Crescent Energy Company (CRGY) Revenue & Revenue Breakdown
Crescent Energy Company Revenue Highlights
Latest Revenue (Y)
$2.38B
Latest Revenue (Q)
$653.28M
Main Segment (Y)
Oil
Crescent Energy Company Revenue by Period
Crescent Energy Company Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $2.38B | -22.06% |
| 2022-12-31 | $3.06B | 106.98% |
| 2021-12-31 | $1.48B | 95.83% |
| 2020-12-31 | $754.22M | -30.63% |
| 2019-12-31 | $1.09B | -9.33% |
| 2018-12-31 | $1.20B | - |
Crescent Energy Company generated $2.38B in revenue during NA 2023, up -22.06% compared to the previous quarter, and up 198.69% compared to the same period a year ago.
Crescent Energy Company Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $653.28M | -0.64% |
| 2024-03-31 | $657.47M | -0.04% |
| 2023-12-31 | $657.73M | 2.39% |
| 2023-09-30 | $642.40M | 30.48% |
| 2023-06-30 | $492.34M | -16.57% |
| 2023-03-31 | $590.14M | -13.82% |
| 2022-12-31 | $684.76M | -20.83% |
| 2022-09-30 | $864.96M | -4.79% |
| 2022-06-30 | $908.43M | 51.68% |
| 2022-03-31 | $598.91M | 29.28% |
| 2021-12-31 | $463.26M | 26.67% |
| 2021-09-30 | $365.73M | 10.78% |
| 2021-06-30 | $330.13M | 3.86% |
| 2021-03-31 | $317.86M | - |
Crescent Energy Company generated $653.28M in revenue during Q2 2024, up -0.64% compared to the previous quarter, and up 110.70% compared to the same period a year ago.
Crescent Energy Company Revenue Breakdown
Crescent Energy Company Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Midstream And Other | $67.70M | $52.84M | $54.06M |
| Natural Gas Liquids | $192.87M | $268.19M | $185.53M |
| Natural Gas, Production | $371.07M | $766.96M | $354.30M |
| Oil | $1.75B | $1.97B | $883.09M |
Crescent Energy Company's latest annual revenue breakdown by segment (product or service), as of Dec 23: Oil (73.49%), Natural Gas, Production (15.57%), Natural Gas Liquids (8.09%), and Midstream And Other (2.84%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Natural Gas, Production | $51.27M | $79.94M | $84.89M | $72.10M | $52.05M | $162.02M | $180.64M | $235.83M | $207.18M | $143.31M |
| Oil | $499.62M | $473.89M | $480.72M | $504.66M | $393.25M | $372.34M | $443.17M | $550.82M | $602.57M | $372.51M |
| Midstream And Other | $35.48M | $36.69M | $30.34M | $10.92M | $13.19M | $13.26M | $12.61M | $13.49M | $14.83M | $11.91M |
| Natural Gas Liquids | - | $66.95M | $61.77M | $54.72M | $33.85M | $42.52M | $48.34M | $64.81M | $83.86M | $71.18M |
Crescent Energy Company's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Oil (85.20%), Natural Gas, Production (8.74%), and Midstream And Other (6.05%).
Crescent Energy Company Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| PHX | PHX Minerals | $37.60T | $8.12M |
| PR | Permian Resources | $3.12B | $1.25B |
| CRGY | Crescent Energy Company | $2.38B | $653.28M |
| CRK | Comstock Resources | $1.57B | $186.28M |
| VTLE | Vital Energy | $1.55B | $476.37M |
| CNX | CNX Resources | $1.51B | $321.44M |
| MGY | Magnolia Oil & Gas | $1.23B | $336.73M |
| GPOR | Gulfport Energy | $1.05B | $238.09M |
| GPRK | GeoPark | $756.60M | $167.42M |
| EPSN | Epsilon Energy | $30.73M | $7.31M |
| PNRG | PrimeEnergy Resources | $20.25M | - |
CRGY Revenue FAQ
What is Crescent Energy Company’s yearly revenue?
Crescent Energy Company's yearly revenue for 2023 was $2.38B, representing a decrease of -22.06% compared to 2022. The company's yearly revenue for 2022 was $3.06B, representing an increase of 106.98% compared to 2021. CRGY's yearly revenue for 2021 was $1.48B, representing an increase of 95.83% compared to 2020.
What is Crescent Energy Company’s quarterly revenue?
Crescent Energy Company's quarterly revenue for Q2 2024 was $653.28M, a -0.64% decrease from the previous quarter (Q1 2024), and a 32.69% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $657.47M, a -0.04% decrease from the previous quarter (Q4 2023), and a 11.41% increase year-over-year (Q1 2023). CRGY's quarterly revenue for Q4 2023 was $657.73M, a 2.39% increase from the previous quarter (Q3 2023), and a -3.95% decrease year-over-year (Q4 2022).
What is Crescent Energy Company’s revenue growth rate?
Crescent Energy Company's revenue growth rate for the last 3 years (2021-2023) was 61.32%, and for the last 5 years (2019-2023) was 119.14%.
What are Crescent Energy Company’s revenue streams?
Crescent Energy Company's revenue streams in c 23 are Midstream And Other, Natural Gas Liquids, Natural Gas, Production, and Oil. Midstream And Other generated $67.7M in revenue, accounting 2.84% of the company's total revenue, up 28.13% year-over-year. Natural Gas Liquids generated $192.87M in revenue, accounting 8.09% of the company's total revenue, down -28.09% year-over-year. Natural Gas, Production generated $371.07M in revenue, accounting 15.57% of the company's total revenue, down -51.62% year-over-year. Oil generated $1.75B in revenue, accounting 73.49% of the company's total revenue, down -11.08% year-over-year.
What is Crescent Energy Company’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Crescent Energy Company was Oil. This segment made a revenue of $1.75B, representing 73.49% of the company's total revenue.