CRGY Stock Price, Crescent Energy Company Quote, Chart

Market Summary

USD11.66-0.19

Market Closed

-1.60%

CRGY Alerts

2 major insider sales recently.

CRGY Stock Price

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CRGY RSI Chart

CRGY Valuation

Market Cap

2.1B

Price/Earnings (Trailing)

30.98

Price/Sales (Trailing)

0.88

EV/EBITDA

3.43

Price/Free Cashflow

2.24

CRGY Price/Sales (Trailing)

CRGY Profitability

EBT Margin

14.49%

Return on Equity

3.9%

Return on Assets

0.99%

Free Cashflow Yield

44.67%

CRGY Fundamentals

CRGY Revenue

Revenue (TTM)

2.4B

Rev. Growth (Yr)

-3.95%

Rev. Growth (Qtr)

2.39%

CRGY Earnings

Earnings (TTM)

67.6M

Earnings Growth (Yr)

531.8%

Earnings Growth (Qtr)

205.04%

Breaking Down CRGY Revenue

Last 7 days

-2.7%

Last 30 days

6%

Last 90 days

-1.8%

Trailing 12 Months

-7.5%

How does CRGY drawdown profile look like?

CRGY Financial Health

Current Ratio

0.82

Debt/Equity

1.1

Debt/Cashflow

0.49

CRGY Investor Care

Shares Dilution (1Y)

7.63%

Diluted EPS (TTM)

0.21

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
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

Get all data in R, Python etc through our Historical Stock Data APIs

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
Apr 11, 2024	SALEM INVESTMENT COUNSELORS INC	unchanged	-	-26,200	238,000	0.01%
Apr 10, 2024	AMERICAN NATIONAL BANK	unchanged	-	-7,774	70,627	0.01%
Apr 09, 2024	Welch Group, LLC	unchanged	-	-69,787	633,937	0.03%
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	sold off	-100	-3,382	-	-%
Apr 05, 2024	CWM, LLC	reduced	-18.23	-1,000	4,000	-%
Apr 05, 2024	GAMMA Investing LLC	added	186	36,251	53,633	0.01%
Apr 04, 2024	Northside Capital Management, LLC	new	-	4,453,030	4,453,030	0.79%
Apr 03, 2024	Versant Capital Management, Inc	added	466	814	1,012	-%
Mar 28, 2024	Newbridge Financial Services Group, Inc.	new	-	793	793	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	added	2.48	543	8,203	-%

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

CRGY Alerts

2 major insider sales recently.

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
Apr 12, 2024	8-K	Current Report
Apr 10, 2024	SC 13G/A	Major Ownership Report
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	SC 13D/A	13D - Major Acquisition
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Revenue	2.4%	658	642	492	590	685	865	908	599	463	366	330	318	252	191	104	208	-
Operating Expenses	37.6%	689	501	428	440	581	447	409	336	302	232	230	230	-	-	-	-	-
S&GA Expenses	-20.9%	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	15.9%	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	2.3%	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	188.7%	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	204.3%	158	-151	67.00	272	51.00	594	300	-427	168	-161	-272	-166	-	-	-	-	-
EBT Margin	46.7%	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	205.0%	56.00	-52.87	5.00	60.00	9.00	118	55.00	-85.00	-19.38	-	-	-	-	-	-	-	-
Net Income Margin	227.7%	0.03*	0.01*	0.07*	0.08*	0.03*	0.02*	-0.02*	-0.06*	-0.01*	-	-	-	-	-	-	-	-
Free Cashflow	70.5%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2020Q4
Assets	-2.6%	6,803	6,986	6,148	6,112	6,020	6,230	6,274	6,174	5,157	3,907
Current Assets	-31.8%	616	903	597	540	517	580	673	649	480	220
Cash Equivalents	-96.2%	9.00	229	2.00	3.00	-	22.00	55.00	113	135	37.00
Goodwill	-	-	-	-	-	-	77.00	77.00	77.00	77.00	-
Liabilities	-8.7%	3,168	3,470	2,631	2,588	2,721	2,961	3,485	3,566	2,138	1,014
Current Liabilities	-14.8%	750	881	672	786	894	1,040	1,291	1,234	616	121
Long Term Debt	-100.0%	-	1,912	1,332	1,245	1,248	1,372	1,516	1,627	1,030	751
LT Debt, Non Current	-11.4%	1,694	1,912	1,332	1,245	1,248	1,372	1,516	1,627	1,030	751
Shareholder's Equity	6.6%	1,735	1,627	1,478	916	862	849	621	432	695	-
Retained Earnings	87.5%	95.00	51.00	113	114	62.00	61.00	-49.85	-104	-19.38	-
Additional Paid-In Capital	3.7%	1,627	1,568	1,362	806	805	802	684	541	720	-
Minority Interest	17.2%	30.00	25.00	20.00	15.00	14.00	4.00	6.00	14.00	12.00	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)														(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2019Q4
Cashflow From Operations	70.5%	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	-38.0%	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	51.9%	-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	-135.9%	-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	20.6%	10,993	9,116	5,803	8,208	8,208	7,133	7,133	5,035	-	-	-	-	-	-
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

