CRGY

HOUSTON, July 08, 2026--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) today announced plans to host a conference call and webcast at 10 a.m. CT, on Tuesday, August 4, 2026, to discuss its second quarter 2026 financial and operating results. The Company plans to release results after market close on Monday, August 3, 2026. The earnings release, supplemental slides and live webcast will be available through the Investors section of the Company’s website at www.crescentenergyco.com. Conference Call Information Time: 10 a.m. CT (11 a.m. ET)Date: Tuesday, August 4, 2026Conference Dial-In: 833-461-5787 / 585-542-9983 (Domestic / International)Meeting ID: 743 057 197Webcast Link: www.crescentenergyco.com A webcast replay will be available on the website following the call. About Crescent Energy Crescent is a differentiated energy company committed to delivering value through a disciplined, returns-driven growth through acquisition strategy and consistent return of capital. Our long-life, balanced portfolio combines significant cash flow from stable production with deep, high-quality development inventory. Our activities are focused in the Eagle Ford, Permian and Uinta Basins, and we own minerals and royalty interests across premier U.S. oil and natural gas basins, primarily operated by large, well-capitalized companies, with a core focus in the Eagle Ford. For additional information, please visit www.crescentenergyco.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260708779259/en/ Contacts [email protected] [email protected]

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Crescent Energy (CRGY), which belongs to the Zacks Alternative Energy - Other industry, could be a great candidate to consider. When looking at the last two reports, this oil and gas company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 55.45%, on average, in the last two quarters. For the last reported quarter, Crescent Energy came out with earnings of $0.53 per share versus the Zacks Consensus Estimate of $0.39 per share, representing a surprise of 35.90%. For the previous quarter, the company was expected to post earnings of $0.28 per share and it actually produced earnings of $0.49 per share, delivering a surprise of 75.00%. Thanks in part to this history, there has been a favorable change in earnings estimates for Crescent Energy lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Crescent Energy has an Earnings ESP of +3.23% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner. Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric. Many companies end up bea...

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at U.S. shale E&P stocks, starting with Crescent Energy (NYSE:CRGY). US shale oil producers extract crude from tight rock formations using horizontal drilling and hydraulic fracturing (fracking) techniques, primarily in basins like the Permian, Bakken, and Eagle Ford. Tailwinds include short-cycle investment flexibility allowing rapid production adjustments, technological improvements enhancing well productivity, and proximity to refining and export infrastructure. Capital discipline has improved financial returns. Headwinds include commodity price sensitivity affecting drilling economics, accelerating well decline rates requiring continuous capital investment, and increasing regulatory and ESG scrutiny. Water usage, induced seismicity concerns, and evolving environmental regulations present ongoing operational challenges. The 11 US shale E&P stocks we track reported a satisfactory Q1. As a group, revenues beat analysts’ consensus estimates by 2.7%. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 14.7% since the latest earnings results. Controlling over 1.4 million net acres across proven U.S. basins, Crescent Energy (NYSE:CRGY) extracts oil and natural gas from underground reservoirs in Texas and the Rocky Mountains. Crescent Energy reported revenues of $1.18 billion, up 24.5% year on year. This print was in line with analysts’ expectations, and overall, it was a very strong quarter for the company with a beat of analysts’ EPS and EBITDA estimates. Investor expectations, however, were likely higher than Wall Street’s published projections, leaving some wishing for even better results (analysts’ consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 30.9% since reporting and currently trades at $9.48. We think Crescent Energy is a good business, but is it a buy today? Read our full report here, it’s free. Holding the largest acreage position in the Williston Basin, Chord Energy (NASDAQ:CHRD) drills for and produces crude oil, natural gas liquids, and natural gas in North Dakota's Williston Basin. Chord Energy reported revenues of $1.67 billion, up 37.1% year on year,...

