For Q1 FY2026 (ended March 31, 2026), Crescent Energy reported revenue of $1.18 billion, up 24.5% year-over-year. Operating income was $327.5 million, a 90.2% increase, while net income was a loss of $419.8 million, a significant decline from the prior year. Long-term debt stood at $5.24 billion.
•Revenue increased 24.5% YoY to $1.18 billion.
•Operating income rose 90.2% YoY to $327.5 million.
•Net loss of $419.8 million, compared to a small loss in the prior year.
•Long-term debt was $5.24 billion as of March 31, 2026.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Crescent Energy Company explores and produces crude oil, natural gas, and natural gas liquids in the United States. The company's activities focused in Eagle Ford, Permian, and Uinta Basins. It owns minerals and royalty interests across the U.S. oil and natural gas basins. Founded in 2011, Crescent Energy Company is headquartered in Houston, Texas.
Crescent Energy Company explores and produces crude oil, natural gas, and natural gas liquids in the United States. The company's operations are concentrated in three major basins: the Eagle Ford, Permian, and Uinta Basins. In addition to its operated properties, Crescent owns minerals and royalty interests across various U.S. oil and natural gas basins. This diversified portfolio allows the company to generate revenue through the sale of hydrocarbons, with a focus on efficient extraction and production. Founded in 2011 and headquartered in Houston, Texas, Crescent Energy is an independent energy company that targets both conventional and unconventional resources.
Where is Crescent Energy Company (CRGY) listed and what currency is used?
Crescent Energy Company is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol CRGY. The company's financial reporting and stock trading are denominated in U.S. Dollars (USD). As a U.S.-based company listed on a major American exchange, its shares are accessible to both domestic and international investors through standard brokerage accounts. The NYSE listing provides liquidity and visibility, while the use of USD simplifies transactions for investors in the United States and aligns with the company's operational currency.
What sector and industry does Crescent Energy Company (CRGY) operate in?
Crescent Energy Company operates in the Energy sector, specifically within the Oil & Gas Exploration and Production (E&P) industry. This means the company is primarily engaged in finding, extracting, and selling crude oil and natural gas. As an E&P company, Crescent focuses on upstream activities, which involve drilling wells and managing producing assets. The Energy sector is capital-intensive and subject to commodity price fluctuations, but Crescent's diversified basin presence—including the Eagle Ford, Permian, and Uinta Basins—helps mitigate some geological and operational risks.
Where is Crescent Energy Company (CRGY) headquartered and what is its geographic focus?
Crescent Energy Company is headquartered in Houston, Texas, a major hub for the energy industry. The company's operations are primarily focused on the United States, with key activities in the Eagle Ford Basin (South Texas), the Permian Basin (West Texas and New Mexico), and the Uinta Basin (Utah). These regions are among the most prolific oil and gas producing areas in the country. Additionally, Crescent owns minerals and royalty interests across various U.S. basins, giving it a broad geographic footprint within the domestic energy landscape. The company's U.S.-centric strategy allows it to leverage local infrastructure and regulatory familiarity.
How does Crescent Energy Company (CRGY) generate revenue?
Crescent Energy Company generates revenue primarily through the exploration and production of crude oil, natural gas, and natural gas liquids. The company sells these hydrocarbons to customers such as refiners, wholesalers, and other end-users. Revenue is driven by production volumes and commodity prices, which are influenced by global supply and demand dynamics. Crescent's portfolio includes both operated properties and non-operated mineral and royalty interests, providing multiple revenue streams. The company's focus on the Eagle Ford, Permian, and Uinta Basins allows it to target high-quality assets with favorable economics. By optimizing drilling and completion techniques, Crescent aims to maximize recovery and cash flow from its reserves.