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Crescent Energy Co (Crescent Energy Co) Dividend Payout Ratio : 0.31 (As of Mar. 2024)


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What is Crescent Energy Co Dividend Payout Ratio?

Crescent Energy Co's dividend payout ratio for the months ended in Mar. 2024 was 0.31.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Crescent Energy Co is 0.80, which seems too high.

The historical rank and industry rank for Crescent Energy Co's Dividend Payout Ratio or its related term are showing as below:

CRGY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.81   Max: 1.49
Current: 0.8


During the past 6 years, the highest Dividend Payout Ratio of Crescent Energy Co was 1.49. The lowest was 0.12. And the median was 0.81.

CRGY's Dividend Payout Ratio is ranked worse than
70.99% of 455 companies
in the Oil & Gas industry
Industry Median: 0.45 vs CRGY: 0.80

As of today (2024-05-12), the Dividend Yield % of Crescent Energy Co is 3.95%.

During the past 6 years, the highest Trailing Annual Dividend Yield of Crescent Energy Co was 6.93%. The lowest was 0.63%. And the median was 4.65%.

Crescent Energy Co's Dividends per Share for the months ended in Mar. 2024 was $0.12.

During the past 12 months, Crescent Energy Co's average Dividends Per Share Growth Rate was -29.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Crescent Energy Co Dividend Payout Ratio Historical Data

The historical data trend for Crescent Energy Co's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Crescent Energy Co Dividend Payout Ratio Chart

Crescent Energy Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial - - - 0.12 1.49

Crescent Energy Co Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 1.09 0.19 0.15 0.31

Competitive Comparison of Crescent Energy Co's Dividend Payout Ratio

For the Oil & Gas E&P subindustry, Crescent Energy Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Crescent Energy Co's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Crescent Energy Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Crescent Energy Co's Dividend Payout Ratio falls into.



Crescent Energy Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Crescent Energy Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.53/ 0.355
=1.49

Crescent Energy Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.12/ 0.391
=0.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Crescent Energy Co (NYSE:CRGY) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Crescent Energy Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Crescent Energy Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Crescent Energy Co (Crescent Energy Co) Business Description

Traded in Other Exchanges
N/A
Address
600 Travis Street, Suite 7200, Houston, TX, USA, 77002
Crescent Energy Co an independent energy company with a portfolio of assets in key basins across the lower 48 states. The company maintains a diverse portfolio of assets in key proven basins across the United States, including the Eagle Ford, Rockies, Barnett, Permian, and Mid-Con. It seeks to deliver attractive risk-adjusted investment returns and predictable cash flows across cycles with a focus on operated oil and gas assets complemented by non?operated assets, mineral and royalty interests, and midstream infrastructure.
Executives
David C. Rockecharlie director, officer: Chief Executive Officer 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Brandi Kendall director, officer: Chief Financial Officer 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Independence Energy Aggregator L.p. 10 percent owner 600 TRAVIS STREEET, SUITE 7200, HOUSTON TX 77002
Kkr Group Partnership L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Todd Falk officer: Chief Accounting Officer 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Bo Shi officer: See Remarks 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
John Clayton Rynd officer: Executive Vice President 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Teacher Retirement System Of Texas 10 percent owner 1000 RED RIVER STREET, AUSTIN TX 78701
Benjamin Conner officer: Executive Vice President 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Kkr Group Co. Inc. 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001
Karen Jo Simon director 1918 OLIVE STREET, #2904, DALLAS TX 75201
Bevin Brown director 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Erich Bobinsky director 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Kkr Group Assets Holdings Iii L.p. 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Group Assets Iii Gp Llc 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001