Crescent Energy

Crescent Energy Co. is a diversified and independent energy company with a portfolio of assets in key proven basins across the 48 lower states. The company was founded in 2002 and is headquartered in Houston, TX.

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Crescent Energy excels in Q4, eyes growth and sustainability

Crescent Energy's Q4 2022 earnings call highlighted robust financial performance, operational achievements, and a strategic focus on sustainability and shareholder value.
While facing challenges from production impacts and financial strategy optimization, the company aims to leverage opportunities for growth and value creation in 2023.
Investors can expect Crescent Energy to continue its disciplined approach to capital allocation, operational excellence, and commitment to environmental stewardship.

Crescent Energy reports robust Q1 performance and strategic acquisition

Crescent Energy's Q1 2023 earnings call highlighted strong performance, robust financials, and a strategic acquisition driving growth. Despite challenges from higher gas prices, the company effectively managed costs and emphasized a returns-driven approach. With opportunities for further expansion and value creation, Crescent Energy remains well-positioned for future success.

Crescent Energy surpasses Q2 expectations, targets investment-grade status

Crescent Energy's Q2 performance exceeded estimates, showcasing operational strength and financial resilience. With a focus on improving capital efficiencies and reducing debt, the company aims to achieve investment-grade status. Strategic capital market activities and revised guidance present growth opportunities amidst a positive outlook for 2023.

Crescent Energy achieves record Q3 results, eyes growth opportunities

Crescent Energy's Q3 2023 performance was exceptional, marked by record production, cash flow, and successful acquisitions. The company's strong financial position, commitment to generating free cash flow, and strategic focus on growth opportunities underscore a promising outlook for investors.

Crescent Energy (CRGY) reports strong 2023 performance and outlines growth strategies for 2024

Crescent Energy's strong 2023 performance, focus on operational efficiencies, and strategic acquisitions have enhanced its value proposition for investors. With a solid balance sheet, hedging strategy, and commitment to shareholder returns, the company is well-positioned for growth in 2024 despite potential challenges.

Crescent Energy excels in Q1 2024, eyes growth through acquisitions

Crescent Energy's Q1 2024 showcased strong financial and operational performance, driven by record production and robust free cash flow generation.
The company's strategic focus on acquisitions, capital structure refinancing, and enhanced production guidance highlights a commitment to value creation.
While facing challenges in capital allocation and operational efficiency, Crescent Energy remains poised to capitalize on opportunities for growth and portfolio enhancement.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Crescent Energy Co. is a United States based energy company that focuses on delivering shareholder value through a disciplined growth through acquisition strategy and consistent return of capital. The company’s long-life, balanced portfolio combines stable cash flows from low-decline production with deep, high-quality development inventory. Its activities are focused in Texas and the Rocky Mountain region. Crescent Energy was founded in 2021 and is headquartered in Houston, TX.

Crescent Energy (CRGY) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Looking for a Fast-paced Momentum Stock at a Bargain? Consider Crescent Energy (CRGY)

Camtek

Costamare

Invesco Mortgage Capital

SM Energy

IVR, CAMT, CRGY, CMRE and SM have been added to the Zacks Rank #1 (Strong Buy) List on May 23, 2024.

New Strong Buy Stocks for May 23rd

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) today announced that S&P Global Ratings (“S&P”) and Fitch Ratings, Inc. (“Fitch”) have taken positive ratings actions on Crescent, pending the closing of the previously announced acquisition of SilverBow Resources, Inc. (“SilverBow”) on May 16, 2024. In addition, Moody's Ratings (“Moody's”) reaffirmed its stable outlook. In their releases, the agencies recognized the transaction's compelling str.

Crescent Energy Receives Favorable Responses from All Three Rating Agencies on Its Recently Announced Agreement to Acquire SilverBow Resources

SilverBow Resources

Crescent Energy (CRGY) shareholders will own about 69-79% of the combined company, while SilverBow (SBOW) shareholders will own around 21-31% post completion of the deal.

Crescent (CRGY) & SilverBow (SBOW) Unite in $2.1B Merger

NEW ORLEANS , May 16, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

SILVERBOW RESOURCES INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of SilverBow Resources, Inc. - SBOW

NEW YORK , May 16, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: SilverBow Resources, Inc. (NYSE: SBOW)'s  sale to Crescent Energy Company. Under the terms of the proposed transaction, SilverBow shareholders would receive 3.125 shares of Crescent Class A common stock for each share of SilverBow common stock, with the option to elect to receive all or a portion of the proceeds in cash at a value of $38 per share, subject to possible pro ration with a maximum total cash consideration for the transaction of $400 million.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SBOW, CRGY

SilverBow Resources has agreed to be acquired by its Houston-based rival Crescent Energy in a deal valued at $2.1 billion.

Crescent Energy to Acquire SilverBow in $2.1B Deal

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Crescent Energy Company (NYSE: CRGY) and SilverBow Resources, Inc. is fair to Crescent shareholders. Halper Sadeh encourages Crescent shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Crescent and its board vio.

CRGY Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Crescent Energy Company Is Fair to Shareholders

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) and SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow”), today announced that they have entered into a definitive agreement pursuant to which Crescent will acquire SilverBow in a transaction valued at $2.1 billion. The transaction will create a scaled company with a balanced portfolio of high-quality and long-life assets, an attractive, returns-driven financial framework and strong balance sheet, led b.

Crescent Energy to Acquire SilverBow Resources for $2.1 Billion, Creating a Leading Growth Through Acquisition Company with a Premier Eagle Ford Position

Oil and gas producer Crescent Energy is in advanced talks to buy SilverBow Resources that values it at $2.1 billion, Bloomberg News reported on Thursday, citing people familiar with the matter.

