Crescent Energy Company (NYSE: CRGY) saw its share price drop by 7.33% between November 11 and November 18, 2025, making it one of the Energy Stocks that Lost the Most This Week. Piper Sandler analyst Mark Lear recently cut CRGY’s price target from $15 to $13, citing a challenging oil macro environment despite positive Q3 results.
In Q3, Crescent Energy (CRGY) posted strong results with adjusted EPS of $0.35, beating expectations by $0.04, and revenue growing by 16.3% YoY to $866 million. The company also agreed to sell its drilling portfolio in the US Rocky Mountain region for over $400 million to strengthen its balance sheet and focus on core acreage in the Eagle Ford and Uinta basins.
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Read more at Yahoo Finance: Crescent Energy (CRGY) Price Target Cut by Piper Sandler
