Latest news with #CRGY
Business Insider
4 days ago
- Business
- Business Insider
3 'Strong Buy' Dividend Stocks with Over 20% Upside, According to Analysts, 8/17/2025
Dividend-paying stocks are a great way to generate passive income and can be considered a safe bet in the current uncertain market situation. Furthermore, these stocks have the potential to generate notable capital gains. To assess these returns, investors can use TipRanks' Dividend Calculator, which helps estimate future income based on investment size. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Leveraging TipRanks' Best Dividend Stocks Screener, we have identified three stocks with Strong Buy ratings from analysts. These stocks also offer a dividend yield above 5%, and analysts see double-digit upside for each in the next 12 months. Click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio. Here are this week's stocks: Crescent Energy (CRGY) – Crescent Energy is an independent energy company focused on acquiring, developing, and producing oil and natural gas assets in the U.S. The stock carries a dividend yield of 5.1% and a Smart Score of Nine. Interestingly, seven out of the nine Wall Street analysts covering CRGY stock have rated it a Buy, with their 12-month consensus price target indicating an upside of about 52.44%. CRGY stock is up 5% over the past three months. Copa Holdings (CPA) – Copa Holdings is a Panama-based airline group that operates flights across the Americas through its subsidiaries Copa Airlines and Wingo. The stock carries a dividend yield of 5.53% and a Smart Score of 'Perfect 10.' In the last three months, all seven Wall Street analysts covering CPA stock have rated it a Strong Buy, with their 12-month consensus price target indicating an upside of about 26.31%. COPA stock is up 13% over the past three months. Amcor (AMCR) – Amcor is a global company that makes flexible and rigid packaging for food, beverage, healthcare, and personal care products. The stock has a dividend yield of 5.79% and a Smart Score of Nine. Interestingly, six out of the eight Wall Street analysts covering AMCR stock have rated it a Buy, with their 12-month consensus price target indicating an upside of about 22.45%. AMCR stock is down 7.5% over the past three months. TipRanks Smart Dividends Newsletter delivers a weekly high-quality dividend stock recommendation, backed by detailed analysis and up-to-date market insights. A well-chosen dividend stock can enhance your income investment portfolio and potentially yield long-term returns.
Yahoo
10-08-2025
- Business
- Yahoo
Crescent Energy Company (CRGY) Releases Q2 2025 Earnings
Crescent Energy Company (NYSE:CRGY) is included in our list of the 13 Best Oil Refinery Stocks to Buy Right Now. An oil rig towering over an expansive horizon of land and sky. On August 4, 2025, Crescent Energy Company (NYSE:CRGY) announced results for Q2 2025. The quarter was marked by record production of 263 Mboe/d, helping it to generate $499 million in operating cash flow and $171 million in levered free cash flow. Crescent Energy's operational efficiency allowed it to reduce its drilling and completion costs by 15%, resulting in net income of $162 million. Furthermore, with a $72 million acquisition, Crescent Energy Company (NYSE:CRGY) expanded its mineral portfolio. Its YTD non-core divestiture reached $110 million, which includes the $22 million Eagle Ford sale in July and $83 million Permian sale in April. The company's strong performance also allowed it to repurchase $28 million in shares while refinancing debt in July, reducing its interest expense. The company's full-year guidance reflects its operational momentum, along with favorable tax updates from the July 4 'One Big Beautiful Bill Act.' Crescent Energy Company (NYSE:CRGY) also announced a $0.12/share dividend, which is payable on September 2 to shareholders of record as of August 18. Operating in the U.S., Crescent Energy Company (NYSE:CRGY) explores for and produces crude oil, natural gas, and natural gas liquids. While we acknowledge the potential of CRGY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Cheap Value Stocks to Buy Now According to Warren Buffett and 7 Best Potash Stocks to Buy According to Analysts. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-07-2025
- Business
- Yahoo
Earnings Preview: Crescent Energy (CRGY) Q2 Earnings Expected to Decline
Wall Street expects a year-over-year decline in earnings on higher revenues when Crescent Energy (CRGY) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on August 4, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Zacks Consensus Estimate This oil and gas company is expected to post quarterly earnings of $0.23 per share in its upcoming report, which represents a year-over-year change of -25.8%. Revenues are expected to be $895.46 million, up 37.1% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 17.02% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for Crescent Energy? For Crescent Energy, the Most Accurate Estimate is the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%. On the other hand, the stock currently carries a Zacks Rank of #1. So, this combination makes it difficult to conclusively predict that Crescent Energy will beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Crescent Energy would post earnings of $0.47 per share when it actually produced earnings of $0.56, delivering a surprise of +19.15%. Over the last four quarters, the company has beaten consensus EPS estimates four times. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Crescent Energy doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Expected Results of an Industry Player Among the stocks in the Zacks Alternative Energy - Other industry, TC Energy (TRP), is soon expected to post earnings of $0.57 per share for the quarter ended June 2025. This estimate indicates a year-over-year change of -17.4%. This quarter's revenue is expected to be $2.55 billion, down 14.6% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for TC Energy has been revised 2.7% down to the current level. Nevertheless, the company now has an Earnings ESP of +0.96%, reflecting a higher Most Accurate Estimate. This Earnings ESP, combined with its Zacks Rank #3 (Hold), suggests that TC Energy will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Crescent Energy Company (CRGY) : Free Stock Analysis Report TC Energy Corporation (TRP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-06-2025
- Business
- Yahoo
Crescent Energy (CRGY) Fell This Week. Here is Why.
The share price of Crescent Energy Company (NYSE:CRGY) fell by 9.66% between June 18 and June 25, 2025, putting it among the Energy Stocks that Lost the Most This Week. View of an oil & gas exploratory platform, surrounded by a vast expanse of sea & sky. Crescent Energy Company (NYSE:CRGY) is a differentiated energy company with operations focused in Texas and the Rockies. The company also operates conventional assets in Wyoming, where it is active in carbon capture, use, and storage. Crescent Energy Company (NYSE:CRGY) took a hit after the company announced a strategic financial restructuring this week. Crescent Energy revealed that it plans to issue $600 million of 8.375% Senior Notes due 2034 in a private placement to eligible purchasers. The offering size was previously announced at $500 million, but the company later raised it by another $100 million. The move is aimed at optimizing debt and enhancing financial flexibility, with the proceeds going to fund a tender offer to purchase a portion of Crescent Energy Company (NYSE:CRGY)'s outstanding 9.250% Senior Notes due 2028. While we acknowledge the potential of CRGY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and 12 Best Natural Gas Stocks to Buy According to Analysts Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-05-2025
- Business
- Yahoo
Crescent Energy: Q1 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — Crescent Energy Company (CRGY) on Monday reported a loss of $2.2 million in its first quarter. On a per-share basis, the Houston-based company said it had a loss of 1 cent. Earnings, adjusted for non-recurring costs, came to 56 cents per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share. The oil and gas company posted revenue of $950.2 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $937.1 million. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on CRGY at Sign in to access your portfolio
