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Crescent Energy Company Class A
(NYSE:CRGY)
Crescent Energy Company Class A (CRGY) vs. SPDR S&P 500 ETF (SPY)
Crescent Energy Company Class A Business Overview & Revenue Model
Crescent Energy Company Class A Earnings Call Summary
Crescent Energy Company Class A Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.93B | 2.38B | 3.06B | 1.48B | 754.22M |
| Gross Profit | 2.40B | 1.30B | 2.62B | 1.23B | 552.04M |
| EBITDA | 996.99M | 1.17B | 1.15B | -69.01M | 194.30M |
| Net Income | -114.61M | 67.61M | 480.60M | -432.23M | -216.12M |
Balance Sheet | |||||
| Total Assets | 9.33B | 6.80B | 6.02B | 5.16B | 3.91B |
| Cash, Cash Equivalents and Short-Term Investments | 132.82M | 2.97M | -10.75M | 128.58M | 36.86M |
| Total Debt | 3.13B | 1.76B | 1.26B | 1.09B | 774.79M |
| Total Liabilities | 4.79B | 3.17B | 2.72B | 2.14B | 1.01B |
| Stockholders Equity | 3.14B | 1.70B | 848.11M | 682.21M | 2.72B |
Cash Flow | |||||
| Free Cash Flow | -21.20M | -494.83M | -206.96M | -37.54M | 284.86M |
| Operating Cash Flow | 1.22B | 935.77M | 1.01B | 233.15M | 411.03M |
| Investing Cash Flow | -1.20B | -1.40B | -1.12B | -244.59M | -124.94M |
| Financing Cash Flow | 207.39M | 456.46M | -7.84M | 105.14M | -272.09M |
Crescent Energy Company Class A Technical Analysis
Crescent Energy Company Class A Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $2.87B | 3.55 | 12.73% | 9.58% | 22.14% | 5.69% | |
77 Outperform | $1.80B | 9.46 | 12.64% | 18.30% | ― | ― | |
76 Outperform | $2.77B | 4.37 | 29.41% | 6.05% | 9.73% | 5.01% | |
72 Outperform | $3.14B | 3.84 | 20.28% | 2.88% | 26.04% | 11.96% | |
68 Neutral | $1.79B | 45.09 | 2.88% | 11.64% | 3.20% | -91.39% | |
67 Neutral | $15.28B | 9.73 | 6.25% | 5.18% | 4.49% | -71.88% | |
60 Neutral | $2.95B | 23.27 | -3.54% | 5.17% | 31.58% | -114.70% |
Crescent Energy Company Class A Corporate Events
On July 8, 2025, Crescent Energy Finance LLC, a subsidiary of Crescent Energy Company, issued $600 million in 8.375% Senior Notes due 2034. These notes are senior unsecured obligations guaranteed by the issuer’s existing subsidiaries but not by Crescent Energy Company itself. Additionally, Crescent Energy announced the early results of its tender offer to purchase up to $500 million of its 9.250% Senior Notes due 2028, with $306.125 million of these notes validly tendered by July 7, 2025. The tender offer is set to expire on July 22, 2025, unless extended or terminated.
The most recent analyst rating on (CRGY) stock is a Buy with a $18.00 price target. To see the full list of analyst forecasts on Crescent Energy Company Class A stock, see the CRGY Stock Forecast page.
On June 23, 2025, Crescent Energy Finance LLC, an indirect subsidiary of Crescent Energy Company, announced the pricing of $600 million in 8.375% Senior Notes due 2034. The proceeds from this offering, along with additional borrowings and cash on hand, are intended to fund a tender offer for a portion of the company’s outstanding 9.250% Senior Notes due 2028 and other corporate purposes. This strategic financial move is expected to enhance Crescent Energy’s capital structure and provide flexibility in managing its debt obligations.
The most recent analyst rating on (CRGY) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on Crescent Energy Company Class A stock, see the CRGY Stock Forecast page.
On June 23, 2025, Crescent Energy Finance LLC announced its intention to offer $500 million in Senior Notes due 2034 through a private placement, subject to market conditions. The proceeds from this offering are intended to fund a cash tender offer to purchase up to $500 million of its outstanding 9.250% Senior Notes due 2028. This financial maneuver aims to optimize the company’s debt structure and potentially improve its financial flexibility, impacting its stakeholders by possibly enhancing its market positioning and operational efficiency.
The most recent analyst rating on (CRGY) stock is a Hold with a $12.00 price target. To see the full list of analyst forecasts on Crescent Energy Company Class A stock, see the CRGY Stock Forecast page.
On May 19, 2025, Crescent Energy Company announced the appointment of Joey Hall as Chief Operating Officer, effective June 2, 2025. Hall, previously with Pioneer Natural Resources Company, brings extensive experience in operational leadership, particularly in the Eagle Ford and Permian Basin regions. His appointment is expected to enhance Crescent’s operational capabilities and support its growth strategy, focusing on innovation, environmental responsibility, and shareholder value.
The most recent analyst rating on (CRGY) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on Crescent Energy Company Class A stock, see the CRGY Stock Forecast page.
Crescent Energy Company reported strong financial results for the first quarter of 2025, with key metrics meeting or exceeding expectations. The company generated $337 million in operating cash flow and $242 million in levered free cash flow, reflecting a 45% annualized yield. Crescent improved its South Texas drilling costs by 10% and executed $90 million in non-core asset divestitures. The acquisition of Ridgemar Energy was completed on January 31, 2025, enhancing Crescent’s Eagle Ford position. The company simplified its corporate structure by transitioning to a single class of common stock and repurchased $30 million of shares. Crescent’s outlook for 2025 includes a flexible rig program and an 11-month contribution from the Ridgemar assets, with a focus on maximizing returns and free cash flow.