CC

Crescent Energy Co.

CRGY
NYSEEnergy
$11.58
USD
+0.10(+0.87%)
At close: Jun 12, 20:00 UTC

Open

$11.56

Prev. Close

$11.56

High

$11.58

Low

$11.55

Market Snapshot

Market Cap

$3.8B

P/E Ratio

-13.3

EPS

-0.44

Revenue

$3.22B

About

Crescent Energy Co. is a differentiated U.S. energy company committed to delivering value through a disciplined, returns-driven growth through acquisition strategy and consistent return of capital. The company is headquartered in Houston, Texas and currently employs 1,066 full-time employees. The company went IPO on 2021-12-08. The firm's investing and operating activities are focused on the Eagle Ford, Permian and Uinta basins. The company operates in the oil, condensate and dry gas windows of Eagle Ford. Its premier position in the Permian spans both the Midland and Delaware basins. The Permian basin complements its strategy with stable production, low-risk development inventory and meaningful potential for resource expansion and further growth through acquisition opportunities. Its Uinta position has a large inventory of attractive, low-risk undeveloped locations with significant resource potential across multiple, prolific formations. The Uinta basin produces crude, and it sells 100% of its production into the Salt Lake City refining complex. Its minerals focus on Texas and the Rockies with exposure to operators.

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