Group 1 - Crescent Energy (CRGY) is currently outperforming its Oils-Energy peers with a year-to-date performance of approximately 10.6%, compared to the sector average of 9.5% [4] - Crescent Energy is ranked 7 in the Zacks Sector Rank among 248 companies in the Oils-Energy group, indicating a strong position within the sector [2] - The Zacks Rank for Crescent Energy is 2 (Buy), reflecting a positive earnings outlook and strong analyst sentiment, with a 46.7% increase in the consensus estimate for full-year earnings over the past 90 days [3][4] Group 2 - Crescent Energy is part of the Alternative Energy - Other industry, which has seen an average gain of 86.9% this year, indicating that CRGY is slightly underperforming its industry [6] - Kodiak Gas Services (KGS) is another notable stock in the Oils-Energy sector, with a year-to-date return of 19.6% and a Zacks Rank of 1 (Strong Buy) [5] - The Oil and Gas - Mechanical and Equipment industry, to which Kodiak Gas Services belongs, has experienced a year-to-date increase of 16.9% [6]
Is Crescent Energy Company (CRGY) Stock Outpacing Its Oils-Energy Peers This Year?