CRGY Q2 2024 Earnings — Crescent Energy Company Revenue & Financial Results | Market Cap Arena

CRGYCrescent Energy Company

$4B

Q2 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$653M+32.7% YoY

Gross Profit

$531M81.3% margin

Operating Income

$119M18.3% margin

Net Income

$38M5.7% margin

EPS (Diluted)

$0.33

QoQ Revenue Growth

-0.6%

Cash Flow

Operating Cash Flow

$287M

Free Cash Flow

$135M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$7.5B

Total Liabilities

$3.9B

Stockholders' Equity

$2.1B

Cash & Equivalents

$778M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$653M	$492M	+32.7%
Gross Profit	$531M	$379M	+40.0%
Operating Income	$119M	$64M	+86.4%
Net Income	$38M	$5M	+628.9%

Revenue Segments

Oil

$500M85%

Natural Gas, Production

$51M9%

Midstream And Other

$35M6%