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Siebert Williams Shank & Co Remains a Buy on Crescent Energy Company Class A (CRGY)

Tipranks - Fri Feb 27, 5:56AM CST

Siebert Williams Shank & Co analyst Gabriele Sorbara maintained a Buy rating on Crescent Energy Company Class A today and set a price target of $14.00.

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Sorbara covers the Energy sector, focusing on stocks such as Coterra Energy, Devon Energy, and Ovintiv. According to TipRanks, Sorbara has an average return of 14.5% and a 63.92% success rate on recommended stocks.

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

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

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