Crescent Energy Shares Surge as Analysts Weigh In

Shares of the Oklahoma-based oil and gas company jump after positive analyst ratings

Mar. 2, 2026 at 1:23pm

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Shares of Crescent Energy Company (NYSE:CRGY) saw a significant jump in trading on Monday, opening at $12.32 after previously closing at $11.66. The stock closed the day at $12.09, with over 1.5 million shares traded. The surge comes after a number of analyst rating changes, including an upgrade from Weiss Ratings and a rating change from Zacks Research.

Why it matters

Crescent Energy is an independent oil and gas exploration and production company focused on the Permian Basin. Positive analyst sentiment and a jump in the stock price could signal increased investor confidence in the company's operations and future prospects, especially given the volatility in the energy sector in recent years.

The details

Several research analysts have weighed in on Crescent Energy in recent weeks. Weiss Ratings upgraded the stock from a "sell (d+)" rating to a "hold (c)" rating on Friday. Zacks Research also upgraded the stock from a "strong sell" rating to a "hold" rating in a research note on Tuesday, January 20th. Mizuho raised their price target on Crescent Energy from $11.00 to $12.00 and gave the stock a "neutral" rating in a research note on Friday, December 12th. However, Wall Street Zen lowered their rating on the stock from "buy" to "hold" on November 8th.

  • Crescent Energy shares opened at $12.32 on Monday, March 2, 2026, up from a previous close of $11.66.
  • The stock closed the day at $12.09 on March 2, 2026, with over 1.5 million shares traded.

The players

Crescent Energy Company

An independent exploration and production company focused on the Permian Basin in Oklahoma.

Weiss Ratings

A financial research firm that upgraded Crescent Energy's rating from "sell (d+)" to "hold (c)".

Zacks Research

A research firm that upgraded Crescent Energy's rating from "strong sell" to "hold".

Mizuho

A financial services group that raised Crescent Energy's price target from $11.00 to $12.00 and maintained a "neutral" rating.

Wall Street Zen

A research firm that lowered Crescent Energy's rating from "buy" to "hold".

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

The takeaway

The jump in Crescent Energy's stock price and the mixed analyst ratings highlight the volatility and uncertainty in the energy sector, but also suggest potential upside for the company if it can continue to navigate the challenging market conditions.