Comprehensive Stock Comparison
Compare TXO Partners, L.P. (TXO) vs Crescent Energy Company (CRGY) Stock
Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.
Selected Stocks
Add up to 10 tickers. Use presets or search to get started.
Quick Verdict
| Category | Winner | Why |
|---|---|---|
| Growth | CRGY | 22.1% revenue growth vs TXO's -25.7% |
| Value | CRGY | Lower P/E (9.2x vs 25.0x) |
| Quality / Margins | TXO | 4.6% net margin vs CRGY's 3.7% |
| Stability / Safety | TXO | Beta 0.46 vs CRGY's 1.74, lower leverage |
| Dividends | TXO | 18.9% yield, 5-year raise streak, vs CRGY's 4.0% |
| Momentum (1Y) | CRGY | -3.8% vs TXO's -25.5% |
| Efficiency (ROA) | CRGY | 2.6% ROA vs TXO's 1.2%, ROIC 1.9% vs -0.8% |
Who Each Stock Is For
Income & stability
Growth exposure
Long-term compounding (10Y)
Sleep-well-at-night portfolio
Defensive / Recession hedge
Business Model
What each company does and how it makes money
TXO Partners is a conventional oil and gas partnership that acquires, develops, and exploits mature producing properties in North American basins. It generates revenue primarily from oil and natural gas liquids production — roughly 60% from oil and 40% from natural gas — through its working interests in established fields like the San Juan and Permian Basins. The partnership's competitive advantage lies in its focus on low-decline, conventional assets with predictable cash flows and its operational expertise in optimizing mature fields.
Crescent Energy is an independent oil and gas exploration and production company operating across multiple U.S. basins. It generates revenue primarily from selling crude oil, natural gas, and natural gas liquids produced from its portfolio of assets in proven regions like the Eagle Ford, Permian, and Rockies. The company's competitive advantage lies in its large inventory of undrilled locations—over 1,500 gross locations—providing years of low-risk development opportunities.
Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Financial Metrics Comparison
Side-by-side fundamentals across 2 stocks. BestLagging
Financial Scorecard
CRGY leads in 4 of 6 categories (Financial Metrics, Valuation Metrics). TXO leads in 1 (Analyst Outlook). 1 tied.
Financial Metrics (TTM)
CRGY is the larger business by revenue, generating $3.6B annually — 9.8x TXO's $364M. Profitability is closely matched — net margins range from 4.6% (TXO) to 3.7% (CRGY). On growth, TXO holds the edge at +46.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | TXOTXO Partners, L.P. | CRGYCrescent Energy C… |
|---|---|---|
| RevenueTrailing 12 months | $364M | $3.6B |
| EBITDAEarnings before interest/tax | $95M | $1.4B |
| Net IncomeAfter-tax profit | $17M | $133M |
| Free Cash FlowCash after capex | -$146M | $104M |
| Gross MarginGross profit ÷ Revenue | +35.3% | +88.6% |
| Operating MarginEBIT ÷ Revenue | +0.5% | +6.4% |
| Net MarginNet income ÷ Revenue | +4.6% | +3.7% |
| FCF MarginFCF ÷ Revenue | -40.1% | +2.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | +46.8% | -1.2% |
| EPS Growth (YoY)Latest quarter vs prior year | — | +98.2% |
Valuation Metrics
At 19.3x trailing earnings, TXO trades at a 11% valuation discount to CRGY's 21.6x P/E. On an enterprise value basis, CRGY's 6.7x EV/EBITDA is more attractive than TXO's 14.6x.
| Metric | TXOTXO Partners, L.P. | CRGYCrescent Energy C… |
|---|---|---|
| Market CapShares × price | $686M | $3.8B |
| Enterprise ValueMkt cap + debt − cash | $836M | $9.4B |
| Trailing P/EPrice ÷ TTM EPS | 19.26x | 21.59x |
| Forward P/EPrice ÷ next-FY EPS est. | 25.04x | 9.17x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 14.62x | 6.70x |
| Price / SalesMarket cap ÷ Revenue | 2.43x | 1.07x |
| Price / BookPrice ÷ Book value/share | 0.74x | 0.55x |
| Price / FCFMarket cap ÷ FCF | — | 2.28x |
Profitability & Efficiency
CRGY delivers a 2.6% return on equity — every $100 of shareholder capital generates $3 in annual profit, vs $2 for TXO. TXO carries lower financial leverage with a 0.26x debt-to-equity ratio, signaling a more conservative balance sheet compared to CRGY's 1.07x. On the Piotroski fundamental quality scale (0–9), CRGY scores 6/9 vs TXO's 4/9, reflecting solid financial health.
