NYSE$CRGY

Crescent Energy Company · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

CRGY Q2 2024 — $653K revenue

Our results could differ materially from those anticipated in these forward-looking statements as a result of certain factors, including, among others:. Crescent Energy Company reported Q2 2024 results. Net income of $70K. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $653K.
  • Net income: $70K.
  • Filed on Form 10-Q (accession 0001866175-24-000071).

Headline financials

Total Revenue

$653M

Previous: $492M+32.7%
EPS

$0.33

Previous: $0.51-35.3%
Capital Expenditures

-$308M

Previous: -$398M+22.6%
Free Cash Flow

-$271M

Previous: -$393M+31.2%
Net Income

$37.5M

Previous: $5.15M+628.9%
Operating Income

$119M

Previous: $64M+86.4%
Gross Profit

$48.2M

Previous: $55.8M-13.6%
Cash & Equivalents

$778M

Previous: $2.25M+34436.8%
Total Assets

$7.48B

Previous: $6.15B+21.7%

Revenue & EPS history

Crescent Energy · Revenue · Quarterly

$653M

Q2 2024+32.7%vs Q2 2023
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 2024

Historical avgQ2 2024

-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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