Crescent Energy CRGY Payments To Acquire Oil And Gas Property
Payments To Acquire Oil And Gas Property at other companies
Other financials
Where this comes from
Reported directly by Crescent Energy in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquireOilAndGasProperty.
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 payments to acquire oil and gas property?
- Crescent Energy (CRGY) reported payments to acquire oil and gas property of $351.82M in Q1 2026.
- How has Crescent Energy's payments to acquire oil and gas property changed year-over-year?
- Crescent Energy's payments to acquire oil and gas property decreased by 59.3% year-over-year, from $864.67M to $351.82M.
- What is the long-term trend for Crescent Energy's payments to acquire oil and gas property?
- Over 3 years (2021 to 2024), Crescent Energy's payments to acquire oil and gas property has grown at a 67.7% compound annual growth rate (CAGR), from $118.34M to $558.6M.
- What does payments to acquire oil and gas property mean?
- This captures the cash outflows associated with the inorganic acquisition of proved or unproved oil and gas properties. It reflects the company's strategy to grow through external expansion rather than solely through internal drilling. This metric is critical for assessing the cost-effectiveness of the company's M&A strategy.