Crescent Energy Company (CRGY) Is A Top Stock In Miller Value Partners’ Filings

We recently published Bill Miller Portfolio: Top 10 Stock Picks. Crescent Energy Company (NYSE:CRGY) is one of the top stock picks.

Crescent Energy Company (NYSE:CRGY) is a mid sized oil and gas exploration and production company. Its shares are up by 2.4% over the past year and by 11% year-to-date. Raymond James discussed the firm on June 18th as it reduced the share price target to $18 from $20 and kept a Strong Buy rating on the stock. The coverage followed the dip in oil prices as hostilities in the Middle East eased. On May 27th, Mizuho raised Crescent Energy Company (NYSE:CRGY)’s share price target to $15 from $14 and kept a Neutral rating on the shares. Unsurprisingly, the revision stemmed from Mizuho’s optimism about rising oil prices.

Crescent Energy Company (NYSE:CRGY) is due to report its fiscal second quarter earnings on August 4th. It reported its first quarter earnings on May 4th and posted $1.18 billion in revenue and $0.53 in adjusted earnings per share.

Crescent Energy Company (CRGY) Is A Top Stock In Miller Value Partners' Filings

American Century Investments Small Cap Value Fund discussed Crescent Energy Company (NYSE:CRGY) in its Q1 2026 investor letter:

“Crescent Energy Company (NYSE:CRGY). The Houston-based independent oil and gas companies saw their shares move higher during the quarter primarily due to the spike in oil prices. Implications of the Strait of Hormuz remaining partially closed also supported the higher share price.”

While we acknowledge the risk and potential of CRGY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CRGY and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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