CRGY vs PR vs DVN Stock Comparison

Crescent Energy, Permian Resources and Devon Energy Prices as of Oct 27, 2026 Peers: Industry group
CRGY Crescent Energy Co
$13.68 +4.0% 1M +62.5% 1Y
Market cap
$4.54B
P/E
83.0x
Revenue (TTM)
$4.31B
Div. yield
0.03%
Oil and Gas Exploration and Production Energy
4 wins
PR Permian Resources Corp
$25.48 +19.2% 1M +102.5% 1Y
Market cap
$21.47B
P/E
17.4x
Revenue (TTM)
$5.74B
Div. yield
–
Oil and Gas Exploration and Production Energy
6 wins
DVN Devon Energy Corp/De
$51.24 +8.9% 1M +55.6% 1Y
Market cap
$48.16B
P/E
14.7x
Revenue (TTM)
$20.38B
Div. yield
0.02%
Oil and Gas Exploration and Production Energy
2 wins

Head to Head

12 decided of 12

Permian Resources leads on 6 of the 12 questions below (Permian Resources 6, Crescent Energy 4, Devon Energy 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCRGYPRDVNLeader
Larger companyMarket capitalisation $4.54B $21.47B $48.16B DVN
Cheaper on earningsLower P/E, profitable companies only 83.0x 17.4x 14.7x DVN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 5.9x 11.3x 9.0x CRGY
Faster revenue growthRevenue growth, trailing twelve months +24.3% +12.8% +18.1% CRGY
More profitableNet margin, trailing twelve months 1.3% 21.5% 16.1% PR
Better return on capitalReturn on invested capital 4.2% 10.8% -3.5% PR
Less leveragedLower net debt / EBITDA 2.2x 0.7x 4.1x PR
Higher dividend yieldTrailing dividend yield 0.03% 0.00% 0.02% CRGY
Better 1-year returnPrice return, last 12 months +62.5% +102.5% +55.6% PR
Better 5-year returnAnnualised price return, 5 years — +28.2%/yr +4.8%/yr PR
Less volatileAnnualised volatility, 1 year 46.8% 33.1% 34.0% PR
Higher overall scoreMean of the five percentile scores vs peers 65/100 62/100 48/100 CRGY

Percentile Scorecard

CRGYPRDVN

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCRGYPRDVN
Valuation 90 #11 of 99 40 #60 of 99 39 #61 of 99
Growth 87 #14 of 97 85 #15 of 97 68 #32 of 97
Profitability 52 #47 of 96 87 #13 of 96 46 #52 of 96
Financial Health 21 #81 of 102 59 #42 of 102 38 #64 of 102
Shareholder Returns 77 #18 of 76 37 #48 of 76 49 #39 of 76
Overall 65 62 48
  • CRGY ranked among 103 companies in Oil and Gas Upstream
  • PR ranked among 103 companies in Oil and Gas Upstream
  • DVN ranked among 103 companies in Oil and Gas Upstream

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCRGYPRDVNSPY
1 month +4.0%+19.2%+8.9% -0.2%
3 months +31.2%+29.1%+20.1% +3.9%
6 months +4.7%+21.9%+3.6% +8.2%
Year to date +63.1%+81.6%+39.9% +12.9%
1 year +62.5%+102.5%+55.6% +12.3%
3 years +10.5%+74.0%+9.6% +87.4%
3 years, per year +3.4%+20.3%+3.1% +23.3%
5 years —+246.2%+26.5% +67.9%
5 years, per year —+28.2%+4.8% +10.9%
10 years —+75.5%+26.6% +261.1%
10 years, per year —+5.8%+2.4% +13.7%

