Crescent Energy Co
NYSE:CRGY

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Crescent Energy Co
NYSE:CRGY
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Price: 9.47 USD -0.32% Market Closed
Market Cap: 2.4B USD

Crescent Energy Co
Investor Relations

Crescent Energy Co. emerged as a noteworthy player in the energy sector, skillfully navigating the complexities of the modern energy landscape. The company's operations are strategically anchored in acquiring and developing oil and natural gas properties, a model that capitalizes on identifying high-potential assets and optimizing their performance through advanced recovery techniques and efficient management practices. Unlike many of its peers, Crescent Energy Co. thrives on its ability to balance exploration with a pragmatic approach to production, ensuring steady cash flows while mitigating risks associated with volatile commodity prices. This balancing act positions Crescent as a robust entity in a frequently turbulent industry, allowing it to grow its portfolio and enhance shareholder value over time.

Underpinning Crescent Energy's business is a diversified strategy that encompasses both upstream and midstream segments. The upstream activities, encompassing exploration and production, are the primary revenue drivers, propelled by a commitment to innovation and sustainable practices. Crescent Energy Co. also invests strategically in midstream operations, including the storage and transportation of resources, which ensures robust logistical support for their upstream ventures and provides an additional revenue stream. This integrated approach not only fortifies the company against market fluctuations but also facilitates long-term sustainability. Through meticulous asset management and operational efficiency, Crescent Energy Co. maintains its reputation as a reliable innovator in the energy domain.

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Earnings Calls

2025 Q1
May 6, 2025
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Crescent Energy Achieves Strong Q1 2025 Results with Strategic Flexibility
2025 Q1
May 6, 2025

Crescent Energy reported strong Q1 2025 results, generating over $242 million in levered free cash flow, equating to a 45% annualized free cash flow yield. The company continued to perform well, with production reaching 258,000 barrels of oil equivalent per day. Capital expenditures were $208 million, better than expected, allowing for flexibility in operations. Crescent emphasized its ability to adjust capital allocation in response to commodity price fluctuations. Despite market volatility, they anticipate an oil production increase of low to mid-single digits quarterly and have maintained 60% of 2025 production hedged at attractive prices, with a dividend of $0.12 per share announced【4:1†source】【4:5†source】.

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Management

Mr. David C. Rockecharlie
CEO & Director
No Bio Available
Ms. Brandi Kendall
CFO, Investor Relations & Director
No Bio Available
Mr. John Clayton Rynd
Executive Vice President of Investments
No Bio Available
Mr. Todd N. Falk
Chief Accounting Officer
No Bio Available
Mr. Bo Shi
General Counsel & Corporate Secretary
No Bio Available

Contacts

Address
TEXAS
Houston
600 Travis Street, Suite 7200
Contacts