Crescent Energy Co - Understand $crgy stock

$CRGY Market Cap: $3.292 Billion

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Financial Snapshot

Revenue

$2.713B

TTM

Gross Margin

54.45%

TTM

Net Earnings

$58.97M

TTM

Current Assets

$864.7M

Q3 2024

Current Liabilities

$929.8M

Q3 2024

Current Ratio

93.0%

Q3 2024

Total Assets

$9.250B

Q3 2024

Total Liabilities

$5.055B

Q3 2024

Book Value

$4.195B

Q3 2024

Cash

$136.2M

Q3 2024

P/E

55.83

Nov 29, 2024 EST

Free Cash Flow

-$30.43M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018
Revenue	$2.383B	$3.057B	$1.477B	$754.2M	$1.087B	$1.199B
YoY Change	-22.06%	106.98%	95.83%	-30.63%	-9.33%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018
Revenue	$2.383B	$3.057B	$1.477B	$754.2M	$1.087B	$1.199B
Cost Of Revenue	$1.078B	$1.013B	$609.7M	$491.3M	$546.1M	$531.4M
Gross Profit	$1.304B	$2.044B	$867.3M	$262.9M	$541.1M	$667.8M
Gross Profit Margin	54.74%	66.85%	58.72%	34.86%	49.77%	55.69%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018
Selling, General & Admin	$134.9M	$76.93M	$78.34M	$16.54M	$2.357M	$14.37M
YoY Change	75.34%	-1.81%	373.59%	601.82%	-83.59%
% of Gross Profit	10.34%	3.76%	9.03%	6.29%	0.44%	2.15%
Research & Development	$9.328M	$3.425M	$1.180M	$486.0K	$469.0K	$5.815M
YoY Change	172.35%	190.25%	142.8%	3.62%	-91.93%
% of Gross Profit	0.72%	0.17%	0.14%	0.18%	0.09%	0.87%
Depreciation & Amortization	$675.8M	$532.9M	$312.8M	$372.3M	$311.2M	$267.9M
YoY Change	26.81%	70.38%	-15.99%	19.64%	16.16%
% of Gross Profit	51.81%	26.08%	36.07%	141.6%	57.51%	40.11%
Operating Expenses	$2.058B	$1.773B	$993.2M	$1.128B	$860.1M	$288.1M
YoY Change	16.07%	78.5%	-11.94%	31.13%	198.59%
Operating Profit	$324.7M	$1.284B	$483.7M	-$373.6M	$227.1M	$379.7M
YoY Change	-74.71%	165.47%	-229.47%	-264.51%	-40.19%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018
Interest Expense	$145.8M	$95.94M	$50.74M	$38.11M	$53.58M	$8.161M
YoY Change	51.98%	89.08%	33.15%	-28.87%	556.5%
% of Operating Profit	44.9%	7.47%	10.49%		23.59%	2.15%
Other Income/Expense, Net	$20.48M	-$767.3M	-$916.3M	$157.5M	-$180.4M	$945.0K
YoY Change	-102.67%	-16.26%	-681.69%	-187.33%	-19187.51%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018
Pretax Income	$345.2M	$516.9M	-$432.5M	-$216.1M	$46.74M	$377.3M
YoY Change	-33.21%	-219.5%	100.14%	-562.4%	-87.61%
Income Tax	$23.23M	$36.29M	-$306.0K	$14.00K	$28.00K	$220.0K
% Of Pretax Income	6.73%	7.02%			0.06%	0.06%
Net Earnings	$67.61M	$96.67M	-$19.38M	$0.00	$0.00	$278.9M
YoY Change	-30.06%	-598.94%			-100.0%
Net Earnings / Revenue	2.84%	3.16%	-1.31%	0.0%	0.0%	23.26%
Basic Earnings Per Share
Diluted Earnings Per Share	$0.40	$0.58	-$2.115M	-$695.3K	$268.6K	$1.634M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019
Cash & Short-Term Investments	$2.974M	$0.00	$128.6M	$36.86M	$19.89M
YoY Change		-100.0%	248.82%	85.29%
Cash & Equivalents	$2.974M	$0.00	$128.6M	$36.86M	$19.89M
Short-Term Investments
Other Short-Term Assets	$105.9M	$56.99M	$8.844M	$71.77M	$42.63M
YoY Change	85.9%	544.36%	-87.68%	68.34%
Inventory
Prepaid Expenses
Receivables	$506.7M	$459.8M	$342.2M	$111.8M	$103.3M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$615.7M	$516.7M	$479.6M	$220.4M	$165.8M
YoY Change	19.14%	7.74%	117.57%	32.94%
Property, Plant & Equipment	$6.116B	$5.438B	$4.557B	$3.642B	$3.774B
YoY Change	12.47%	19.32%	25.13%	-3.48%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$6.076M	$15.04M	$15.42M
YoY Change	-59.6%	-2.45%
Other Assets	$65.78M	$50.30M	$28.45M	$44.77M	$58.16M
YoY Change	30.77%	76.79%	-36.45%	-23.01%
Total Long-Term Assets	$6.188B	$5.503B	$4.678B	$3.687B	$3.832B
YoY Change	12.44%	17.64%	26.88%	-3.78%
Total Assets	$6.803B	$6.020B	$5.157B	$3.907B	$3.998B
YoY Change
Accounts Payable	$125.0M	$104.3M	$87.34M	$15.02M	$45.01M
YoY Change	19.81%	19.47%	481.5%	-66.63%
Accrued Expenses	$488.5M	$420.3M	$251.8M	$65.67M	$84.36M
YoY Change	16.22%	66.91%	283.49%	-22.16%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$4.233M	$3.341M	$1.606M
YoY Change	26.7%	108.03%
Total Short-Term Liabilities	$750.3M	$893.7M	$616.1M	$120.7M	$200.9M
YoY Change	-16.06%	45.06%	410.58%	-39.93%
Long-Term Debt	$1.701B	$1.255B	$1.034B	$751.1M	$972.1M
YoY Change	35.58%	21.38%	37.66%	-22.74%
Other Long-Term Liabilities	$453.3M	$424.8M	$405.2M	$142.5M	$112.5M
YoY Change	6.72%	4.83%	184.44%	26.67%
Total Long-Term Liabilities	$2.155B	$1.680B	$1.439B	$893.5M	$1.085B
YoY Change	28.28%	16.72%	61.06%	-17.61%
Total Liabilities	$5.099B	$5.172B	$4.475B	$1.190B	$2.116B
YoY Change	-1.42%	15.56%	275.92%	-43.73%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $3.292 Billion

About Crescent Energy Co

Crescent Energy Co. operates as an energy company. The company is headquartered in Houston, Texas and currently employs 904 full-time employees. The company went IPO on 2021-12-08. The Company’s operations are focused on Texas and the Rockies with active development in the Eagle Ford and Uinta basins. The company also operates conventional assets in Wyoming, where it is active in carbon capture, use and storage (CCUS). The company is an operator in the Eagle Ford with a proven ability to scale and safely capture operational upside. The company operates in both the oil and condensate windows of the Eagle Ford. Its Uinta position has a large inventory of low-risk undeveloped locations with significant resource potential across multiple, prolific formations. The Uinta basin produces high-value crude, and it has secured takeaway capacity into the Salt Lake City refining complex. Its Wyoming operations comprise low-decline conventional production spanning numerous conventional fields. The company operates two enhanced oil recovery projects (EOR) in Wyoming.

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