Crescent Energy CRGY Exploration Expense
Exploration Expense at other companies
Other financials
Where this comes from
Reported directly by Crescent Energy in its filing.
Tagged under the XBRL concept us-gaap:ExplorationExpense.
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 exploration expense?
- Crescent Energy (CRGY) reported exploration expense of $6.52M in Q1 2026.
- How has Crescent Energy's exploration expense changed year-over-year?
- Crescent Energy's exploration expense increased by 2030.4% year-over-year, from $306K to $6.52M.
- What is the long-term trend for Crescent Energy's exploration expense?
- Over 3 years (2021 to 2025), Crescent Energy's exploration expense has grown at a 142.3% compound annual growth rate (CAGR), from $1.18M to $16.8M.
- What does exploration expense mean?
- Captures the costs associated with geological and geophysical studies, exploratory drilling, and other activities aimed at identifying new hydrocarbon reserves. This expense is a key indicator of a company's commitment to organic growth and long-term reserve replacement. High exploration spending reflects an aggressive growth strategy, whereas lower spending may indicate a focus on harvesting existing assets.