Crescent Energy (CRGY) Stock News: October 2026

Wells Fargo increased its price target for Crescent Energy from $19.00 to $20.00 per share.

Fitch Ratings placed Crescent Energy's long-term IDRs on Rating Watch Positive following the company's agreement to acquire Eagle Ford assets from Devon Energy for $3.85 billion in cash. Fitch also assigned a 'BB+'/'RR1' rating to Crescent's proposed first-lien secured term loan B. The rating watch is expected to be resolved upon closing of the transaction, targeted for end-2026 or early 2027.