Linden Advisors 13F: New $13M Stake in Crescent Energy (CRGY)

Linden Advisors Builds Position in Crescent Energy

Linden Advisors has taken a brand new position in Crescent Energy Company, acquiring 1,326,700 shares of the oil and gas producer. According to a Form 13F filing with the Securities and Exchange Commission for the reporting period ended May 15, 2026, the newly initiated stake carried an estimated value of $13.03 million based on a cost basis of $10.76 per share.

Position Details and Share Count

The filing shows that the fund started from zero prior shares, bringing its total holdings in Crescent Energy Company up to 1,326,700 shares. Because this is a newly established holding, it represents a fresh commitment for the investment manager in the energy sector.

Crescent Energy Stock Performance

Crescent Energy Company shares recently traded hands at a spot price of $9.82. The company's valuation reflects its ongoing activities exploring and developing oil and gas assets across major domestic basins like the Eagle Ford and Permian.

Dividend Offerings for Shareholders

Crescent Energy Company distributes an annual dividend of $0.48 per share, translating to a dividend yield of 3.45% alongside a dividend payout ratio of 6.0%. These payouts provide regular income for holders of the common stock.

Wall Street Analyst Views on Crescent Energy

Wall Street research desks have stayed active with coverage updates on the company. On October 15, 2026, Scotiabank initiated coverage with a sector outperform rating and an $18.00 price target. Earlier on October 14, 2026, Evercore ISI Group kept an outperform rating while adjusting its target to $17.00 from $18.00. Wells Fargo maintained an overweight rating on October 13, 2026, raising its target to $20.00 from $19.00. UBS kept a buy rating on October 12, 2026, with an $18.00 target. Truist Securities initiated a buy rating with a $19.00 target on September 17, 2026, and Raymond James maintained a strong buy rating with a $20.00 target on September 10, 2026. Seaport Global initiated a sell rating with a $12.00 target on September 3, 2026, while Wells Fargo previously maintained an overweight rating with a $19.00 target on September 2, 2026. Across seventeen analyst opinions, the stock holds a consensus buy recommendation with a mean price target of $17.35.

Operations at Crescent Energy Company

Headquartered in Houston, Texas, Crescent Energy Company operates as an independent oil and gas exploration and production business. The firm focuses on acquiring and developing long-life energy reserves in regions such as the Eagle Ford, Permian, and Uinta Basins, maintaining a diverse portfolio of mineral and royalty interests across the United States.

What to Watch at Crescent Energy Company

Investors tracking institutional moves should remember that Form 13F filings offer a backward-looking snapshot of historical holdings and may not reflect current portfolio decisions. Market participants will also look toward the company's next earnings report scheduled for release on November 2, 2026, for further operational updates.