CRGY Q1 2024 Earnings — Crescent Energy Company Revenue & Financial Results | Market Cap Arena

CRGYCrescent Energy Company

$4B

Q1 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$657M+11.4% YoY

Gross Profit

$527M80.1% margin

Operating Income

$134M20.4% margin

Net Income

-$24M-3.7% margin

EPS (Diluted)

$-0.25

QoQ Revenue Growth

-0.0%

Cash Flow

Operating Cash Flow

$184M

Free Cash Flow

$27M

Stock-Based Comp.

$28M

Balance Sheet

Total Assets

$6.8B

Total Liabilities

$3.3B

Stockholders' Equity

$2.0B

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$657M	$590M	+11.4%
Gross Profit	$527M	$459M	+14.7%
Operating Income	$134M	$151M	-11.0%
Net Income	-$24M	$60M	-140.4%

Revenue Segments

Oil

$474M72%

Natural Gas, Production

$80M12%

Natural Gas Liquids

$67M10%

Midstream And Other

$37M6%