CRGY Stock Price, Crescent Energy Company Quote, Chart

Market Summary

USD12.02+0.38

Delayed

3.26%

CRGY Alerts

Big fall in earnings (Y/Y)

Losses in recent quarter

CRGY Stock Price

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CRGY RSI Chart

CRGY Valuation

Market Cap

2.2B

Price/Earnings (Trailing)

-132.06

Price/Sales (Trailing)

0.88

EV/EBITDA

4.32

Price/Free Cashflow

2.46

CRGY Price/Sales (Trailing)

CRGY Profitability

EBT Margin

1.50%

Return on Equity

-0.82%

Return on Assets

-0.24%

Free Cashflow Yield

40.73%

CRGY Fundamentals

CRGY Revenue

Revenue (TTM)

2.4B

Rev. Growth (Yr)

11.41%

Rev. Growth (Qtr)

-0.04%

CRGY Earnings

Earnings (TTM)

-16.4M

Earnings Growth (Yr)

-140.42%

Earnings Growth (Qtr)

-143.52%

Breaking Down CRGY Revenue

Last 7 days

-1.1%

Last 30 days

8.8%

Last 90 days

8.4%

Trailing 12 Months

15.9%

How does CRGY drawdown profile look like?

CRGY Financial Health

Current Ratio

0.75

Debt/Equity

0.88

Debt/Cashflow

0.5

CRGY Investor Care

Shares Dilution (1Y)

7.63%

Diluted EPS (TTM)

1.31

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.4B	0	0	0
2023	3.0B	2.6B	2.4B	2.4B
2022	1.8B	2.3B	2.8B	3.1B
2021	864.2M	1.1B	1.3B	1.5B
2020	1.0B	920.7M	837.5M	754.2M
2019	0	0	0	1.1B

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Tracking the Latest Insider Buys and Sells of Crescent Energy Company

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	independence energy aggregator l.p.	sold	-	-	-6,000,000	-
Apr 01, 2024	independence energy aggregator l.p.	acquired	-	-	6,000,000	-
Apr 01, 2024	simon karen jo	acquired	-	-	14,311	-
Apr 01, 2024	kkr group partnership l.p.	acquired	-	-	6,000,000	-
Apr 01, 2024	shi bo	sold (taxes)	-18,968	11.68	-1,624	see remarks
Apr 01, 2024	independence energy aggregator l.p.	sold	-64,440,000	10.74	-6,000,000	-
Apr 01, 2024	shi bo	acquired	-	-	22,361	see remarks
Apr 01, 2024	pt independence energy holdings llc	acquired	-	-	28,622	-
Apr 01, 2024	kkr group partnership l.p.	sold	-	-	-6,000,000	-
Apr 01, 2024	goff john c	acquired	-	-	25,492	-

Which funds bought or sold CRGY recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Ancora Advisors LLC	added	1.01	-2,593	26,189	-%
May 16, 2024	Virtus Investment Advisers, Inc.	reduced	-74.36	-620,518	186,402	0.13%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	added	11.28	2,683	1,090,300	-%
May 16, 2024	JANE STREET GROUP, LLC	added	460	8,125,650	10,131,300	-%
May 16, 2024	COMERICA BANK	reduced	-42.48	-2,622	2,820	-%
May 16, 2024	Arete Wealth Advisors, LLC	sold off	-100	-132,100	-	-%
May 15, 2024	MARSHALL WACE, LLP	added	208	5,570,840	8,708,600	0.01%
May 15, 2024	OXFORD ASSET MANAGEMENT LLP	new	-	222,173	222,173	0.27%
May 15, 2024	Centiva Capital, LP	new	-	269,261	269,261	0.01%
May 15, 2024	GOLDMAN SACHS GROUP INC	added	371	10,274,500	13,438,000	-%

Are Funds Buying or Selling CRGY?

