Crescent Energy Company (CRGY)
Crescent Energy Company operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Houston, TX, US. The stock last traded at $13.31, down 4.17% on the session, giving a market capitalisation of $4.40B. On trailing twelve-month figures it carries a trailing P/E of 91.01, a net margin of 1.3%. Its beta of 0.92 implies it has historically moved less than the broad market.
Crescent Energy Company operates as an energy enterprise, primarily focused on the exploration, development, and extraction of crude oil, natural gas, and natural gas liquids (NGLs). Its operational footprint extends across a diverse array of oil and gas assets located within well-established basins throughout the United States, encompassing regions such as the Eagle Ford, Rockies, Barnett, Permian, and Mid-Con. By the close of 2021, specifically December 31st, the firm reported 1,528 gross undrilled sites, 567 of which were gross operated drilling locations. Additionally, its proven reserves were recorded at 531.6 net million barrels of oil equivalent. The company was established in 2020 and maintains its corporate headquarters in Houston, Texas.
Crescent Energy Company is most often compared with the following Energy names: