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Crescent Energy

CRGY

Crescent Energy Company is an independent energy company focused on the acquisition, development, and operation of oil and natural gas properties across the United States.

Market cap
$3.46B+43.5%
Revenue$3.8B+18.3%
Net income-$276.1M-198%
EPS (diluted)-$0.72-9.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 3, 2026 (In 5 days)
Revenue estimate$1.3B
EPS estimate$0.59

Financials

Q1 2026

Income statement

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Revenue$1.2B+24.5%
Operating income$327.5M+90.2%
Net income-$419.8M-19,428%
EPS (diluted)-$1.28-12,700%

Balance sheet

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Cash & equivalents$32.6M+37.3%
Total debt$5.2B+45.5%
Total equity$4.7B+43.5%
Total assets$12.0B+21.5%

Cash flow

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Operating cash flow$409.2M+21.4%

Valuation & ratios

Valuation

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Market cap$3.46B+43.5%
Enterprise value$8.67B+49.8%
P/S0.9×+0.2×

Profitability

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Net margin-7.2%-21.1pp

Returns & leverage

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Return on equity-6.9%+254pp
Debt / equity1.1×0.0×
Current ratio0.6×-0.2×

Segments

By product

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Oil$893.3M+44.2%
Natural gas$158.4M-15.5%
Natural gas liquids$125.1M+16.3%
Midstream and other$6.0M-83.0%

By segment

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Reportable Segment$1.2B+24.5%

Competitors

Profile

Crescent Energy Company is an independent energy company focused on the acquisition, development, and operation of oil and natural gas properties across the United States. The company leverages a management agreement with KKR to access global investment expertise, strategic planning, and capital markets solutions. Its core value proposition lies in maintaining a balanced portfolio of low-decline production and high-quality development inventory in premier basins.

Competitive position

A growth-oriented E&P company differentiated by its strategic management relationship with KKR and a diversified asset base across multiple premier U.S. basins.

GeographiesUnited States, Texas, Utah
Customer segmentsEnergy wholesalers, Refining companies, Utility companies
Business modelAsset-heavy, Resource extraction, Royalty-based
SuppliersOilfield service providers, Drilling equipment manufacturers, Independent reserve engineers, KKR management services
CustomersPetroleum refineries, Natural gas utilities, Chemical manufacturers, Energy marketing firms
Listed2021
Employees904.0
CEODavid C. Rockecharlie
SectorEnergy
FilingsSEC EDGAR

Questions, answered.

What is Crescent Energy's market cap?
Crescent Energy (CRGY) has a market capitalization of $3.5B and trades on NYSE.
What is Crescent Energy's revenue and profitability?
Crescent Energy generated $3.8B in trailing twelve-month revenue with a net loss of $276.1M, representing a net margin of -7.2%. These figures are based on the Q1 2026 filing.
Who are Crescent Energy's competitors?
Crescent Energy's key competitors include Diamondback Energy, Inc., EOG Resources, Inc., Evolution Petroleum Corporation, and others. These companies compete in similar markets and product categories.
Who does Crescent Energy partner with?
Crescent Energy's notable partners include KKR & Co. Inc., Western Midstream Partners, LP, Ryder Scott Company, L.P..
Where is Crescent Energy headquartered?
Crescent Energy is headquartered in United States of America and employs approximately 904 people. It has been publicly traded since 2021.