Risk

MeasureCRGYPRDVNSPY
Volatility, 1Y 46.8%33.1%34.0% 12.7%
Downside volatility, 1Y 49.8%32.5%33.2% 12.7%
Beta vs S&P 500, 1Y -0.40-0.55-0.74 1.00
Return / volatility, 1Y 1.333.101.63 0.97
Max drawdown, 5Y -61.6%-44.3%-65.7% -25.4%
From 52-week high -6.6%-1.1%-1.6% -1.2%
52-week high $14.65$25.76$52.07 $779.14
52-week low $7.75$12.13$32.01 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCRGYPRDVN
P/E now vs peer median 82.5xmedian 13.0x 17.3xmedian 13.0x 14.6xmedian 13.0x
P/S now vs peer median 1.0xmedian 2.1x 3.7xmedian 2.1x 2.8xmedian 2.1x
EV/EBITDA now vs peer median 4.3xmedian 5.9x 5.8xmedian 5.9x 24.6xmedian 5.9x
P/FCF now vs peer median 8.3xmedian 11.1x 19.8xmedian 11.1x 38.2xmedian 11.1x
P/B now vs peer median 0.9xmedian 1.5x 1.8xmedian 1.5x 1.4xmedian 1.5x
PEG now vs peer median -1.49median 2.27 10.11median 2.27 -0.65median 2.27

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCRGYPRDVN
Revenue $4.31B $5.74B $20.38B
Gross profit – – $14.11B
Operating income $885.89M $2.06B -$1.35B
Net income $72.61M $1.31B $3.29B
Free cash flow $544.81M $1.08B $1.48B
R&D $17.81M $25.50M $54.00M
EPS (diluted) $0.14 $1.44 $3.49
Cash & equivalents $264.88M $131.72M –
Total debt $5.17B $2.99B $11.39B
Shares (diluted) 381.75M 855.24M 940.00M
Enterprise value $4.25B $20.90B $48.16B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCRGYPRDVN
P/E 82.5x 17.3x 14.6x
P/FCF 8.3x 19.8x 38.2x
P/Operating cash flow 2.3x 5.3x 6.6x
P/S 1.0x 3.7x 2.8x
P/B 0.9x 1.8x 1.4x
P/Tangible book 0.9x 1.8x 1.4x
EV/EBITDA 4.3x 5.8x 24.6x
EV/EBIT 10.6x 11.8x -50.1x
EV/Revenue 2.2x 4.2x 3.3x
EV/FCF 17.3x 22.5x 45.9x
EV/Operating cash flow 4.8x 6.1x 7.9x
PEG (3Y EPS CAGR) -1.49 10.11 -0.65

Growth

14 metrics
MetricCRGYPRDVN
Revenue growth (1Y) 24.3% 12.8% 18.1%
Revenue CAGR (3Y) 17.9% 31.0% 5.9%
Gross profit growth (1Y) – – 18.4%
Gross profit CAGR (3Y) – – 4.9%
Operating income growth (1Y) 308.4% 26.7% 11.9%
Operating income CAGR (3Y) 6.4% 27.7% -44.2%
Net income growth (1Y) 732.4% -3.1% 13.2%
Net income CAGR (3Y) -57.1% 12.8% -11.9%
EPS growth (1Y) 60.0% -5.5% -22.0%
EPS CAGR (3Y) -55.5% 1.7% -22.4%
Operating cash flow growth (1Y) 23.4% 6.1% 25.5%
Operating cash flow CAGR (3Y) 23.6% 30.3% 6.4%
Free cash flow growth (1Y) 176.9% 280.2% 337.8%
Free cash flow CAGR (3Y) 23.7% 36.3% 11.7%

Profitability

14 metrics
MetricCRGYPRDVN
Gross margin – – 69.3%
EBITDA margin 51.1% 72.2% 13.5%
Operating margin 20.6% 35.8% -6.6%
Pretax margin 3.5% 29.0% -8.8%
Net margin 1.3% 21.5% 16.1%
FCF margin 12.6% 18.8% 7.2%
Operating cash flow margin 45.5% 69.6% 42.0%
Return on equity 1.5% 11.2% 11.5%
Return on assets 0.6% 7.2% 6.4%
Return on invested capital 4.2% 10.8% -3.5%
Return on capital employed 8.2% 12.6% -3.0%
Asset turnover 0.4x 0.3x 0.4x
Cash conversion (OCF / net income) 27.0x 3.1x 2.6x
Stock comp / revenue 4.0% 1.2% 0.7%

