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.

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Crescent Energy Co. is a differentiated U.S. energy company committed to delivering value through a disciplined, returns-driven 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 a deep, high-quality development inventory. Its activities are focused in Texas and the Rocky Mountain region. Crescent Energy is headquartered in Houston, TX.

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 pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers, $750 million aggregate principal amount of Senior Notes due 2033 (the “Notes”). The Notes will be guaranteed on a senior unsecured basis by all.

Crescent Energy Announces Offering of $750 Million Private Placement of Senior Notes Due 2033

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Crescent Energy (CRGY) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Here Is Why Bargain Hunters Would Love Fast-paced Mover Crescent Energy (CRGY)

The mean of analysts' price targets for Crescent Energy (CRGY) points to a 43.4% 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.

Wall Street Analysts Think Crescent Energy (CRGY) Could Surge 43.44%: Read This Before Placing a Bet

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The mean of analysts' price targets for Crescent Energy (CRGY) points to a 40.6% 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.

Wall Street Analysts Believe Crescent Energy (CRGY) Could Rally 40.64%: Here's is How to Trade

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)

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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

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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.

News for Crescent Energy Stock (CRGY)