Crescent Energy recently received a Zacks Rank #1 (Strong Buy) upgrade, reflecting heightened optimism among analysts about its earnings prospects and underlying fundamentals. This upgrade underscores a shift in analyst expectations for Crescent’s future profitability, potentially raising investor attention to its evolving earnings profile. We’ll now examine how this Strong Buy upgrade, tied to improved earnings expectations, interacts with Crescent Energy’s existing investment narrative. Capitalize on the AI infrastructure supercycle with our selection of the 48 best 'picks and shovels' of the AI gold rush converting record-breaking demand into massive cash flow. Crescent Energy appeals most to investors who believe its acquisition driven model can translate scale and efficiency into consistent cash generation, despite commodity and regulatory headwinds. The Zacks Rank #1 upgrade highlights improving earnings expectations in the near term, but does not remove key risks around integration of acquired assets, potential underperformance of deals, and any setback that could weaken margins or reinforce the valuation discount that has kept some investors cautious. The most relevant recent update alongside the Zacks upgrade is Crescent’s Q1 2026 report, which paired record average production of 341 MBoe/d with a US$419.85 million net loss. For investors, this mix of higher volumes and weaker profitability keeps the focus on how effectively Crescent can convert its expanded production base into sustainable earnings and free cash flow, particularly as it balances capital intensive growth with shareholder return plans and an enlarged US$400 million buyback authorization. Yet while the earnings upgrade may look reassuring, investors should still be aware of how quickly acquisition driven growth can turn if... Read the full narrative on Crescent Energy (it's free!) Crescent Energy's narrative projects $5.2 billion revenue and $672.6 million earnings by 2028. Uncover how Crescent Energy's forecasts yield a $13.07 fair value, a 7% upside to its current price. While the Zacks upgrade reflects rising optimism, the most cautious analysts were assuming only about US$4.5 billion of revenue and US$318 million of earnings by 2029, reminding you that views on Crescent’s acquisition heavy model and transition year risks can differ sharply and may shift again as fresh earnings dat...

Crescent Energy’s first quarter saw a positive market response, with management attributing the outcome to operational efficiency and the rapid integration of newly acquired Permian assets. CEO David Rockecharlie highlighted that production outperformance stemmed from faster cycle times and ongoing optimization of the producing base, while opportunistic refinancing further lowered the company’s cost of capital. The quarter also benefited from efficiency improvements in the Eagle Ford and Uinta basins, with initiatives such as simul-frac completions and extended lateral drilling contributing to reduced costs and accelerated volumes. Management emphasized that asset performance, particularly in the Permian, exceeded initial expectations, resulting in both higher free cash flow and improved margins. Is now the time to buy CRGY? Find out in our full research report (it’s free). Revenue: $1.18 billion vs analyst estimates of $1.19 billion (24.5% year-on-year growth, in line) Adjusted EPS: $0.53 vs analyst estimates of $0.36 (46.2% beat) Adjusted EBITDA: $681.6 million vs analyst estimates of $648.5 million (57.6% margin, 5.1% beat) Operating Margin: 27.7%, up from 18.1% in the same quarter last year Oil production per day: up 37.3% year on year Market Capitalization: $4.10 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Neal Dingmann (William Blair) asked about operational efficiency upside in the Permian. COO Joey described service contract rebidding and fuel switching as key drivers of well cost reductions, with further optimization planned through larger pads and simul-frac completions. Zach Parham (JPMorgan) inquired about Waha gas price exposure. CFO Brandi Kendall explained that the company is well hedged on Waha exposure and sees minimal near-term risk, while COO Clay detailed ongoing development in the Uinta basin. John Christopher Freeman (Raymond James) requested a breakdown of production outperformance drivers. Kendall attributed the upside roughly equally to improved Permian cycle times and base production optimization, and discussed leverage targets for the minerals business. Oliver Huang (TPH) sough...

