CRGY Crescent Energy Co
Price Chart
Executive Summary
Crescent Energy reported Q1 2026 record production of 341 MBoed and total revenue of $1.183B, up 24.5% YoY. Adjusted EPS of $0.53 crushed the $0.24 consensus by 121%, driven by strong operational execution and Permian integration synergies. The company also completed a $690M convertible bond refinancing that lowered interest expense.
Key Financial Metrics
Actionable Insight
The standout EPS beat and record production signal strong operational momentum. Monitor the Q2 outlook during the May 5 conference call for guidance updates, but the refinancing and synergy capture provide a solid foundation for continued free cash flow generation.
Key Facts
- Record quarterly production of 341 MBoed (up 32% YoY)
- Total revenue $1.183B vs $950M YoY (+24.5%)
- Adjusted EPS $0.53 vs consensus $0.24 (+121% beat)
- Adjusted EBITDAX $690M vs $529M YoY (+30%)
- Operating cash flow $409M, levered FCF $192M
- Closed $690M 2.75% convertible bond offering, reduced interest expense by 50bps
- Captured $120M in Permian synergies, exceeding target
Financial Impact
Strong operational and financial results across all key metrics, with revenue growth, margin expansion, and deleveraging.
Risk Factors
- Commodity price volatility could impact future realized prices and derivative settlements
- Non-cash derivative losses contributed to a large GAAP net loss, which may spook some investors
- Integration of recent Permian and Eagle Ford acquisitions carries execution risk
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001866175-26-000088 |
| Document: crgy-20260504.htm | 0001866175-26-000088 |
| Document: 0001866175-26-000088-index-headers.html | 0001866175-26-000088 |
| Document: 0001866175-26-000088-index.html | 0001866175-26-000088 |
| Document: 0001866175-26-000088.txt | 0001866175-26-000088 |
| 8-K Data (Synthetic) | 0001866175-26-000088 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 12, 2026
2d ago
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Institutional Cluster
| $11.48 awaiting T+5 | awaiting T+5 | — | $11.58 (+0.92%) |
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Jun 11, 2026
3d ago
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Institutional Cluster
| $11.71 awaiting T+5 | awaiting T+5 | — | $11.58 (−1.11%) |
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May 22, 2026
23d ago
|
8-K
| $12.43 $12.10 | ▼ −2.65% | ▼ −3.74% | $11.58 (−6.84%) |
|
May 6, 2026
5w ago
|
Insider Cluster
| $13.10 $12.72 | ▼ −2.90% | ▼ −4.03% | $11.58 (−11.60%) |
|
May 4, 2026
5w ago
|
8-K
| $13.92 $12.72 | ▼ −8.62% | ▼ −10.61% | $11.58 (−16.81%) |
|
Apr 9, 2026
9w ago
|
8-K
| $12.74 $11.81 | ▼ −7.30% | ▼ −11.80% | $11.58 (−9.11%) |
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Feb 28, 2026
15w ago
|
Institutional Cluster
| $11.89 $11.84 | ▼ −0.42% | ▲ +0.79% | $11.58 (−2.59%) |
|
Feb 25, 2026
15w ago
|
8-K
| $10.71 $11.59 | ▲ +8.23% | ▲ +9.35% | $11.58 (+8.12%) |
US Market Status
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