Crescent Energy to Pay $0.12 Dividend, Yielding 5.2%

Crescent Energy Company (NYSE:CRGY) will pay a dividend of $0.12 per share on September 2nd. The dividend yield is 5.2%. However, the dividend payment is high compared to earnings and the company has generated negative free cash flows in the past. Analysts expect a significant rise in earnings per share in the next year, which may make the dividend more sustainable. Nevertheless, the dividend has been unstable in the past, and the company's earnings per share has declined by 75% over the past three years.

Title: Crescent Energy Company Declares Quarterly Dividend Amid Positive Earnings Outlook

Crescent Energy Company (NYSE: CRGY) has announced a quarterly dividend of $0.12 per share, payable on September 2, 2025. This dividend is in line with the previous declaration and comes as the company reported strong earnings and a robust free cash flow outlook for the second quarter of 2025 [2].

The company's dividend yield stands at 5.2%, which is attractive compared to the average yield of 4.4% among energy stocks in Dividend Channel's coverage universe [3]. However, the dividend payment is relatively high compared to the company's earnings and past free cash flows, which have been negative. Despite this, analysts anticipate a significant rise in earnings per share (EPS) in the coming year, which could make the dividend more sustainable [2].

Crescent Energy's earnings call for the second quarter of 2025 highlighted record production and operational efficiencies. The company reported 263,000 barrels of oil equivalent per day, with 108,000 barrels of oil per day, and generated $171 million in free cash flow for the quarter [2]. Management emphasized operational savings, strategic asset moves, and a transition to a single share class to simplify stock positioning.

The company's financial results also included $514 million in adjusted EBITDA and $265 million in capital expenditures. Liquidity increased to $1.750 billion after repaying $200 million of debt, and the company repurchased $28 million of stock at a weighted average price of $7.88 [2].

Analysts expressed constructive interest in Crescent Energy's operational efficiencies and capital allocation strategy. Management maintained a confident tone, highlighting the company's ability to capitalize on market volatility and deliver increased value for shareholders through operational excellence and flexible capital deployment [2].

However, the company faces ongoing commodity price volatility and market dislocation, particularly in the asset acquisition and divestment market. Management cited these challenges but reaffirmed their deleveraging targets and flexibility to pivot capital allocation [2].

References:
[1] https://seekingalpha.com/news/4479507-crescent-energy-company-declares-0_12-dividend
[2] https://seekingalpha.com/news/4478920-crescent-energy-outlines-enhanced-free-cash-flow-outlook-with-171m-generated-in-q2-2025-amid
[3] https://www.nasdaq.com/articles/stock-has-520-yield-and-sells-less-book