Crescent Energy stock jumps in premarket as oil spikes; CRGY nears 52-week high
Crescent Energy shares rose 5.8% to $12.33 in premarket trading Monday, nearing a 52-week high after oil prices surged on Middle East conflict fears. Brent crude jumped 8.3% to $78.92 a barrel; WTI climbed 7.8% to $72.24. Crescent reaffirmed a $0.12 dividend and raised its share buyback authorization to $400 million.