bjdlzx Crescent Energy (NYSE:CRGY) beat a lot of consensus forecasts with the current earnings report. At first, the market was pointing to things like hedging gains and other things that are not really valued. But coming right behind that is some solid operational gains mentioned in the conference call. The only thing the operational gains need is enough new wells for those effects to become material to the quarterly reporting. Since the unconventional business has a sharp first year decline rate, that mat ...

Neal Dingmann - Truist Securities Following that brief introduction, I will discuss these key themes in a bit more detail. Beginning with 2023 performance, we delivered on all of our strategic priorities. We had strong financial performance raising guidance midyear and beating the increased expectations in particular outperforming on production, CapEx and free cash flow for the year. Crescent Energy Company (NYSE:CRGY) Q4 2023 Earnings Conference Call March 5, 2024 11:00 AM ET David Rockecharlie - Chief Exe ...

Disclaimer Strong Financial Performance • Consistent "beat and raise" • Every metric meeting or exceeding increased guidance (1) PV-10 is a non-GAAP measure. For a reconciliation to the comparable GAAP measure, see Appendix. Based on YE'23 reserves at YE'23 SEC pricing of $78.22 / bbl for oil and $2.64 / MMbtu for gas. (2) Quarterly cash dividend declared on March 4 is payable on March 28, 2024, to holders of record on March 15, 2024. Any payment of future dividends is subject to board approval and other fa ...

Crescent Energy (CRGY) reported $657.73 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 4%. EPS of $0.58 for the same period compares to $1.51 a year ago.The reported revenue represents a surprise of +12.60% over the Zacks Consensus Estimate of $584.12 million. With the consensus EPS estimate being $0.21, the EPS surprise was +176.19%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wa ...

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) today announced its fourth quarter and full year 2023 financial and operating results, as well as its 2024 capital budget and production outlook. Crescent’s earnings release and supplemental earnings presentation can be accessed via the Investor Relations section of Crescent’s website at https://ir.crescentenergyco.com. The Company’s fourth quarter and full year 2023 conference call is planned for 10 a.m. CT (11 a. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 600 Travis Street, Suite 7200 Houston, Texas 77002 (713) 337-4600 (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices) Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐ 1 Large accelerated filer ☐ Accelerated filer ☒ Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ ...

Crescent Energy (CRGY) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on March 4, 2024, might help the stock move higher if these key numbers are better than ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Crescent Energy (CRGY) , which belongs to the Zacks Alternative Energy - Other industry, could be a great candidate to consider.When looking at the last two reports, this oil and gas company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 45.22%, on average, in the last two quarters.For the most recent ...

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) today announced plans to host a conference call and webcast at 10 a.m. CT, on Tuesday, March 5, 2024 to discuss its fourth quarter and full year 2023 financial and operating results, as well as its outlook for 2024. The Company plans to release results after market close on Monday, March 4, 2024. The release and supplemental slides will be available on the company’s website at https://ir.crescentenergyco.com. Conference Call Information Time: ...

Crescent Energy Co (NYSE:CRGY) Q3 2023 Earnings Conference Call November 7, 2023 11:00 AM ET David Rockecharlie - CEO & Director Michael Scialla - Stephens Inc. Ladies and gentlemen, good morning, and welcome to the Crescent Energy Third Quarter 2023 Earnings Conference Call. [Operator Instructions]. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Emily Newport, SVP of Finance and IR. Please go ahead. Good morning, and thank you for joining Crescent's Third Qu ...