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Crescent Energy CRGY Business Segments — Midstream and other operating expense

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Other financials

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

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Market cap$3.47B+105%

Profitability

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Operating margin9.1%-10.0pp
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×

Where this comes from

Reported directly by Crescent Energy in its filing.

Tagged under the XBRL concept crgy:MidstreamAndOtherOperatingExpense.

The official record: Crescent Energy’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Crescent Energy's business segments — midstream and other operating expense?
Crescent Energy (CRGY) reported business segments — midstream and other operating expense of $6.75M in Q1 2026.
How has Crescent Energy's business segments — midstream and other operating expense changed year-over-year?
Crescent Energy's business segments — midstream and other operating expense decreased by 77.4% year-over-year, from $29.82M to $6.75M.
What is the long-term trend for Crescent Energy's business segments — midstream and other operating expense?
Over 3 years (2022 to 2025), Crescent Energy's business segments — midstream and other operating expense has grown at a 105.3% compound annual growth rate (CAGR), from $13.51M to $116.95M.
What does business segments — midstream and other operating expense mean?
This metric includes miscellaneous operating costs related to midstream activities and other ancillary services not captured in direct lease operating expenses. It provides a broader view of the segment's operational overhead and external service requirements. Monitoring this helps identify hidden costs in the value chain beyond basic production.