Head to Head Analysis: DHT (NYSE:DHT) vs. Crescent Energy (NYSE:CRGY)

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

Analyst Recommendations

This is a summary of recent ratings for DHT and Crescent Energy, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
DHT	0	2	2	1	2.80
Crescent Energy	1	4	10	2	2.76

DHT presently has a consensus target price of $21.00, suggesting a potential downside of 14.80%. Crescent Energy has a consensus target price of $17.08, suggesting a potential upside of 34.63%. Given Crescent Energy’s higher possible upside, analysts clearly believe Crescent Energy is more favorable than DHT.

Dividends

DHT pays an annual dividend of $4.88 per share and has a dividend yield of 19.8%. Crescent Energy pays an annual dividend of $0.48 per share and has a dividend yield of 3.8%. 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 pays out -960.0% of its earnings in the form of a dividend. Crescent Energy has raised its dividend for 1 consecutive years.

Valuation and Earnings

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
DHT	$723.00 million	5.49	$211.09 million	$2.94	8.38
Crescent Energy	$3.58 billion	1.17	$132.91 million	($0.05)	-253.68

DHT has higher earnings, but lower revenue 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.

Profitability

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

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

Volatility & Risk

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

Institutional & Insider Ownership

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

Summary

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

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.

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.