Crescent Energy (CRGY) Soars 5.8%: Is Further Upside Left in the Stock?

Crescent Energy (CRGY) shares ended the last trading session 5.8% higher at $8.7. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 12% loss over the past four weeks.The surge can be attributed to a favorable commodity price environment and Crescent Energy’s strong presence in Texas and the Rockies. The company is active in the prolific Eagle Ford Basin and the Uinta Basin of the United States. The Eagle Ford Basin s ...