CRGY Stock Recent News

Say hello to the index effect.

Shares of Crescent Energy Co (CRGY, Financial) surged 10.88% in mid-day trading on Oct 2. The stock reached an intraday high of $12.49, before settling at $12.39, up from its previous close of $11.17.

The latest trading day saw Crescent Energy (CRGY) settling at $10.37, representing no change from its previous close.

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“we” or “our”) announced today that its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) has priced its previously announced private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers of $250 million aggregate principal amount of 7.375% Senior Notes due 2033 (the “Notes”). The Notes mature on January 15, 2033 and pay interest at.

The acquisition strategy continues with the closing of the SilverBow acquisition. Crescent Energy focusing on Eagle Ford as a core area. The Eagle Ford has in the past outperformed the Permian due to a lack of Permian takeaway capacity that led to pricing discounts and high transportation costs.

Crescent Energy Company (NYSE:CRGY ) Q2 2024 Earnings Conference Call August 6, 2024 11:00 AM ET Company Participants Reid Gallagher - Principal, Investor Relations David Rockecharlie - Chief Executive Officer Brandi Kendall - Chief Financial Officer Clay Rynd - Executive Vice President-Investments Conference Call Participants Neal Dingmann - Truist Securities Tim Rezvan - KeyBanc Capital Markets Oliver Huang - TPH & Company Michael Scialla - Stephens John Freeman - Raymond James Operator Ladies and gentlemen, greetings and welcome to the Crescent Energy Q2 2024 Results Conference Call. At this time, all participants are in a listen-only mode.

Crescent Energy (CRGY) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.15 per share a year ago.

In the latest trading session, Crescent Energy (CRGY) closed at $11.82, marking a +0.42% move from the previous day.

Crescent Energy (CRGY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Crescent Energy (CRGY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.