Crescent Energy Company (NYSE:CRGY) is included among the 10 Best Energy Stocks to Buy Under $20 According to Billionaires. Crescent Energy Company (NYSE:CRGY) engages in the exploration and production of crude oil, natural gas, and natural gas liquids in the United States. Crescent Energy Company (NYSE:CRGY) reported mixed results for its Q1 2026 on May 4, with the company’s loss per share of $1.28 significantly falling behind consensus by $1.63. However, its revenue grew by over 24% YoY to almost $1.2 billion and exceeded estimates by $20 million. Notably, Crescent Energy Company (NYSE:CRGY) produced a record 341,000 barrels of oil equivalent per day (boepd) for the quarter, including 140 thousand barrels of oil per day. Moreover, it generated around $690 million of adjusted EBITDA and approximately $192 million of levered free cash flow. Crescent Energy also declared a quarterly dividend of $0.12 per share on May 5 and ended the quarter with approximately $2 billion of liquidity, no near-term debt maturities, and “a clear pathway to lower absolute leverage over time”. At current prices, Crescent Energy Company (NYSE:CRGY) expects to generate around $200 million of EBITDA this year, representing a meaningful increase versus its original guidance. Moreover, the company is targeting to deliver approximately $1 billion of levered free cash flow in 2026. Hotchkis & Wiley, an investment management company, stated the following regarding Crescent Energy Company (NYSE:CRGY) in its Q1 2026 investor letter: While we acknowledge the potential of CRGY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Electrical Infrastructure Stocks to Buy According to Hedge Funds and 10 Best Fortune 500 Stocks to Buy According to Analysts Disclosure: None. Follow Insider Monkey on Google News.

Crescent delivered a record 341,000 boe/d (including 140,000 bbl/d of oil) in Q1 and reported roughly $690 million adjusted EBITDA and $192 million levered free cash flow, with management forecasting about $1 billion levered FCF for 2026. Permian integration is ahead of plan, with approximately $120 million of synergies captured and cost improvements equating to over $500,000 savings per well and about $25/ft lower lateral costs from rebidding services and fuel changes. The company strengthened its balance sheet via an opportunistic refinancing, finished the quarter with roughly $2 billion of liquidity, declared a $0.12 per-share quarterly dividend, and said it has flexibility to pay down debt, pursue M&A or repurchase shares. Interested in Crescent Energy Company? Here are five stocks we like better. 3 Dividend Stocks Defying the Market Downturn Amid the Iran Conflict Crescent Energy (NYSE:CRGY) reported first-quarter 2026 results that management said reflected production outperformance, meaningful free cash flow generation and early integration gains from its Permian acquisition. On the company’s earnings call, CEO David Rockecharlie said Crescent “delivered another strong quarter,” citing faster cycle times, optimization in the producing base and an “opportunistic refinancing” that lowered the company’s cost of capital. Rockecharlie characterized Crescent as a “top 10 U.S. independent oil and gas producer” and said the company’s strategy—combining investing and operating expertise—has supported “better returns, more free cash flow, and profitable growth.” → 3 Emerging Markets ETFs to Maximize Exposure to High-Potential Countries 3 Mid-Cap Energy Firms Analysts See Moving Up to the Big Leagues Rockecharlie said Crescent produced a record 341,000 barrels of oil equivalent per day during the first quarter, including 140,000 barrels of oil per day. He attributed the beat versus expectations to base production outperformance and acceleration in the Permian driven by improved cycle times. CFO Brandi Kendall said Crescent generated approximately $690 million of adjusted EBITDA and approximately $192 million of levered free cash flow during the quarter. She added that the results reflected “strong execution and a portfolio built to generate outsized free cash flow.” → The Real SpaceX Play: 5 Chip Stocks Powering the IPO Before It Launches 3 Mid-Cap Stocks Under $...

Image source: The Motley Fool. Tuesday, May 5, 2026 at 11 a.m. ET Chief Executive Officer — David C. Rockecharlie Chief Financial Officer — Brandi Kendall Chief Operating Officer — Joey President, Development — Clay Rynd Need a quote from a Motley Fool analyst? Email [email protected] David C. Rockecharlie: Good morning, and thank you for joining us. First, I would like to say thank you to all of our investors, our talented colleagues, and everyone who has been part of our journey as the Crescent Energy Company team. Together, we have executed a consistent strategy, uniquely combining investing and operating expertise to deliver better returns, more free cash flow, and profitable growth. Today, Crescent Energy Company is a top-10 U.S. independent oil and gas producer with more scale, more focus, and more opportunity than ever before. On this solid foundation, we will continue to build tremendous value in the months and years ahead, and our update today gives us great confidence in Crescent Energy Company’s future. Crescent Energy Company delivered another strong quarter. We outperformed on production, generated meaningful free cash flow, and made significant progress integrating our Permian assets. As always, I want to begin with three key takeaways. First, strong execution drove outperformance. We exceeded production expectations driven by faster cycle times and key steps in optimization of our producing base. We further increased free cash flow through an opportunistic refinancing, lowering our cost of capital. Second, we are thrilled with our Permian acquisition, where our integration is ahead of plan, and we see meaningfully more upside every day. We have already exceeded our initial synergy target, capturing $120 million to date, and we are seeing early improvements in both well costs and production. Third, our differentiated combination of investing and operating expertise continues to deliver significant free cash flow, both in the quarter and in our future outlook. Let me now discuss the quarter in more detail. We produced a record 341 thousand barrels of oil equivalent per day for the quarter, including 140 thousand barrels of oil per day, and generated $192 million of levered free cash flow. Importantly, first quarter production was above expectations on both total equivalent volumes and oil volumes, driven largely by base production outperformance and a...