Are funds buying CRGY calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CRGY

No. of Funds

Unveiling Crescent Energy Company's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 10, 2024	vanguard group inc	10.16%	9,308,793	SC 13G/A
Apr 03, 2024	independence energy aggregator l.p.	20.7%	29,134,496	SC 13D/A
Mar 11, 2024	independence energy aggregator l.p.	25.0%	35,134,496	SC 13D/A
Feb 13, 2024	vanguard group inc	9.22%	8,171,426	SC 13G/A
Feb 06, 2024	teacher retirement system of texas	9.1%	8,029,515	SC 13G/A
Feb 02, 2024	blackrock inc.	6.8%	6,049,064	SC 13G
Nov 17, 2023	independence energy aggregator l.p.	35.9%	51,234,496	SC 13D/A
Jul 26, 2023	teacher retirement system of texas	10.5%	7,994,838	SC 13G
Jul 05, 2023	independence energy aggregator l.p.	41.7%	54,234,496	SC 13D/A
Jun 06, 2023	independence energy aggregator l.p.	62.9%	81,831,695	SC 13D/A

Recent SEC filings of Crescent Energy Company

View All Filings

Date Filed	Form Type	Document
May 17, 2024	SC 13D/A	13D - Major Acquisition
May 17, 2024	SC 13D/A	13D - Major Acquisition
May 17, 2024	SC 13D/A	13D - Major Acquisition
May 16, 2024	425	Prospectus Filed
May 16, 2024	425	Prospectus Filed
May 16, 2024	8-K	Current Report
May 16, 2024	8-K	Current Report
May 06, 2024	10-Q	Quarterly Report
May 06, 2024	8-K	Current Report
Apr 23, 2024	8-K	Current Report