CRGY Income Statement

2023-12-31

COMBINED AND CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Total revenues	$ 2,382,602	$ 3,057,065	$ 1,476,977
Expenses:
Lease operating expense	495,380	438,753	243,501
Workover expense	58,441	66,864	10,842
Asset operating expense	86,593	78,709	45,940
Gathering, transportation and marketing	235,153	177,078	187,059
Production and other taxes	162,963	238,381	108,992
Depreciation, depletion and amortization	675,782	532,926	312,787
Impairment expense	153,495	142,902	0
Exploration expense	9,328	3,425	1,180
Midstream operating expense	39,809	13,513	13,389
General and administrative expense	140,918	84,990	78,342
Gain on sale of assets	0	(4,641)	(8,794)
Total expenses	2,057,862	1,772,900	993,238
Income (loss) from operations	324,740	1,284,165	483,739
Other income (expense):
Gain (loss) on derivatives	166,980	(676,902)	(866,020)
Interest expense	(145,807)	(95,937)	(50,740)
Other income (expense)	(282)	949	120
Income from equity affiliates	(413)	4,616	368
Total other income (expense)	20,478	(767,274)	(916,272)
Income (loss) before taxes	345,218	516,891	(432,533)
Income tax benefit (expense)	(23,227)	(36,291)	306
Net income (loss)	321,991	480,600	(432,227)
Less: net (income) loss attributable to Predecessor	0	0	339,168
Less: net (income) loss attributable to noncontrolling interests	(472)	(2,669)	14,922
Less: net (income) loss attributable to redeemable noncontrolling interests	(253,909)	(381,257)	58,761
Net income (loss) attributable to Crescent Energy	$ 67,610	$ 96,674	$ (19,376)
Class A Common Stock
Net income (loss) per share:
Basic (in USD per share)	$ 1.02	$ 2.20	$ (0.46)
Diluted (in USD per share)	$ 1.02	$ 2.20	$ (0.46)
Weighted average shares outstanding:
Basic (in shares)	66,597,580	43,865,176	41,954,385
Diluted (in shares)	67,402,222	44,111,823	41,954,385
Class B Common Stock
Net income (loss) per share:
Basic (in USD per share)	$ 0	$ 0	$ 0
Diluted (in USD per share)	$ 0	$ 0	$ 0
Weighted average shares outstanding:
Basic (in shares)	104,271,400	124,856,941	127,536,463
Diluted (in shares)	104,271,400	124,856,941	127,536,463
Oil
Revenues:
Total revenues	$ 1,750,961	$ 1,969,070	$ 883,087
Natural gas
Revenues:
Total revenues	371,066	766,962	354,298
Natural gas liquids
Revenues:
Total revenues	192,870	268,192	185,530
Midstream and other
Revenues:
Total revenues	$ 67,705	$ 52,841	$ 54,062

CRGY Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 2,974	$ 0
Derivative assets – current	54,321	14,878
Prepaid expenses	40,406	13,241
Other current assets	11,213	28,868
Total current assets	615,652	516,739
Oil and natural gas properties at cost, successful efforts method
Proved	8,574,478	7,113,819
Unproved	283,324	314,255
Oil and natural gas properties at cost, successful efforts method	8,857,802	7,428,074
Field and other property and equipment, at cost	198,570	176,831
Total property, plant and equipment	9,056,372	7,604,905
Less: accumulated depreciation, depletion, amortization and impairment	(2,940,546)	(2,167,135)
Property, plant and equipment, net	6,115,826	5,437,770
Derivative assets – noncurrent	8,066	0
Investments in equity affiliates	6,076	15,038
Other assets	57,715	50,302
TOTAL ASSETS	6,803,335	6,019,849
Current liabilities:
Derivative liabilities – current	42,051	312,975
Financing lease obligations – current	4,233	3,341
Other current liabilities	37,823	25,091
Total current liabilities	750,257	893,749
Long-term debt	1,694,375	1,247,558
Derivative liabilities – noncurrent	0	63,737
Asset retirement obligations	418,319	346,868
Deferred tax liability	262,581	147,348
Financing lease obligations – noncurrent	7,066	7,412
Other liabilities	35,019	14,183
Total liabilities	3,167,617	2,720,855
Commitments and contingencies (Note 12)
Redeemable noncontrolling interests	1,901,208	2,436,703
Equity:
Preferred stock, $0.0001 par value; 500,000,000 shares authorized and 1,000 Series I preferred shares issued and outstanding as of December 31, 2023 and 2022	0	0
Treasury stock, at cost; 1,071,553 and 1,150,991 shares of Class A common stock as of December 31, 2023 and 2022, respectively	(17,143)	(18,448)
Additional paid-in capital	1,626,501	804,587
Retained earnings	95,447	61,957
Noncontrolling interests	29,687	14,178
Total equity	1,734,510	862,291
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY	6,803,335	6,019,849
Class A Common Stock
Equity:
Common stock	9	5
Class B Common Stock
Equity:
Common stock	9	12
Nonrelated Party
Current assets:
Accounts receivable, net	504,630	457,071
Current liabilities:
Accounts payable and accrued liabilities	613,543	524,690
Affiliated Entity
Current assets:
Accounts receivable, net	2,108	2,681
Current liabilities:
Accounts payable and accrued liabilities	$ 52,607	$ 27,652

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 Apr 12 2024, market cap of Crescent Energy Company is 2.09 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 Apr 12 2024, CRGY's PE ratio (Price to Earnings) is 30.98 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.