Crescent Energy (NYSE:CRGY) versus ReNew Energy Global (NASDAQ:RNW) Head-To-Head Comparison

Crescent Energy (NYSE:CRGYGet Free Report) and ReNew Energy Global (NASDAQ:RNWGet Free Report) are both energy companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, profitability, analyst recommendations, institutional ownership, dividends, valuation and risk.

Earnings & Valuation

This table compares Crescent Energy and ReNew Energy Global”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Crescent Energy $3.58 billion 1.20 $132.91 million ($0.75) -17.37
ReNew Energy Global $1.14 billion 1.71 $45.00 million $0.42 12.74

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

Risk & Volatility

Crescent Energy has a beta of 1.44, meaning that its share price is 44% more volatile than the S&P 500. Comparatively, ReNew Energy Global has a beta of 1.07, meaning that its share price is 7% more volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and recommmendations for Crescent Energy and ReNew Energy Global, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Crescent Energy 1 3 8 2 2.79
ReNew Energy Global 1 1 0 0 1.50

Crescent Energy currently has a consensus price target of $15.73, indicating a potential upside of 20.75%. ReNew Energy Global has a consensus price target of $6.52, indicating a potential upside of 21.78%. Given ReNew Energy Global’s higher possible upside, analysts clearly believe ReNew Energy Global is more favorable than Crescent Energy.

Institutional and Insider Ownership

52.1% of Crescent Energy shares are held by institutional investors. Comparatively, 43.6% of ReNew Energy Global shares are held by institutional investors. 13.2% of Crescent Energy shares are held by company insiders. Comparatively, 8.7% of ReNew Energy Global shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Profitability

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

Net Margins Return on Equity Return on Assets
Crescent Energy -7.47% 8.10% 3.47%
ReNew Energy Global 6.95% 10.50% 1.45%

Summary

Crescent Energy beats ReNew Energy Global on 9 of the 15 factors compared between the two stocks.

About Crescent Energy

(Get Free Report)

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 ReNew Energy Global

(Get Free Report)

ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through two segments: Wind Power and Solar Power. It develops, builds, owns, and operates utility scale wind and solar energy, hydro energy, and utility-scale firm power projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers. The company provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and sells renewable energy certificates. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.

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