Crescent Energy Company News

Latest updates

Crescent Energy Company Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																		(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Revenue	0.0%	657	658	642	492	590	685	865	908	599	463	366	330	318	252	191	104	208	-
Operating Expenses	-24.0%	523	689	501	428	440	581	447	409	336	302	232	230	230	-	-	-	-	-
S&GA Expenses	-100.0%	-	35.00	44.00	41.00	21.00	26.00	17.00	20.00	23.00	45.00	11.00	16.00	7.00	-	-	-	-	-
EBITDA Margin	-24.8%	0.37*	0.49*	0.42*	0.65*	0.63*	0.37*	0.41*	0.14*	-0.17*	-0.05*	0.15*	0.18*	0.22*	0.26*	0.49*	0.45*	-	-
Interest Expenses	-1.1%	43.00	43.00	42.00	31.00	29.00	27.00	27.00	25.00	17.00	13.00	13.00	17.00	7.00	-	-	-	-	-
Income Taxes	-122.9%	-4.20	18.00	-20.64	9.00	16.00	2.00	38.00	18.00	-21.72	-0.71	0.00	0.00	0.00	-	-	-	-	-
Earnings Before Taxes	-123.1%	-36.57	158	-151	67.00	272	51.00	594	300	-427	168	-161	-272	-166	-	-	-	-	-
EBT Margin	-89.7%	0.01*	0.14*	0.10*	0.37*	0.40*	0.17*	0.22*	-0.05*	-0.39*	-0.29*	-0.17*	-0.20*	-0.25*	-0.29*	0.06*	0.05*	-	-
Net Income	-143.5%	-24.17	56.00	-52.87	5.00	60.00	9.00	118	55.00	-85.00	-19.38	-	-	-	-	-	-	-	-
Net Income Margin	-123.5%	-0.01*	0.03*	0.01*	0.07*	0.08*	0.03*	0.02*	-0.02*	-0.06*	-0.01*	-	-	-	-	-	-	-	-
Free Cashflow	-43.1%	184	323	189	183	240	215	399	261	137	85.00	113	-90.57	126	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet											(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2020Q4
Assets	-0.1%	6,798	6,803	6,986	6,148	6,112	6,020	6,230	6,274	6,174	5,157	3,907
Current Assets	-8.4%	564	616	903	597	540	517	580	673	649	480	220
Cash Equivalents	275.6%	11.00	3.00	229	2.00	3.00	-	22.00	55.00	113	129	41.00
Goodwill	-	-	-	-	-	-	-	77.00	77.00	77.00	77.00	-
Liabilities	2.8%	3,255	3,168	3,470	2,631	2,588	2,721	2,961	3,485	3,566	2,138	1,014
Current Liabilities	-0.3%	748	750	881	672	786	894	1,040	1,291	1,234	616	121
Long Term Debt	3.2%	1,749	1,694	1,912	1,332	1,245	1,248	1,372	1,516	1,627	1,030	751
LT Debt, Non Current	-100.0%	-	1,694	1,912	1,332	1,245	1,248	1,372	1,516	1,627	1,030	751
Shareholder's Equity	15.1%	1,996	1,735	1,627	1,478	916	862	849	621	432	720	-
Retained Earnings	-38.6%	59.00	95.00	51.00	113	114	62.00	61.00	-49.85	-104	-19.38	-
Additional Paid-In Capital	18.6%	1,929	1,627	1,568	1,362	806	805	802	684	541	720	-
Minority Interest	-14.4%	25.00	30.00	25.00	20.00	15.00	14.00	4.00	6.00	14.00	12.00	-
Float	-	-	-	-	395	-	-	-	402	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)															(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2019Q4
Cashflow From Operations	-43.1%	183,770	322,869	189,344	183,466	240,090	215,018	398,900	261,163	137,291	84,515	112,954	-90,573	126,251	-	-
Share Based Compensation	54.1%	28,174	18,288	29,492	27,551	7,605	11,757	5,836	9,355	11,115	25,865	4,318	6,399	3,337	-	-
Cashflow From Investing	52.7%	-157,461	-332,562	-691,294	-179,831	-195,113	-63,410	-196,898	-150,642	-713,394	-117,819	-40,106	7,269	-93,939	-	-
Cashflow From Financing	90.4%	-23,867	-248,912	693,323	55,717	-43,672	-165,958	-236,496	-166,904	561,517	100,206	-85,270	125,061	-34,852	-	-
Dividend Payments	-100.0%	-	10,993	9,116	5,803	8,208	8,208	7,133	7,133	5,035	-	-	-	-	-	-
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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CRGY Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Total revenues	$ 657,473	$ 590,137
Expenses:
Lease operating expense	130,688	130,954
Workover expense	12,302	12,571
Asset operating expense	31,350	22,218
Gathering, transportation and marketing	69,569	47,403
Production and other taxes	32,523	54,923
Depreciation, depletion and amortization	176,564	146,483
Midstream operating expense	27,742	3,779
General and administrative expense	42,715	21,238
Total expenses	523,453	439,569
Income (loss) from operations	134,020	150,568
Other income (expense):
Gain (loss) on derivatives	(105,602)	150,310
Interest expense	(42,686)	(29,320)
Loss from extinguishment of debt	(22,582)	0
Other income (expense)	150	250
Income (loss) from equity affiliates	127	163
Total other income (expense)	(170,593)	121,403
Income (loss) before taxes	(36,573)	271,971
Income tax benefit (expense)	4,209	(16,360)
Net income (loss)	(32,364)	255,611
Less: net (income) loss attributable to noncontrolling interests	(3,499)	(149)
Less: net (income) loss attributable to redeemable noncontrolling interests	11,695	(195,668)
Net income (loss) attributable to Crescent Energy - basic	$ (24,168)	$ 59,794
Class A Common Stock
Net income (loss) per share:
Basic (in USD per share)	$ (0.25)	$ 1.24
Diluted (in USD per share)	$ (0.25)	$ 1.24
Weighted average shares outstanding:
Basic (in shares)	94,793,415	48,282,163
Diluted (in shares)	94,793,415	48,665,352
Class B Common Stock
Net income (loss) per share:
Basic (in USD per share)	$ 0	$ 0
Diluted (in USD per share)	$ 0	$ 0
Weighted average shares outstanding:
Basic (in shares)	84,332,739	118,645,323
Diluted (in shares)	84,332,739	118,645,323
Oil
Revenues:
Total revenues	$ 473,894	$ 372,336
Natural gas
Revenues:
Total revenues	79,944	162,021
Natural gas liquids
Revenues:
Total revenues	66,947	42,523
Midstream and other
Revenues:
Total revenues	$ 36,688	$ 13,257

