CRGY Q4 2023 Earnings — Crescent Energy Company Revenue & Financial Results | Market Cap Arena

CRGYCrescent Energy Company

$4B

Q4 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$658M-3.9% YoY

Gross Profit

$527M80.1% margin

Operating Income

-$31M-4.8% margin

Net Income

$56M8.4% margin

EPS (Diluted)

$0.46

QoQ Revenue Growth

+2.4%

Cash Flow

Operating Cash Flow

$323M

Free Cash Flow

-$14M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$6.8B

Total Liabilities

$3.2B

Stockholders' Equity

$1.7B

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$658M	$685M	-3.9%
Gross Profit	$527M	$569M	-7.3%
Operating Income	-$31M	$104M	-130.2%
Net Income	$56M	$9M	+531.8%

Revenue Segments

Oil

$481M73%

Natural Gas, Production

$85M13%

Natural Gas Liquids

$62M9%

Midstream And Other

$30M5%