Crescent Energy Past Earnings Performance
Past criteria checks 1/6
Crescent Energy has been growing earnings at an average annual rate of 43.1%, while the Oil and Gas industry saw earnings growing at 39.5% annually. Revenues have been growing at an average rate of 20.8% per year. Crescent Energy's return on equity is 1.3%, and it has net margins of 0.6%.
Key information
43.1%
Earnings growth rate
72.3%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 20.8% |
| Return on equity | 1.3% |
| Net Margin | 0.6% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Crescent Energy Builds Eagle Ford Position
Sep 07Crescent Energy (NYSE:CRGY) Is Due To Pay A Dividend Of $0.12
Aug 09
Crescent Energy: Eagle Ford Is Now 'The' Core Area
Aug 06Crescent Energy Company's (NYSE:CRGY) Shares Not Telling The Full Story
Jul 17Is Crescent Energy (NYSE:CRGY) A Risky Investment?
Jun 17Crescent Energy Snatches Up SilverBow Resources For A Steal
May 19Crescent Energy: Suddenly Operational Improvements Are Center Stage
May 12Crescent Energy (NYSE:CRGY) Has Announced A Dividend Of $0.12
May 09Results: Crescent Energy Company Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 07Crescent Energy: The Beginning Of A Lot Of Potential Gains
Mar 06Here's Why Crescent Energy (NYSE:CRGY) Is Weighed Down By Its Debt Load
Feb 22Crescent Energy Company's (NYSE:CRGY) Shares Not Telling The Full Story
Jan 05Crescent Energy: Recent Acquisitions And Efficiency Efforts Imply A Cheap Valuation
Dec 30Crescent Energy: Let's Make A Deal
Oct 12Crescent Energy: Curling Higher, With Cash Dividends + ROIC In Situ, Rating Buy
Sep 11Investors Aren't Buying Crescent Energy Company's (NYSE:CRGY) Earnings
Jul 12Crescent Energy: Catching Up
Jun 22Revenue & Expenses Breakdown
How Crescent Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 2,611 | 16 | 164 | 0 |
| 31 Mar 24 | 2,450 | -16 | 166 | 0 |
| 31 Dec 23 | 2,383 | 68 | 144 | 0 |
| 30 Sep 23 | 2,410 | 21 | 127 | 0 |
| 30 Jun 23 | 2,632 | 192 | 101 | 0 |
| 31 Mar 23 | 3,048 | 241 | 80 | 0 |
| 31 Dec 22 | 3,057 | 97 | 80 | 0 |
| 30 Sep 22 | 2,836 | 654 | 88 | 0 |
| 30 Jun 22 | 2,336 | 375 | 79 | 0 |
| 31 Mar 22 | 1,758 | 207 | 69 | 0 |
| 31 Dec 21 | 1,477 | -19 | 55 | 0 |
| 30 Sep 21 | 1,266 | -719 | 27 | 0 |
| 30 Jun 21 | 1,091 | -628 | 26 | 0 |
| 31 Mar 21 | 864 | -751 | 19 | 0 |
| 31 Dec 20 | 754 | 0 | 17 | 0 |
| 31 Dec 19 | 1,087 | 46 | 3 | 0 |
| 31 Dec 18 | 1,199 | 279 | 20 | 0 |
Quality Earnings: CRGY has a large one-off loss of $19.0M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: CRGY's current net profit margins (0.6%) are lower than last year (7.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CRGY's earnings have grown significantly by 43.1% per year over the past 5 years.
Accelerating Growth: CRGY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CRGY had negative earnings growth (-91.6%) over the past year, making it difficult to compare to the Oil and Gas industry average (-31.9%).
Return on Equity
High ROE: CRGY's Return on Equity (1.3%) is considered low.