12 Low Priced Stocks to Buy with High Upside Potential

5. Crescent Energy Company (NYSE:CRGY)

Market Capitalization as of December 26: $2.71 billion

Share Price as of December 26: $8.25

Number of Hedge Fund Holders: 38

Average Upside Potential as of December 26: 69.70%

Crescent Energy Company (NYSE:CRGY) is one of the low priced stocks to buy with high upside potential. On December 16, Evercore ISI resumed coverage of Crescent Energy with an Outperform rating and $13 price target. With the Vital Energy acquisition finalized, the company has ascended to the ranks of the top ten independent US E&P players. The firm described the deal as a step change that supports the firm’s geographic footprint and ensures the long-term sustainability of its free cash flow.

Earlier on December 3, Crescent Energy Company (NYSE:CRGY) announced a further expansion of its non-core divestiture program with the sale of its non-operated DJ Basin assets to a private buyer. The transaction was valued at $90 million in cash (subject to standard adjustments) and involves assets primarily located in Weld County, Colorado. These assets currently produce approximately 7 Mboe/d, with an oil composition of roughly 20%.

The sale represents the company’s sixth accretive asset divestiture of the year. To date in 2025, Crescent has signed agreements for non-core sales totaling more than $900 million. The company confirmed it has already finalized the previously announced sales of its conventional Rockies and Barnett assets, and it expects all remaining announced divestitures to be completed before the end of the year.

Crescent Energy Company (NYSE:CRGY) is an energy company that explores and produces crude oil, natural gas, and natural gas liquids in the US.