Analyzing Crescent Energy (NYSE:CRGY) and DHT (NYSE:DHT)

Crescent Energy (NYSE:CRGY) and DHT (NYSE:DHT) are both mid-cap energy companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, analyst recommendations, risk, institutional ownership, dividends, valuation and earnings.

Dividends

Crescent Energy pays an annual dividend of $0.48 per share and has a dividend yield of 3.7%. DHT pays an annual dividend of $4.88 per share and has a dividend yield of 19.6%. Crescent Energy pays out -960.0% of its earnings in the form of a dividend. DHT pays out 166.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Crescent Energy has raised its dividend for 1 consecutive years.

Insider and Institutional Ownership

52.1% of Crescent Energy shares are held by institutional investors. Comparatively, 58.5% of DHT shares are held by institutional investors. 13.2% of Crescent Energy shares are held by company insiders. Comparatively, 1.6% of DHT shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Profitability

This table compares Crescent Energy and DHT’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Crescent Energy	1.27%	10.52%	4.44%
DHT	65.52%	39.40%	28.63%

Earnings and Valuation

This table compares Crescent Energy and DHT”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Crescent Energy	$3.58 billion	1.18	$132.91 million	($0.05)	-256.70
DHT	$498.40 million	8.06	$211.09 million	$2.94	8.49

DHT has lower revenue, but higher earnings than Crescent Energy. Crescent Energy is trading at a lower price-to-earnings ratio than DHT, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a breakdown of current ratings and price targets for Crescent Energy and DHT, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Crescent Energy	1	4	11	2	2.78
DHT	0	2	2	1	2.80

Crescent Energy presently has a consensus price target of $17.14, indicating a potential upside of 33.56%. DHT has a consensus price target of $21.00, indicating a potential downside of 15.85%. Given Crescent Energy’s higher possible upside, equities analysts plainly believe Crescent Energy is more favorable than DHT.

Volatility & Risk

Crescent Energy has a beta of 1.6, suggesting that its share price is 60% more volatile than the S&P 500. Comparatively, DHT has a beta of -0.03, suggesting that its share price is 103% less volatile than the S&P 500.

Summary

DHT beats Crescent Energy on 10 of the 18 factors compared between the two stocks.

About Crescent Energy

Crescent Energy Company acquires, develops, and produces crude oil, natural gas, and natural gas liquids (NGLs) reserves. Its portfolio of assets comprises mid-cycle unconventional and conventional assets in the Eagle Ford and Uinta Basins. It also owns and operates various midstream assets, which provide services to customers. The company is based in Houston, Texas.

About DHT

DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, and Norway. The company also offers technical management services. As of March 15, 2024, it had a fleet of 24 very large crude carriers. The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.