CRGY Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 5,321	$ 2,974
Derivative assets – current	36,513	54,321
Prepaid expenses	39,501	40,406
Other current assets	12,721	11,213
Total current assets	563,765	615,652
Oil and natural gas properties at cost, successful efforts method
Proved	8,781,571	8,574,478
Unproved	290,904	283,324
Oil and natural gas properties at cost, successful efforts method	9,072,475	8,857,802
Field and other property and equipment, at cost	202,887	198,570
Total property, plant and equipment	9,275,362	9,056,372
Less: accumulated depreciation, depletion, amortization and impairment	(3,108,052)	(2,940,546)
Property, plant and equipment, net	6,167,310	6,115,826
Derivative assets – noncurrent	4,305	8,066
Investments in equity affiliates	6,203	6,076
Other assets	56,334	57,715
TOTAL ASSETS	6,797,917	6,803,335
Current liabilities:
Derivative liabilities – current	101,220	42,051
Financing lease obligations – current	4,148	4,233
Other current liabilities	32,092	37,823
Total current liabilities	748,076	750,257
Long-term debt	1,749,226	1,694,375
Derivative liabilities – noncurrent	2,059	0
Asset retirement obligations	424,232	418,319
Deferred tax liability	288,369	262,581
Financing lease obligations – noncurrent	6,187	7,066
Other liabilities	36,809	35,019
Total liabilities	3,254,958	3,167,617
Commitments and contingencies (Note 9)
Redeemable noncontrolling interests	1,546,722	1,901,208
Equity:
Preferred stock, $0.0001 par value; 500,000,000 shares authorized and 1,000 Series I preferred shares issued and outstanding as of March 31, 2024 and December 31, 2023	0	0
Treasury stock, at cost; 1,071,553 shares of Class A common stock as of March 31, 2024 and December 31, 2023	(17,143)	(17,143)
Additional paid-in capital	1,929,307	1,626,501
Retained earnings	58,630	95,447
Noncontrolling interests	25,425	29,687
Total equity	1,996,237	1,734,510
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY	6,797,917	6,803,335
Nonrelated Party
Current assets:
Accounts receivable, net	461,836	504,630
Current liabilities:
Accounts payable and accrued liabilities	574,633	613,543
Affiliated Entity
Current assets:
Accounts receivable, net	7,873	2,108
Current liabilities:
Accounts payable and accrued liabilities	35,983	52,607
Class A
Equity:
Common stock	11	9
Class B
Equity:
Common stock	$ 7	$ 9

About Crescent Energy Company

Crescent Energy Company, an energy company, acquires, develops, and produces crude oil, natural gas, and natural gas liquids (NGLs) reserves. The company holds a portfolio of oil and natural gas assets in key proven basins, including the Eagle Ford, Rockies, Barnett, Permian, and Mid-Con in the United States. The company is based in Houston, Texas.

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CEO	Mr. David C. Rockecharlie
WEBSITE	crescentenergyco.com
INDUSTRY	Oil - E&P

Crescent Energy Company Frequently Asked Questions

What is the ticker symbol for Crescent Energy Company? What does CRGY stand for in stocks?

CRGY is the stock ticker symbol of Crescent Energy Company. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Crescent Energy Company (CRGY)?

As of Fri May 17 2024, market cap of Crescent Energy Company is 2.16 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CRGY stock?

You can check CRGY's fair value in chart for subscribers.

What is the fair value of CRGY stock?

You can check CRGY's fair value in chart for subscribers. The fair value of Crescent Energy Company is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Crescent Energy Company is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CRGY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Crescent Energy Company a good stock to buy?

The fair value guage provides a quick view whether CRGY is over valued or under valued. Whether Crescent Energy Company is cheap or expensive depends on the assumptions which impact Crescent Energy Company's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CRGY.

What is Crescent Energy Company's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, CRGY's PE ratio (Price to Earnings) is -132.06 and Price to Sales (PS) ratio is 0.88. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CRGY PE ratio will change depending on the future growth rate expectations of investors.