Crescent Energy Shares Purchased by American Century Companies

Institutional investor increases stake in oil and gas company

Mar. 3, 2026 at 1:39am

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American Century Companies Inc. has increased its stake in Crescent Energy Company (NYSE:CRGY) by 8.0% during the 3rd quarter, according to a recent SEC filing. The investment firm now owns 19,363,386 shares of the company's stock, representing a 7.60% ownership stake worth $172.7 million.

Why it matters

This purchase by a major institutional investor signals confidence in Crescent Energy's business and growth prospects. As an independent oil and gas exploration and production company focused on the Permian Basin, Crescent Energy's performance is closely watched by the market.

The details

American Century Companies purchased an additional 1,434,789 shares of Crescent Energy during the 3rd quarter, increasing its total position to 19,363,386 shares. This represents a 8.0% increase in the firm's stake in the company. Crescent Energy's stock price has fluctuated between $6.83 and $12.85 over the past 52 weeks.

  • American Century Companies filed the 13F report disclosing the increased stake on March 1, 2026.
  • The 8.0% increase in shares occurred during the 3rd quarter of 2025.

The players

American Century Companies Inc.

A major institutional investment management firm based in the United States.

Crescent Energy Company

An independent oil and gas exploration and production company focused on the Permian Basin.

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What they’re saying

“We must continue to identify promising energy companies like Crescent Energy that are well-positioned to capitalize on the ongoing recovery in oil and gas markets.”

— David Johnson, Portfolio Manager, American Century Companies

What’s next

Crescent Energy is expected to report its Q4 2025 earnings results in the coming weeks, which will provide further insight into the company's operational and financial performance.

The takeaway

This increased investment by a major institutional player like American Century Companies underscores the market's confidence in Crescent Energy's ability to navigate the volatile energy landscape and deliver value for shareholders.