NYSE$CRGY

Crescent Energy Company · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Headline financials

Total Revenue

$492M

Previous: $908M-45.8%
EPS (adj)

$0.51

Previous: $1.30-60.8%
Capital Expenditures

-$398M

Previous: -$868M+54.1%
Free Cash Flow

-$393M

Previous: -$813M+51.7%
Net Income

$5.15M

Previous: $54.5M-90.6%
Operating Income

$64M

Previous: $500M-87.2%
Gross Profit

$55.8M

Previous: $443M-87.4%
Cash & Equivalents

$2.25M

Previous: $54.6M-95.9%
Total Assets

$6.15B

Previous: $6.27B-2.0%

Revenue & EPS history

Crescent Energy · Revenue · Quarterly

$492M

Q2 2023-45.8%vs Q2 2022
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

-0.2%

Avg return

Earnings day

+2.6%

Avg return

5 days after

+3.3%

Avg return

30 days after

47%

8 / 17 earnings

Positive

+12.3%

Q1 2024

Best reaction

-12.2%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.8%-7.9%-9.4%
Q4 2025+4.7%+9.0%+32.9%
Q3 2025-5.7%+3.7%+14.4%
Q1 2025-3.5%+4.0%+5.3%
Q4 2024-5.1%+4.5%-24.9%
Q3 2024+5.6%+11.0%+18.3%
Q2 2024-5.6%-3.1%+3.1%
Q1 2024+12.3%+15.0%+16.8%
Q4 2023+4.9%+0.6%-3.5%
Q3 2023-12.2%-15.8%-12.3%
Q2 2023+6.1%+11.2%+8.5%
Q1 2023-5.5%-4.6%-4.9%
Q4 2022-3.7%-7.1%-1.7%
Q3 2022-4.6%-9.2%-19.2%
Q2 2022+6.3%+21.1%+19.9%
Q1 2022+1.4%+8.3%+18.4%
Q4 2021-1.0%+3.9%-6.0%
Q2 2021
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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