| Metric | TXOTXO Partners, L.P. | CRGYCrescent Energy C… |
|---|---|---|
| ROE (TTM)Return on equity | +2.3% | +2.6% |
| ROA (TTM)Return on assets | +1.2% | +2.6% |
| ROICReturn on invested capital | -0.8% | +1.9% |
| ROCEReturn on capital employed | -0.8% | +3.7% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 6 |
| Debt / EquityFinancial leverage | 0.26x | 1.07x |
| Net DebtTotal debt minus cash | $150M | $5.5B |
| Cash & Equiv.Liquid assets | $7M | $290,000 |
| Total DebtShort + long-term debt | $157M | $5.5B |
| Interest CoverageEBIT ÷ Interest expense | 2.16x | 2.92x |
Total Returns (with DRIP)
A $10,000 investment in TXO five years ago would be worth $8,373 today (with dividends reinvested), compared to $8,193 for CRGY. Over the past 12 months, CRGY leads with a -3.8% total return vs TXO's -25.5%. The 3-year compound annual growth rate (CAGR) favors CRGY at 4.4% vs TXO's -8.6% — a key indicator of consistent wealth creation.
| Metric | TXOTXO Partners, L.P. | CRGYCrescent Energy C… |
|---|---|---|
| YTD ReturnYear-to-date | +13.9% | +37.0% |
| 1-Year ReturnPast 12 months | -25.5% | -3.8% |
| 3-Year ReturnCumulative with dividends | -23.6% | +14.0% |
| 5-Year ReturnCumulative with dividends | -16.3% | -18.1% |
| 10-Year ReturnCumulative with dividends | -16.3% | -18.1% |
| CAGR (3Y)Annualised 3-year return | -8.6% | +4.4% |
Risk & Volatility
TXO is the less volatile stock with a 0.46 beta — it tends to amplify market swings less than CRGY's 1.74 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CRGY currently trades 90.7% from its 52-week high vs TXO's 61.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | TXOTXO Partners, L.P. | CRGYCrescent Energy C… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.46x | 1.74x |
| 52-Week HighHighest price in past year | $20.24 | $12.85 |
| 52-Week LowLowest price in past year | $10.12 | $6.83 |
| % of 52W HighCurrent price vs 52-week peak | +61.9% | +90.7% |
| RSI (14)Momentum oscillator 0–100 | 60.2 | 64.1 |
| Avg Volume (50D)Average daily shares traded | 192K | 4.8M |
Analyst Outlook
Wall Street rates TXO as "Strong Buy" and CRGY as "Buy". Consensus price targets imply 47.8% upside for TXO (target: $19) vs -5.7% for CRGY (target: $11). For income investors, TXO offers the higher dividend yield at 18.87% vs CRGY's 4.03%.
| Metric | TXOTXO Partners, L.P. | CRGYCrescent Energy C… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Strong Buy | Buy |
| Price TargetConsensus 12-month target | $18.50 | $11.00 |
| # AnalystsCovering analysts | 2 | 11 |
| Dividend YieldAnnual dividend ÷ price | +18.9% | +4.0% |
| Dividend StreakConsecutive years of raises | 5 | 3 |
| Dividend / ShareAnnual DPS | $2.36 | $0.47 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.9% |
Historical Charts
Charts are rendered on first load. Hover for details.
Chart 1Total Return — 5 Years (Rebased to 100)
| Stock | Jan 23 | Feb 26 | Change |
|---|---|---|---|
| TXO Partners, L.P. (TXO) | 100 | 53.32 | -46.7% |
| Crescent Energy Com… (CRGY) | 100 | 79.38 | -20.6% |
TXO Partners, L.P. (TXO) returned -16% over 5 years vs Crescent Energy Com… (CRGY)'s -18%.
