How to Buy Crescent Energy Co Stock
Crescent Energy Co
Crescent Energy Co is a oil and gas company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker CRGY on the NYSE exchange.
Crescent Energy Co stock last closed at $10.75, down 0.19% from the previous day, and has decreased 3.93% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.27 percentage points. Crescent Energy Co stock is currently +17.23% from its 52-week low of $9.17, and -24.4% from its 52-week high of $14.22.
As of Apr 25, 2024, there are 179.66M shares of CRGY outstanding. The market capitalization of CRGY is $1.93B. In the last 24 hours, 1.12M CRGY shares were traded.
How to Buy Crescent Energy Co Stock
Not sure how to invest in Crescent Energy Co stock? Here's how.
- Choose where to buy Crescent Energy Co stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Crescent Energy Co stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Choose your method of payment and add your info.
- Analyze Crescent Energy Co stock: The Crescent Energy Co ticker symbol is CRGY. Is Crescent Energy Co stock a good investment? Should you buy shares of CRGY? How do CRGY's underlying business fundamentals look? Do top analysts think Crescent Energy Co is a good buy? Why has CRGY's stock price moved recently? (Hint: Our stock market research website can help you evaluate if CRGY is a good stock to buy).
- Place your CRGY trade: Decide if you will purchase CRGY shares at the current market price or use a limit order to purchase CRGY stock at a specific price.
- Watch your investment in CRGY: Create a watchlist to the latest updates on your investment in Crescent Energy Co shares.
Step 1: Choose where to buy Crescent Energy Co stock
You will need an online brokerage account to access the NYSE market and buy CRGY shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, you need to fill out some personal details so you are able to buy CRGY stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new brokerage account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have created your account on stock market app, you can securely and quickly fund your account:
Check out this video walkthrough for more details transferring money into your brokerage account.
Step 4: Analyze Crescent Energy Co stock
Once you have figured out the best place to buy Crescent Energy Co stock, it's critical to research their stock before you buy, so you actually comprehend the risk as well as the opportunity.
Crescent Energy Co stock quick numbers
CRGY Zen Score
WallStreetZen was designed to help part-time investors perform better fundamental analysis.
You can see all of the due diligence checks on CRGY's stock page.
Is CRGY stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge CRGY's intrinsic value.
Using relative valuations ratios:
- CRGY could be undervalued based on its P/E ratio of 10.54x, relative to Oil & Gas E&P industry P/E ratio of 15.49x
- CRGY could be undervalued based on its P/B ratio of 1.13x, relative to Oil & Gas E&P industry P/B ratio of 2.17x
You can access more valuation analysis on CRGY's stock here.
CRGY Financials at a glance
Positive Health Checks:
- CRGY's operating cash flow of $935.77M allows it to safely service it's debt of $1.71B.
Negative Health Checks:
- There are more short-term liabilities than short-term assets on the CRGY balance sheet.
- There are more long-term liabilities than short-term assets on the CRGY balance sheet.
- CRGY earnings of $236.64M is not enough to cover its interest payments.
- CRGY profit margin has gone down from 3.2% to 2.8% in the past year.
- CRGY has a relatively high debt to equity ratio of 1.86.
Is Crescent Energy Co stock a Buy, Hold, or Sell, according to analysts?
Out of 7 Equities analysts who monitor CRGY, the consensus analyst rating on CRGY is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent CRGY Analyst Upgrades/Downgrades
Nitin Kumar, a top 1% analyst from Mizuho downgrades CRGY to a hold rating and announces their CRGY price target of $14.00, on Jan 3, 2024.
Stephen Richardson, a top 10% analyst from Evercore ISI Group initiates coverage on CRGY with a buy rating and announces their CRGY price target of $16.00, on Dec 1, 2023.
You can dig deeper into what analysts are saying on the Crescent Energy Co stock forecast page.
CRGY Technicals
CRGY Growth Metrics
Last year, CRGY earnings were $67.61M. In the last 5 year, CRGY's earnings have gone up by -70.41% per year. This was slower than the Oil & Gas E&P industry average of 12.91%.
Last year, CRGY revenue was $2.38B. During the last five year, CRGY's revenue has increased by 14.72% per year. This was slower than the Oil & Gas E&P industry average of 19.16%.
Learn more about CRGY's earnings and revenue performance here.
What are CRGY executives and large shareholders up to?
Over the last 12 months, executives and large shareholders at CRGY have sold more shares than they have bought.
Independence Energy Aggregator LP, 10% Owner of CRGY, was the latest CRGY insider to sell. They sold $64,440,000.00 worth of CRGY shares on Apr 1, 2024.
Get more info about who owns CRGY stock here.
Does CRGY stock generate passive income?
No, Crescent Energy Co doesn't provide an income stream by paying out dividends.
What do other traders have to say about CRGY?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your CRGY trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, use a limit order.
Press the Open button and your broker will place your order.
If you need more info about investing in stocks on eToro, watch the how to video below:
Step 6: Watch your investment in CRGY
Now that you own some CRGY stock, you'll want to stay up-to-date on your company.
Start a watchlist to keep track of your CRGY stock.
CRGY Feed
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How to Buy Stock in Crescent Energy Co
To reiterate, here are the 6 steps you need to take to buy Crescent Energy Co stock right now:
- Choose where to buy Crescent Energy Co stock
- Open your brokerage account
- Deposit funds into your brokerage account
- Analyze Crescent Energy Co stock
- Place your CRGY trade
- Watch your investment in CRGY
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Crescent Energy Co, click the button below.
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