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 2024

Crescent Energy reports robust Q1 performance and strategic acquisition

Crescent Energy's Q1 2023 earnings call highlighted a strong performance, underpinned by a significant acquisition and robust financial position. The company's ability to deliver strong production and EBITDA, while maintaining a healthy balance sheet and liquidity, positions it for sustained growth. Addressing analyst inquiries and effectively managing challenges will be crucial for Crescent Energy to capitalize on the opportunities presented by the acquisition and the current market environment.

Crescent Energy surpasses Q2 estimates, eyes growth opportunities in 2024

Crescent Energy's Q2 performance exceeded expectations, showcasing operational and financial strength. The company's proactive approach in the capital markets and strategic focus on long-term execution position it for continued success. Analyst inquiries highlighted potential growth opportunities and operational efficiencies.

Crescent Energy Achieves Record Quarter, Eyes Investment-Grade Status

Crescent Energy had a record quarter both operationally and financially, demonstrating strong free cash flow, disciplined and high-return investments, and exceptional operating performance. While they face challenges in managing increased debt and balancing growth with shareholder returns, the company's focus on generating free cash flow and maintaining a low reinvestment rate presents opportunities for future value creation.

CRGY (CRGY) excels in Q4 2023, focuses on sustainability and growth

CRGY (CRGY) reported a successful Q4 2023 with notable achievements in financial performance, sustainability efforts, and strategic initiatives. The company's commitment to shareholder returns, operational excellence, and simplifying the business underscores a positive outlook for future growth.

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Crescent Energy Co. operates as an energy company. It develops and acquires oil, natural gas and NGL reserves. The company was founded in 2002 and is headquartered in Houston, TX.

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

Crescent Energy (CRGY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Crescent Energy (CRGY) Beat Estimates Again in Its Next Earnings Report?

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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

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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.

Crescent Energy Announces Tender Offer for Its 7.250% Senior Notes due 2026

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“we” or “our”) announced today that, subject to market conditions, its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) intends to offer for sale in a private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers $700 million aggregate principal amount of Senior Notes due 2032 (the “Notes”). The Notes will be guaranteed on a senior.

Crescent Energy Announces Offering of $700 Million Private Placement of Senior Notes Due 2032

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (“Crescent” or the “Company”) (NYSE: CRGY) today announced the pricing of an underwritten public offering of 12,000,000 shares of its Class A common stock, par value $0.0001 per share (“common stock”), at a price to the public of $10.50 per share, pursuant to a registration statement on Form S-3 (the “Registration Statement”) filed on March 6, 2024 with the U.S. Securities and Exchange Commission (the “SEC”). The common stock is being offered by.

Crescent Energy Company Announces Pricing of Secondary Public Offering of Common Stock and Agreement to Repurchase OpCo Units

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (“Crescent” or the “Company”) (NYSE: CRGY) today announced the commencement of an underwritten public offering of 12,000,000 shares of its Class A common stock, par value $0.0001 per share (“common stock”). The common stock is being offered by Independence Energy Aggregator L.P. (the “Selling Stockholder”), the direct owner of the shares being offered and the entity through which certain unaffiliated limited partners and affiliated entities hold.

Crescent Energy Company Announces Secondary Public Offering of Common Stock and Intention to Repurchase OpCo Units

Crescent Energy beats earnings expectations, mainly through the effects of hedging gains compared to hedging losses the year before.

Crescent Energy: The Beginning Of A Lot Of Potential Gains

Crescent Energy Company (NYSE:CRGY ) Q4 2023 Earnings Conference Call March 5, 2024 11:00 AM ET Company Participants Reid Gallagher - Principal, Investor Relations David Rockecharlie - Chief Executive Officer & Member-Board of Directors Brandi Kendall - Chief Financial Officer & Member, Board of Directors Clay Rynd - Executive Vice President, Investments Conference Call Participants Neal Dingmann - Truist Securities John Abbott - Bank of America Tarek Hamid - JPMorgan Hanwen Chang - Wells Fargo Securities Operator Greetings. Welcome to the Crescent Energy Q4 and Full Year 2023 Results Conference Call.

Crescent Energy Company (CRGY) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Crescent Energy (CRGY) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Crescent Energy (CRGY) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) today announced its fourth quarter and full year 2023 financial and operating results, as well as its 2024 capital budget and production outlook. 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 fourth quarter and full year 2023 conference call is planned for 10 a.

Crescent Energy Reports Fourth Quarter and Full Year 2023 Results

Crescent Energy (CRGY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Crescent Energy (CRGY) to Report a Decline in Earnings: What to Look Out for

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, March 5, 2024 to discuss its fourth quarter and full year 2023 financial and operating results, as well as its outlook for 2024. The Company plans to release results after market close on Monday, March 4, 2024. The release and supplemental slides will be available on the company's website at https://ir.crescentenergyco.com. Conference Call Informa.

Crescent Energy Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

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Crescent Energy is a major consolidator that seeks out sellers in areas with a lack of buyers, allowing them to find better deals while avoiding bidding wars. The company has been building a strong position in the Eagle Ford, where prices are more reasonable compared to the Permian. Management focuses on operational improvements to drive down costs and improve production, with advancements in technology playing a key role.

Crescent Energy: Differentiated Acquisition Strategy

Crescent Energy recently acquired SN EF Maverick and working interests in Western Eagle Ford assets, which could lead to production and reserve increases. The company reported better than expected revenue and EPS, and reaffirmed its 2023 guidance. Crescent's efficiency efforts, including drilling and completion speed and lower well costs, could bring margin enhancements in the future.

Crescent Energy: Recent Acquisitions And Efficiency Efforts Imply A Cheap Valuation

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) ("Crescent" or the "Company") today announced that it received the Oil & Gas Methane Partnership's (“OGMP 2.0”) Gold Standard pathway rating for a second consecutive year. The prestigious rating signifies that a company has a credible multi-year plan to accurately measure its methane emissions. OGMP 2.0 is the United Nations Environment Programme's flagship oil and gas reporting and mitigation program and the leading industry st.

Crescent Energy Receives a Gold Standard Pathway Rating from the United Nations' Oil & Gas Methane Partnership for a Second Consecutive Year

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