Chart 2Revenue Growth — 10 Years
| Stock | 2019 | 2025 | Change |
|---|---|---|---|
| TXO Partners, L.P. (TXO) | $109M | $283M | +160.0% |
| Crescent Energy Com… (CRGY) | $1.1B | $3.6B | +229.3% |
Crescent Energy Company's revenue grew from $1.1B (2019) to $3.6B (2025) — a 22.0% CAGR.
Chart 3Net Margin Trend — 10 Years
| Stock | 2020 | 2025 | Change |
|---|---|---|---|
| TXO Partners, L.P. (TXO) | -150.1% | 8.3% | +105.5% |
| Crescent Energy Com… (CRGY) | -1.3% | 3.7% | +383.0% |
Chart 4P/E Ratio History — 3 Years
| Stock | 2022 | 2025 | Change |
|---|---|---|---|
| Crescent Energy Com… (CRGY) | 5.4 | 15.5 | +187.0% |
Crescent Energy Company has traded in a 5x–29x P/E range over 3 years; current trailing P/E is ~22x.
Chart 5EPS Growth — 10 Years
| Stock | 2019 | 2025 | Change |
|---|---|---|---|
| TXO Partners, L.P. (TXO) | -6.53 | 0.65 | +110.0% |
| Crescent Energy Com… (CRGY) | 0 | 0.54 | — |
Crescent Energy Company's EPS grew from $0.00 (2019) to $0.54 (2025).
Chart 6Free Cash Flow — 5 Years
TXO Partners, L.P. generated $-156M FCF in 2024 (-7% vs 2021). Crescent Energy Company generated $2B FCF in 2025 (+4576% vs 2021).
TXO vs CRGY: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is TXO or CRGY a better buy right now?
TXO Partners, L.P. (TXO) offers the better valuation at 19.3x trailing P/E (25.0x forward), making it the more compelling value choice. Analysts rate TXO Partners, L.P. (TXO) a "Strong Buy" — based on 2 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — TXO or CRGY?
On trailing P/E, TXO Partners, L.P. (TXO) is the cheapest at 19.3x versus Crescent Energy Company at 21.6x. On forward P/E, Crescent Energy Company is actually cheaper at 9.2x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — TXO or CRGY?
Over the past 5 years, TXO Partners, L.P. (TXO) delivered a total return of -16.3%, compared to -18.1% for Crescent Energy Company (CRGY). A $10,000 investment in TXO five years ago would be worth approximately $8K today (assuming dividends reinvested). Over 10 years, the gap is even starker: TXO returned -16.3% versus CRGY's -18.1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — TXO or CRGY?
By beta (market sensitivity over 5 years), TXO Partners, L.P. (TXO) is the lower-risk stock at 0.46β versus Crescent Energy Company's 1.74β — meaning CRGY is approximately 276% more volatile than TXO relative to the S&P 500. On balance sheet safety, TXO Partners, L.P. (TXO) carries a lower debt/equity ratio of 26% versus 107% for Crescent Energy Company — giving it more financial flexibility in a downturn.
05Which has better profit margins — TXO or CRGY?
TXO Partners, L.P. (TXO) is the more profitable company, earning 8.3% net margin versus 3.7% for Crescent Energy Company — meaning it keeps 8.3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CRGY leads at 6.4% versus -2.4% for TXO. At the gross margin level — before operating expenses — CRGY leads at 88.6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is TXO or CRGY more undervalued right now?
On forward earnings alone, Crescent Energy Company (CRGY) trades at 9.2x forward P/E versus 25.0x for TXO Partners, L.P. — 15.9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TXO: 47.8% to $18.50.
07Which pays a better dividend — TXO or CRGY?
All stocks in this comparison pay dividends. TXO Partners, L.P. (TXO) offers the highest yield at 18.9%, versus 4.0% for Crescent Energy Company (CRGY).
08Is TXO or CRGY better for a retirement portfolio?
For long-horizon retirement investors, TXO Partners, L.P. (TXO) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.46), 18.9% yield). Crescent Energy Company (CRGY) carries a higher beta of 1.74 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (TXO: -16.3%, CRGY: -18.1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between TXO and CRGY?
Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that beat both.