Financial Health

11 metrics
MetricCRGYPRDVN
Debt / assets 43.0% 16.2% 16.1%
Debt / equity 1.0x 0.2x 0.3x
Net debt / EBITDA 2.2x 0.7x 4.1x
Debt / FCF 9.5x 2.8x 7.7x
Liabilities / assets 57.0% 35.1% 41.1%
Equity / assets 43.0% 64.9% 58.9%
Interest coverage 2.5x 7.8x -2.7x
Current ratio 0.9x 0.6x 0.7x
Quick ratio 0.8x 0.7x –
Cash ratio 0.2x 0.1x –
Altman Z-score 1.00 2.76 1.58

Shareholder Returns

7 metrics
MetricCRGYPRDVN
Dividend yield 3.5% 2.5% 2.2%
Net buyback yield 0.0% 0.1% 1.4%
Shareholder yield 3.5% 2.6% 3.5%
Payout ratio (earnings) 192.9% – 25.0%
Payout ratio (FCF) 25.7% – 55.6%
Dividend growth (1Y) 50.5% – 11.9%
Dividend CAGR (3Y) 68.4% – -34.6%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCRGYPRDVN
Forward P/E 5.9xFY2026 11.3xFY2026 9.0xFY2026
EPS, next fiscal year $2.30FY2026 $2.26FY2026 $5.69FY2026
EPS growth, next FY +27.8%FY2026 +76.6%FY2026 +45.2%FY2026
EPS growth, the year after +20.4% +11.1% -5.1%
Revenue, next fiscal year $4.66BFY2026 $6.46BFY2026 $24.57BFY2026
Revenue growth, next FY +30.0%FY2026 +27.5%FY2026 +42.9%FY2026
Revenue growth, the year after +23.4% +15.3% +2.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCRGYPRDVN
Held by institutions 90.7% 91.3% 92.2%
Institutions holding 360 615 1,459
Change in shares held, QoQ -0.2% +3.4% +86.7%
Institutions buying 214 349 1,139
Institutions selling 84 183 231
Buyers to sellers 2.55 1.91 4.93

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CRGYPRDVN
CRGY 1.00 0.81 0.75
PR 0.81 1.00 0.83
DVN 0.75 0.83 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CRGY, PR and DVN?

Devon Energy (DVN) is the largest by market capitalisation: Crescent Energy (CRGY) $4.54B, Permian Resources (PR) $21.47B, Devon Energy (DVN) $48.16B.

Which stock is cheaper, CRGY, PR and DVN?

Devon Energy (DVN) trades on the lowest price-to-earnings ratio (Crescent Energy (CRGY) 83.0x, Permian Resources (PR) 17.4x, Devon Energy (DVN) 14.7x). On next year's consensus earnings, Crescent Energy (CRGY) is cheapest (Crescent Energy (CRGY) 5.9x, Permian Resources (PR) 11.3x, Devon Energy (DVN) 9.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Crescent Energy (CRGY) grew revenue fastest over the trailing twelve months: Crescent Energy (CRGY) +24.3%, Permian Resources (PR) +12.8%, Devon Energy (DVN) +18.1%.

Which company is more profitable?

Permian Resources (PR) has the highest net margin (Crescent Energy (CRGY) 1.3%, Permian Resources (PR) 21.5%, Devon Energy (DVN) 16.1%). On return on invested capital, Permian Resources (PR) leads (Crescent Energy (CRGY) 4.2%, Permian Resources (PR) 10.8%, Devon Energy (DVN) -3.5%).

Which stock has performed better?

Over the past year Permian Resources (PR) returned the most: Crescent Energy (CRGY) +62.5%, Permian Resources (PR) +102.5%, Devon Energy (DVN) +55.6%. Over five years, Permian Resources (PR) compounded fastest (Permian Resources (PR) +28.2%/yr, Devon Energy (DVN) +4.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Crescent Energy (CRGY) has the highest dividend yield: Crescent Energy (CRGY) 0.03%, Permian Resources (PR) 0.00%, Devon Energy (DVN) 0.02%. Permian Resources (PR) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Permian Resources (PR) has been the steadiest (Crescent Energy (CRGY) 46.8%, Permian Resources (PR) 33.1%, Devon Energy (DVN) 34.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CRGY, PR and DVN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Permian Resources (PR) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.