Financial Contrast: Crescent Energy (NYSE:CRGY) & Eco Wave Power Global AB (publ) (NASDAQ:WAVE)

Crescent Energy (NYSE:CRGY) and Eco Wave Power Global AB (publ) (NASDAQ:WAVE) are both energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, dividends, valuation, analyst recommendations, earnings, risk and institutional ownership.

Volatility & Risk

Crescent Energy has a beta of 1.37, meaning that its share price is 37% more volatile than the S&P 500. Comparatively, Eco Wave Power Global AB (publ) has a beta of -0.38, meaning that its share price is 138% less volatile than the S&P 500.

Profitability

This table compares Crescent Energy and Eco Wave Power Global AB (publ)’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%
Eco Wave Power Global AB (publ)	N/A	-66.77%	-46.75%

Valuation & Earnings

This table compares Crescent Energy and Eco Wave Power Global AB (publ)”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Crescent Energy	$3.58 billion	1.13	$132.91 million	($0.75)	-16.33
Eco Wave Power Global AB (publ)	$40,000.00	1,330.61	-$3.70 million	($0.68)	-14.10

Crescent Energy has higher revenue and earnings than Eco Wave Power Global AB (publ). Crescent Energy is trading at a lower price-to-earnings ratio than Eco Wave Power Global AB (publ), indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

52.1% of Crescent Energy shares are held by institutional investors. Comparatively, 0.6% of Eco Wave Power Global AB (publ) shares are held by institutional investors. 13.2% of Crescent Energy shares are held by insiders. Comparatively, 31.3% of Eco Wave Power Global AB (publ) shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Analyst Recommendations

This is a breakdown of current ratings and target prices for Crescent Energy and Eco Wave Power Global AB (publ), as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Crescent Energy	1	3	8	2	2.79
Eco Wave Power Global AB (publ)	1	0	0	0	1.00

Crescent Energy presently has a consensus target price of $16.00, suggesting a potential upside of 30.65%. Given Crescent Energy’s stronger consensus rating and higher probable upside, equities analysts plainly believe Crescent Energy is more favorable than Eco Wave Power Global AB (publ).

Summary

Crescent Energy beats Eco Wave Power Global AB (publ) on 10 of the 15 factors compared between the two stocks.

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.

About Eco Wave Power Global AB (publ)

Eco Wave Power Global AB (publ), a wave energy company, engages in the development of a wave energy conversion (WEC) technology that converts ocean and sea waves into clean electricity. The company also holds various agreements comprising power purchase agreements, concession agreements, and other agreements worldwide with pipeline of projects with approximately 404.7 megawatts. It has operations in the United States, Sweden, Israel, the British Overseas Territory of Gibraltar, Greece, Portugal, China, Australia, and internationally. The company was formerly known as EWPG Holding AB (publ) and changed its name to Eco Wave Power Global AB (publ) in June 2021. Eco Wave Power Global AB (publ) was founded in 2011 and is headquartered in Tel Aviv-Yafo, Israel.