Crescent Energy Company (NYSE:CRGY) is scheduled to announce its fiscal fourth-quarter 2025 results on February 25. Analysts have set a 12-month price target indicating more than 67% upside from current levels.
On January 9, Phillip Jungwirth of BMO Capital Markets initiated coverage on Crescent Energy with a Buy rating and a $10 price target. Earlier, on December 16, Evercore ISI resumed coverage with an Outperform rating and a $13 price target.
BMO Capital Markets analysts noted that Crescent Energy has undergone a major strategic transformation over the past two years, driven by acquisitions in the Eagle Ford basin. The firm also highlighted the company's entry into the Permian basin and divestiture of non-Eagle Ford and Uinta positions.
The analysts believe these moves have helped improve the company's margins and cost structures. BMO views 2026 as a transition year for Crescent Energy, with legacy Vital production expected to decline to a sustainable baseline. The firm anticipates slowing oil prices, contributing to its Hold rating.
Crescent Energy Company operates as an energy company engaged in the production and exploration of natural gas, crude oil, and natural gas liquids across the United States. The company primarily operates in Texas and the Rocky Mountain region.