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Stock impact report

Crescent Energy (CRGY) Rallies for 5th Day on Higher Oil, Gas Prices, Upcoming Dividend [Yahoo! Finance]

Crescent Energy Company (CRGY) 
Company Research Source: Yahoo! Finance
Crescent Energy extended its winning streak to a 5th straight day on Tuesday, jumping 8.15 percent to close at $9.69 apiece amid higher oil and gas prices, while investors gobbled up shares ahead of a dividend record date. As of writing, prices of natural gas were up by 5.23 percent at $4.57/MMBtu, while Brent and WTI—the benchmark indices for crude oil—jumped by 1.65 percent and 1.51 percent, respectively, to $65.12 and $61.04 per barrel, as a result of President Donald Trump's sanctions against Russian oil firms over the war in Ukraine. Crescent Energy (CRGY) Rallies for 5th Day on Higher Oil, Gas Prices, Upcoming Dividend Copyright: sifotography / 123RF Stock Photo Additionally, the industry typically sees a pickup in power demand during the winter season over the increasing consumption from households for heating appliances. In other news, Crescent Energy Company (NYSE:CRGY) recently announced the results of its earnings performance in the third quarter of the year, whe Show less Read more
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