Crescent Energy Co (CRGY) - Friday, Jun 20, 2025

Key points (machine generated)

• Crescent Energy Company (CRGY) is an acquisition-focused oil and gas firm trading at 3.4x EBITDA with a 28% free cash flow yield and a 5% dividend yield.
• Formed in 2021 through the merger of Independence Energy LLC and Contango Oil & Gas, CRGY employs an 'acquire-and-exploit' strategy for growth.
• The company targets a 2x multiple of invested capital with payback periods of less than five years for acquisitions and three years for drilling, while managing cash flow prudently.

This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.