track record: buying cheap, improving ops, cutting costs. Mineral/royalty biz worth $1-1.5B at 7-11x EBITDA multiples. Positioned for $1B+ annual FCF next few years w/ commodity rebound & synergies. Trading ~2x cash flow, ~30% normalized FCF yield. Risk: integration challenges, commodity downturn.
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