Crescent Energy Dividend Information: Key Insights Before Ex-Dividend Date on May 19, 2025

Crescent Energy has announced a dividend of $0.120 per share, with the announcement made on May 5th, 2025. The ex-dividend date is May 19th, 2025, and the payment date is scheduled for Jun 2nd, 2025. This dividend is slightly lower than the average of the company's last ten dividends, which stands at $0.135. The previous dividend, declared on Mar 26th, 2025, was also $0.120 per share. The dividends are distributed in cash.

Recently, Crescent Energy has seen several noteworthy developments potentially impacting its market performance. Over the past week, Mizuho adjusted its price target for Crescent Energy, lowering it from $13 to $12 due to a revised outlook on global oil prices. This adjustment followed the release of Crescent Energy's first-quarter earnings report, which showed strong fundamentals, including record production and free cash flow exceeding $240 million. Analysts indicated that the company's strategy, focusing on generating substantial free cash flow with a lower decline and less capital-intensive business model, has remained consistent for over a decade.

As of late, Crescent Energy reported an analyst consensus of Strong Buy with a price target consensus of $13.88, indicating a potential upside from current levels. The company has hedged approximately 60% of its 2025 oil and natural gas production at a premium to current market pricing, providing stability in volatile markets. Despite facing risks such as commodity price volatility and geopolitical conflicts, Crescent Energy's liquidity remains robust, with approximately $1.4 billion and no near-term maturities.

In conclusion, Crescent Energy presents a compelling opportunity for investors, particularly with its upcoming ex-dividend date on May 19th, 2025. This date marks the last opportunity for investors to purchase shares and receive the dividend, as acquisitions made after this date will not be eligible for the current dividend payout.