Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Crescent Energy (CRGY) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Crescent Energy currently has an av ...

Crescent Energy (CRGY) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this oil and gas company have returned -3.4% over the past month versus the Zacks S&P 500 composite's -3% change. The Zacks Alternative Energy - Other industry, to which Crescent Energy belongs, has gained 13.6% over this period. Now the key question is: Where could the stock be headed in the near t ...

In the latest trading session, Crescent Energy (CRGY) closed at $10.97, marking a +1.67% move from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.88%. Elsewhere, the Dow gained 0.56%, while the tech-heavy Nasdaq lost 2.05%.The oil and gas company's shares have seen a decrease of 6.01% over the last month, not keeping up with the Oils-Energy sector's gain of 2.78% and the S&P 500's loss of 2.57%.The investment community will be closely monitoring the performance of C ...

In the latest trading session, Crescent Energy (CRGY) closed at $11.67, marking a -1.52% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 1.46%. Elsewhere, the Dow lost 1.24%, while the tech-heavy Nasdaq lost 1.63%.Coming into today, shares of the oil and gas company had gained 8.12% in the past month. In that same time, the Oils-Energy sector gained 8.14%, while the S&P 500 gained 1.6%.Investors will be eagerly watching for the performance of Crescent Energy in its ...

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“we” or “our”) announced today that its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) has priced its previously announced private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers of $700 million aggregate principal amount of 7.625% Senior Notes due 2032 (the “Notes”). The Notes mature on April 1, 2032 and pay interest at the rate of 7.62 ...

Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, par value $0.0001 per share CRGY New York Stock Exchange Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): March 19, 2024 Houston, Texas 77002 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including Area Code: (713) 337-4600 ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR ...

HOUSTON--(BUSINESS WIRE)--Crescent Energy Finance LLC (“CE Finance”), a wholly owned subsidiary of Crescent Energy Company (“Crescent”) announced today that it has commenced a cash tender offer (the “Tender Offer”) to purchase any and all of the outstanding senior notes (the “Notes”) listed in the following table upon the terms and conditions described in CE Finance’s Offer to Purchase, dated March 19, 2024 (the “Offer to Purchase”). Issuer (1) Title of Security CUSIP Number Principal Amount ...

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“we” or “our”) announced today that, subject to market conditions, its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) intends to offer for sale in a private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers $700 million aggregate principal amount of Senior Notes due 2032 (the “Notes”). The Notes will be guaranteed on a senior unsecured bas ...

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (“Crescent” or the “Company”) (NYSE: CRGY) today announced the pricing of an underwritten public offering of 12,000,000 shares of its Class A common stock, par value $0.0001 per share (“common stock”), at a price to the public of $10.50 per share, pursuant to a registration statement on Form S-3 (the “Registration Statement”) filed on March 6, 2024 with the U.S. Securities and Exchange Commission (the “SEC”). The common stock is being offered by Independence ...

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (“Crescent” or the “Company”) (NYSE: CRGY) today announced the commencement of an underwritten public offering of 12,000,000 shares of its Class A common stock, par value $0.0001 per share (“common stock”). The common stock is being offered by Independence Energy Aggregator L.P. (the “Selling Stockholder”), the direct owner of the shares being offered and the entity through which certain unaffiliated limited partners and affiliated entities hold their intere ...