HOUSTON, May 04, 2026--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) ("Crescent" or the "Company") today announced financial and operating results for the first quarter 2026. Crescent’s earnings release and supplemental earnings presentation can be found at www.crescentenergyco.com. The Company’s first quarter 2026 conference call is planned for 10 a.m. CT (11 a.m. ET) on Tuesday, May 5, 2026. About Crescent Energy Company Crescent is a differentiated energy company committed to delivering value through a disciplined, returns-driven growth through acquisition strategy and consistent return of capital. Our long-life, balanced portfolio combines significant cash flow from stable production with deep, high-quality development inventory. Our activities are focused in the Eagle Ford, Permian and Uinta Basins, and we own minerals and royalty interests across premier U.S. oil and natural gas basins, primarily operated by large, well-capitalized companies, with a core focus in the Eagle Ford. For additional information, please visit www.crescentenergyco.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260504821165/en/ Contacts [email protected] [email protected]

Achieved record production of 341 MBoe/d, exceeding expectations through a combination of faster cycle times and optimization of the existing producing base. Accelerated Permian integration ahead of schedule, capturing $120 million in synergies to date and surpassing the initial target through overhead reduction and cost of capital improvements. Implemented a returns-driven operating approach in the Permian, shifting from 'defensive' stabilization to 'offensive' optimization by right-sizing capital intensity and improving operational planning. Reduced Permian well costs by over $500,000 per well compared to the prior operator by rebidding service contracts, changing fuel usage, and optimizing facility design. Drove a 20% year-over-year reduction in Uinta well costs by applying proven Eagle Ford efficiencies, including simul-frac completions and lateral extensions. Leveraged a differentiated investing and operating model to generate $192 million in levered free cash flow, supported by an opportunistic refinancing that lowered the cost of capital. Capitalized on strong oil realizations, printing 99% of WTI, driven by high exposure to MEH-linked pricing which benefited from international crude premiums. Expects to generate approximately $1 billion of levered free cash flow in 2026 at current commodity prices, providing flexibility for debt reduction, accretive M&A, and share repurchases. Anticipates full-year 2026 production and capital expenditures to trend toward the mid-to-high point of original guidance ranges due to strong year-to-date performance. Plans to increase the use of simul-frac completions to approximately 50% of Permian wells in 2026 to further reduce costs and accelerate volume delivery. Focuses 2026 development on increasing lateral lengths and working interests, including adding roughly 100,000 incremental lateral feet through acreage trades and land optimization. Maintains a disciplined investment strategy that prioritizes returning cash to the balance sheet over increasing rig activity in high-price environments. Maintains significant Waha gas basis protection through hedges in the mid-$2s over the next 24 months, mitigating exposure to negative spot pricing in the Permian. Utilizes substantial tax assets to offset expected taxable income in 2026, though management anticipates becoming a cash taxpayer in sustained $80-plus WTI environments....

Crescent Energy (CRGY) reported Q1 adjusted earnings late Monday of $0.53 per share, down from $0.57

Crescent Energy (CRGY) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +34.76%. A quarter ago, it was expected that this oil and gas company would post earnings of $0.28 per share when it actually produced earnings of $0.49, delivering a surprise of +75%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Crescent Energy, which belongs to the Zacks Alternative Energy - Other industry, posted revenues of $1.18 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.31%. This compares to year-ago revenues of $950.17 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Crescent Energy shares have added about 60.4% since the beginning of the year versus the S&P 500's gain of 5.6%. While Crescent Energy has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Crescent Energy was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of to...