(CRGY) Crescent Energy - Ratings and Ratios

Crescent Energy Company, an independent energy firm listed on the NYSE under the ticker CRGY, specializes in the exploration and production of crude oil, natural gas, and natural gas liquids. Its primary operational assets are situated in the Eagle Ford Shale and the Rocky Mountain regions, both known for their rich hydrocarbon reserves. The company also operates an extensive network of energy infrastructure, including over 500 miles of oil and gas gathering systems in southeast Texas, a centralized production facility in Colorado with a capacity of 20,000 barrels per day, and a complex of carbon dioxide, natural gas, and crude oil pipelines in Wyoming that span over 200 miles. Additionally, Crescent Energy manages a water pipeline system in Oklahoma, crucial for its drilling operations.

The company, established in 2011 and headquartered in Houston, Texas, emphasizes both conventional and unconventional resource development. It has implemented advanced drilling technologies and sustainability practices to enhance operational efficiency and minimize environmental impact, aligning with industry trends toward greener energy production.

Ticker Symbol: CRGY
Exchange: NYSE
Type: Common Stock
Country Origin: United States
GICS Sub Industry: Oil & Gas Exploration & Production

Average Volume 20d: 3,875,881
Last Price: $8.56
SMA 20: $8.48
SMA 50: $10.54
SMA 200: $12.31
ATR: 0.61

Market Cap: $2.145B USD
P/E: N/A
P/E Forward: 4.64
P/B: 0.51
P/S: 0.73
RoE: -3.65%

3-Month Forecast: Crescent Energy Co (CRGY) is anticipated to face short-term headwinds, as indicated by its SMA technical indicators. The stock price, currently at $8.56, is below the SMA 50 ($10.54) and SMA 200 ($12.31), suggesting potential downward pressure. The ATR of 0.61 indicates moderate volatility, with expected price fluctuations within a range of $8.00 to $9.50. However, the forward P/E of 4.64 and P/B ratio of 0.51 suggest undervaluation, which may attract value investors despite the negative RoE of -3.65%. Investors should monitor the companys ability to address profitability concerns and leverage its low valuation multiples for potential upside.