CRGY Q3 2024 Earnings — Crescent Energy Company Revenue & Financial Results | Market Cap Arena

CRGYCrescent Energy Company

$4B

Q3 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$745M+16.0% YoY

Gross Profit

$615M82.6% margin

Operating Income

-$7M-1.0% margin

Net Income

-$10M-1.3% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

+14.0%

Cash Flow

Operating Cash Flow

$368M

Free Cash Flow

-$179M

Stock-Based Comp.

$81M

Balance Sheet

Total Assets

$9.3B

Total Liabilities

$5.1B

Stockholders' Equity

$2.9B

Cash & Equivalents

$136M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$745M	$642M	+16.0%
Gross Profit	$615M	$522M	+18.0%
Operating Income	-$7M	$142M	-105.2%
Net Income	-$10M	-$53M	+81.2%

Revenue Segments

Oil

$548M83%

Natural Gas, Production

$79M12%

Midstream And Other

$30M5%