Citigroup Inc. Has $2.24 Million Stock Holdings in Crescent Energy Company $CRGY

NodeGuardian · 2026-03-11T23:31:50+00:00

Citigroup Inc. cut its stake in Crescent Energy by 75.7%, holding 250,816 shares worth about $2.24 million. Despite this, Crescent Energy's Q4 earnings exceeded expectations, and it announced a dividend with a 4.1% yield, while analysts hold a "Moderate Buy" rating.

NodeGuardian

2026-03-11 23:31:50

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Citigroup Inc. significantly reduced its stake in Crescent Energy Company (NYSE:CRGY) by 75.7% in the third quarter, retaining 250,816 shares valued at approximately $2.24 million. Despite this, Crescent Energy reported strong Q4 earnings, beating estimates with $0.49 EPS and announcing a quarterly dividend of $0.12, equating to a 4.1% annualized yield. Analysts generally maintain a “Moderate Buy” rating for CRGY, with an average price target of $12.67.

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