Feed / CRGY

Crescent Energy Company

CRGY

Energy · 13.27 +2.9% today

Isolated · not yet confirmedMarket checked 1 Oct, 15:55 GMT-4

Market read

No connected market move is active around Crescent Energy Company.

No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.

Company+2.9% todayVolume comparison unavailable
Market groupNo active group readNo durable group available
Disclosed network0 of 2 confirmingNo filing-linked name is confirming now
What would change this read
  • CRGY's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if CRGY's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Energy · Oil & Gas E&P

No new filing conclusion is available. 0 of 0 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • CRGY's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Oct 1, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods7
Price observations342
Usable filing statements39
Verified relationships3
Evidence supporting the case
  • Latest annual revenue changed +22.1% year over year.
  • Net margin changed +7.6 percentage points in the latest annual period.
  • Operating cash flow covered net income at 12.64x in the latest annual period.
Evidence challenging the case
  • Operating margin changed -1.0 percentage points in the latest annual period.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Oct 1, 2026

13.27
6m+4.2%12m+48.7%24m—
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$1.5B+95.8%——
2022-12-31$3.1B+107.0%——
2023-12-31$2.4B-22.1%——
2024-12-31$2.9B+23.0%——
2025-12-31$3.6B+22.1%——

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 1 filings
“Net cash used in financing activities for the year ended December 31, 2025 was $245.1 million, a decrease of $452.5 million, primarily due to our debt repayments in 2025 compared to our debt borrowings in 2024.”
10-K · Feb 25, 2026 ↗
Demand and volumemixed · 1 filings
“These prices historically have been volatile, and we expect such volatility to continue in the future, as they are subject to wide fluctuation in response to relatively minor changes in the supply of and demand for oil, natural gas and NGL, market uncertainty…”
10-K · Feb 25, 2026 ↗
Energy and commodity pricesmixed · 1 filings
“Levered Free Cash Flow (non-GAAP) increased by $226.0 million or 36% in 2025 compared to 2024, driven primarily by increased Adjusted EBITDAX of $467.3 million, partially offset by $158.0 million of increased development of oil and natural gas properties expe…”
10-K · Feb 25, 2026 ↗
Restructuring and cost reductionsmixed · 1 filings
“As a result of our evaluations, during the year ended December 31, 2025, we recorded impairment charges of $254.6 million, including an impairment of $233.7 million to write down the carrying value of associated oil and natural gas properties to the estimated…”
10-K · Feb 25, 2026 ↗

Valuation discipline

Descriptive valuation snapshot

Price/sales — · EV/sales —. Comparisons use only industry-matched filing peers.

Scenario scaffold

No usable price/earnings or price/sales multiple (need a fresh price).

Price action

How the market is pricing the story

13.27+2.9% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 1 Oct, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for CRGY. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for CRGY. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind CRGY

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

BCSBarclays PLCpartnerFeb 25, 2026 ▾

“Goff reacquired Crescent Real Estate in a partnership with Barclays Capital, and in December 2017 he purchased Barclays Capital’s interest to become the principal owner of Crescent Real Estate and its subsidiaries.”

Depended on by

HLXHelix Energy Solutions Group InccompetitorFeb 26, 2026 ▾

“Our principal competitors in shallow water abandonment include Aries Marine, C-Dive, Cardinal Services, Chet Morrison, Crescent Energy Services, Laredo Offshore Services, Manson Gulf, Offshore Liftboats, Offshore Marine Contractors, Seacor, Shore Offshore, Su…”

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

CRGY is currently a Follower in the organic co-movement group Unknown Theme. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for CRGY; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.