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Crescent Energy CRGY Business Segments — Workover 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:WorkoverExpense.

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 — workover expense?
Crescent Energy (CRGY) reported business segments — workover expense of $30.34M in Q1 2026.
How has Crescent Energy's business segments — workover expense changed year-over-year?
Crescent Energy's business segments — workover expense increased by 89.4% year-over-year, from $16.02M to $30.34M.
What is the long-term trend for Crescent Energy's business segments — workover expense?
Over 3 years (2022 to 2025), Crescent Energy's business segments — workover expense has grown at a 3.7% compound annual growth rate (CAGR), from $66.86M to $74.54M.
What does business segments — workover expense mean?
This metric tracks the costs incurred for remedial operations on existing wells to restore or increase production levels. It reflects the ongoing investment required to maintain the productivity of mature assets. High levels of workover expense may indicate aging infrastructure or a strategic focus on optimizing existing well performance.