CRGY Q1 2022 Earnings — Crescent Energy Company Revenue & Financial Results | Market Cap Arena

CRGYCrescent Energy Company

$4B

Q1 2022 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$599M+88.4% YoY

Gross Profit

$504M84.2% margin

Operating Income

$263M43.9% margin

Net Income

-$85M-14.2% margin

EPS (Diluted)

$-2.03

QoQ Revenue Growth

+29.3%

Cash Flow

Operating Cash Flow

$137M

Free Cash Flow

$43M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$6.2B

Total Liabilities

$3.6B

Stockholders' Equity

$418M

Cash & Equivalents

$113M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$599M	$318M	+88.4%
Gross Profit	$504M	$261M	+93.0%
Operating Income	$263M	$88M	+198.5%
Net Income	-$85M	$0	—

Revenue Segments

Oil

$373M62%

Natural Gas, Production

$143M24%

Natural Gas Liquids

$71M12%

Midstream And Other

$12M2%