For the year ending 2025-12-31, CRGY made $3,579,782K in revenue. $132,906K in net income. Net profit margin of 3.71%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total revenues | 3,579,782 | 2,930,919 | 2,382,602 | 3,057,065 |
| Lease and asset operating expense | 767,814 | 528,822 | 495,380 | 438,753 |
| Workover expense | 74,537 | 60,312 | 58,441 | 66,864 |
| Asset operating expense | - | 103,220 | 86,593 | 78,709 |
| Gathering, transportation and marketing | - | 312,931 | 235,153 | 177,078 |
| Gathering, processing and transportation | 408,920 | - | - | - |
| Production and other taxes | 219,416 | 162,634 | 162,963 | 238,381 |
| Depreciation, depletion and amortization | 1,166,902 | 949,480 | 675,782 | 532,926 |
| Impairment expense | 254,551 | 161,542 | 153,495 | 142,902 |
| Exploration expense | 16,795 | 16,591 | 9,328 | 3,425 |
| Midstream operating expense | - | - | 39,809 | 13,513 |
| Midstream and other operating expense | 116,945 | 110,136 | - | - |
| General and administrative expense | 472,160 | 336,219 | 140,918 | 84,990 |
| (gain) loss on sale of assets | 147,537 | 29,430 | 0 | 4,641 |
| Total expenses | 3,350,503 | 2,712,457 | 2,057,862 | 1,772,900 |
| Income (loss) from operations | 229,279 | 218,462 | 324,740 | 1,284,165 |
| Gain (loss) on derivatives | 302,901 | -114,348 | 166,980 | -676,902 |
| Interest expense | 298,432 | 216,263 | 145,807 | 95,937 |
| Loss from extinguishment of debt | -29,248 | -59,095 | - | - |
| Other income (expense) | -5,018 | 1,760 | -282 | 949 |
| Income (loss) from equity affiliates | 2,188 | 729 | -413 | 4,616 |
| Total other income (expense) | -27,609 | -387,217 | 20,478 | -767,274 |
| Income (loss) before taxes | 201,670 | -168,755 | 345,218 | 516,891 |
| Income tax benefit (expense) | 34,504 | -31,072 | 23,227 | 36,291 |
| Net income (loss) | 167,166 | -137,683 | 321,991 | 480,600 |
| Less net (income) loss attributable to predecessor | - | - | 0 | 0 |
| Less net (income) loss attributable to noncontrolling interests | 20,210 | -1,215 | 472 | 2,669 |
| Less net (income) loss attributable to redeemable noncontrolling interests | 14,050 | -21,863 | 253,909 | 381,257 |
| Net income (loss) attributable to crescent energy | 132,906 | -114,605 | 67,610 | 96,674 |
| Basic EPS | 0.55 | -0.88 | 1.02 | 2.2 |
| Diluted EPS | 0.54 | -0.88 | 1.02 | 2.2 |
| Basic Average Shares | 242,060,000 | 130,715,000 | 66,598,000 | 43,865,000 |
| Diluted Average Shares | 245,058,000 | 130,715,000 | 67,402,000 | 44,112,000 |
Crescent Energy Co (CRGY)
Crescent Energy Co (CRGY)