Skip to main content

Siebert Williams Shank & Co Sticks to Their Buy Rating for Crescent Energy Company Class A (CRGY)

Tipranks - Wed Feb 18, 6:27AM CST

In a report released on February 13, Gabriele Sorbara from Siebert Williams Shank & Co maintained a Buy rating on Crescent Energy Company Class A, with a price target of $14.00. The company’s shares closed last Friday at $10.23.

President's Day Sale - 70% Off

According to TipRanks, Sorbara is a 5-star analyst with an average return of 15.1% and a 63.49% success rate. Sorbara covers the Energy sector, focusing on stocks such as Coterra Energy, Devon Energy, and CNX Resources.

In addition to Siebert Williams Shank & Co, Crescent Energy Company Class A also received a Buy from TipRanks – PerPlexity’s PerPlexity Oil and Gas Exploration and Production in a report issued on February 4. However, on the same day, TipRanks – OpenAI downgraded Crescent Energy Company Class A (NYSE: CRGY) to a Hold.

Based on Crescent Energy Company Class A’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $866.58 million and a GAAP net loss of $9.51 million. In comparison, last year the company earned a revenue of $744.87 million and had a GAAP net loss of $9.95 million

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.