Crescent Energy (NYSE:CRGY) Has Announced A Dividend Of $0.12 [Yahoo! Finance]
Crescent Energy Company (CRGY)
Company Research
Source: Yahoo! Finance
Check out our latest analysis for Crescent Energy Even a low dividend yield can be attractive if it is sustained for years on end. Prior to this announcement, Crescent Energy's dividend was making up a very large proportion of earnings, and the company was also not generating any cash flow to offset this. Generally, we think that this would be a risky long term practice. Over the next year, EPS is forecast to expand by 182.4%. If the dividend continues along recent trends, we estimate the payout ratio will be 47%, which would make us comfortable with the sustainability of the dividend, despite the levels currently being quite high. Even in its short history, we have seen the dividend cut. The most recent annual payment of $0.48 is about the same as the annual payment 3 years ago. Modest growth in the dividend is good to see, but we think this is offset by historical cuts to the payments. It is hard to live on a dividend income if the company's earnings are not consistent. Wit
Show less
Read more
Impact Snapshot
Event Time:
CRGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CRGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CRGY alerts
High impacting Crescent Energy Company news events
Weekly update
A roundup of the hottest topics
CRGY
News
- Arnold Van Den Berg's Strategic Exits and New Positions in Q3 2024, Highlighting WestRock Co [Yahoo! Finance]Yahoo! Finance
- There May Be Underlying Issues With The Quality Of Crescent Energy's (NYSE:CRGY) Earnings [Yahoo! Finance]Yahoo! Finance
- Encore Wire Corp Exits Highlight Chuck Royce's Latest Investment Moves [Yahoo! Finance]Yahoo! Finance
- Crescent Energy Co (CRGY) Q3 2024 Earnings Call Highlights: Record Production and Strategic Growth [Yahoo! Finance]Yahoo! Finance
- Crescent Energy (NYSE: CRGY) had its price target raised by analysts at Mizuho from $13.00 to $14.00. They now have a "neutral" rating on the stock.MarketBeat
CRGY
Earnings
- 11/4/24 - Miss
CRGY
Sec Filings
- 11/13/24 - Form SC
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- CRGY's page on the SEC website