Crescent Energy CRGY Business Segments — Lease and asset operating expense

Similar metrics at other companies

GPORReportable Segments — Lease operating expenses

$24.46M+20.6%

NFGTotal Reportable Segments — Lease Operating Expense

$17.36M+39.0%

UEReportable Segment — Lease expense

$2.08M-1.1%

SNAPReportable Segment — Operating Expenses

$633.33M+2.5%

NSAReportable Segment — Operating Costs and Expenses

$52.03M-5.6%

ANDGReportable Segment — Operating Expenses

$216.67M+39.4%

Questions, answered.

What is Crescent Energy's business segments — lease and asset operating expense?

Crescent Energy (CRGY) reported business segments — lease and asset operating expense of $234.16M in Q1 2026.

How has Crescent Energy's business segments — lease and asset operating expense changed year-over-year?

Crescent Energy's business segments — lease and asset operating expense increased by 22.0% year-over-year, from $192.01M to $234.16M.

What is the long-term trend for Crescent Energy's business segments — lease and asset operating expense?

Over 3 years (2022 to 2025), Crescent Energy's business segments — lease and asset operating expense has grown at a 22.1% compound annual growth rate (CAGR), from $438.75M to $798.22M.

What does business segments — lease and asset operating expense mean?

This metric captures the direct costs associated with operating and maintaining oil and gas properties, including labor, materials, and routine maintenance. It is a critical measure of the segment's operational efficiency and cost control in managing field assets. Lowering these expenses relative to production volume is essential for maintaining healthy margins in the energy sector.