Crescent Energy nears $2.1 billion deal for SilverBow, Bloomberg News reports

Crescent Energy Company (NYSE:CRGY ) Q1 2024 Earnings Conference Call May 7, 2024 11:00 AM ET Company Participants Reid Gallagher - Principal, Investor Relations David Rockecharlie - CEO Brandi Kendall - CFO Conference Call Participants Neal Dingmann - Truist Securities Oliver Huang - TPH Jarrod Giroue - Stephens John Freeman - Raymond James Hanwen Chang - Wells Fargo Nevin Mathew - JPMorgan Operator Greetings and welcome to Crescent Energy Q1 2024 Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Crescent Energy Company (CRGY) Q1 2024 Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) today announced financial and operating results for the first quarter of 2024. Crescent's earnings release and supplemental earnings presentation can be accessed via the Investor Relations section of Crescent's website at https://ir.crescentenergyco.com. The Company's first quarter 2024 conference call is planned for 10 a.m. CT (11 a.m. ET) on Tuesday, May 7, 2024. About Crescent Energy Company Crescent.

Crescent Energy Reports First Quarter 2024 Results

Black Stone Minerals LP

VAALCO Energy

GeoPark

Kosmos Energy

Permian Resources Corp

Talos Energy Inc

With the geopolitical winds churning, the concept of cheap energy stocks has become even more critical. Basically, the window of opportunity may be fading.

7 Affordable Energy Stocks to Buy Under $20

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Wall Street Analysts Think Crescent Energy (CRGY) Is a Good Investment: Is It?

Recently, Zacks.com users have been paying close attention to Crescent Energy (CRGY). This makes it worthwhile to examine what the stock has in store.

Is Most-Watched Stock Crescent Energy Company (CRGY) Worth Betting on Now?

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) today announced plans to host a conference call and webcast at 10 a.m. CT, on Tuesday, May 7, 2024 to discuss its first quarter 2024 financial and operating results. The Company plans to release results after market close on Monday, May 6, 2024. The release and supplemental slides will be available on the company's website at https://ir.crescentenergyco.com. Conference Call Information Time: 10 a.m. CT (11 a.m. ET) Date: Tuesday, Ma.

Crescent Energy Schedules First Quarter 2024 Earnings Release and Conference Call

In the most recent trading session, Crescent Energy (CRGY) closed at $10.97, indicating a +1.67% shift from the previous trading day.

Crescent Energy (CRGY) Rises As Market Takes a Dip: Key Facts

Crescent Energy (CRGY) closed the most recent trading day at $11.67, moving -1.52% from the previous trading session.

Crescent Energy (CRGY) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Constellation Energy Corp

Diversified Energy Co PLC

OPAL Fuels Inc

Rising wind energy's share in total electricity generation and booming electric vehicle market should boost alternative energy stocks amid rising wind turbine prices. You may buy CEG, CRGY, OPAL and DEC.

4 Alternative Energy Stocks to Buy Buoyed by Solid Investments

Ormat Technologies

Investors with an interest in Alternative Energy - Other stocks have likely encountered both Crescent Energy (CRGY) and Ormat Technologies (ORA). But which of these two stocks presents investors with the better value opportunity right now?

CRGY vs. ORA: Which Stock Is the Better Value Option?

The mean of analysts' price targets for Crescent Energy Company (CRGY) points to a 39% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Does Crescent Energy Company (CRGY) Have the Potential to Rally 39.01% as Wall Street Analysts Expect?

HOUSTON--(BUSINESS WIRE)--Crescent Energy Finance LLC (“CE Finance”), a wholly owned subsidiary of Crescent Energy Company (NYSE: CRGY) (“Crescent”), announced today that the tender offer (the “Tender Offer”) commenced on March 19, 2024 to purchase any and all of the outstanding 7.250% Senior Notes due 2026 (the “Notes”) expired at 5:00 p.m. New York City time on March 25, 2024 (the “Expiration Time”). According to Global Bondholder Services Corporation, the tender agent for the offer, valid te.

Crescent Energy Announces Expiration and Results of Its Tender Offer for Its 7.250% Senior Notes Due 2026

Alphatec Hlds

Bumble

HighPeak Energy Inc

Schrodinger 

Tandem Diabetes Care

Zai Lab Ltd.

Small cap stocks like those discussed below tend to receive much less attention than their large cap competitors. Shares, which boast a market capitalization between $250 million and $2 billion, remain relatively small.

Shhh! 7 Small-Cap Stocks That Can Double by 2025

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“we” or “our”) announced today that its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) has priced its previously announced private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers of $700 million aggregate principal amount of 7.625% Senior Notes due 2032 (the “Notes”). The Notes mature on April 1, 2032 and pay interest at the.

Crescent Energy Announces Pricing of $700 Million Private Placement of 7.625% Senior Notes Due 2032

HOUSTON--(BUSINESS WIRE)--Crescent Energy Finance LLC (“CE Finance”), a wholly owned subsidiary of Crescent Energy Company (“Crescent”) announced today that it has commenced a cash tender offer (the “Tender Offer”) to purchase any and all of the outstanding senior notes (the “Notes”) listed in the following table upon the terms and conditions described in CE Finance's Offer to Purchase, dated March 19, 2024 (the “Offer to Purchase”). Issuer (1) Title of Security CUSIP Number Principal Amount Ou.

News for Crescent Energy Stock (CRGY)