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Crescent Energy Company - CRGY STOCK NEWS

Welcome to our dedicated page for Crescent Energy Company news (Ticker: CRGY), a resource for investors and traders seeking the latest updates and insights on Crescent Energy Company stock.

Crescent Energy Company (CRGY) is a diversified, well-capitalized U.S. independent energy company with a robust portfolio of assets in key proven basins across the lower 48 states. The company’s mission is to invest in energy assets and deliver superior returns, efficient operations, and responsible stewardship.

Crescent Energy operates with a strategic focus on achieving attractive risk-adjusted investment returns and predictable cash flows across market cycles. The company primarily emphasizes operated oil and gas assets, which are complemented by non-operated assets, mineral and royalty interests, and midstream infrastructure. This approach ensures a balanced and resilient asset base.

The core leadership team at Crescent Energy consists of experienced professionals from investment, financial, and industry backgrounds. This team has consistently executed a successful strategy since 2011, leveraging their expertise to drive value creation and sustainable growth.

Some of the key basins where Crescent Energy holds assets include the Eagle Ford, Rockies, Barnett, Permian, and Mid-Con. These regions are known for their prolific production and stable output, contributing significantly to the company’s overall performance.

Crescent Energy employs a differentiated business model that combines an investor mindset with deep operational expertise. This model allows the company to invest capital with discipline, focusing on cash flow generation and the acquisition and development of low-risk energy assets. The company's financial condition is solid, supported by a disciplined investment strategy and a focus on maintaining a strong balance sheet.

The company is also committed to environmental, social, and governance (ESG) principles. It actively engages in responsible practices that ensure long-term sustainability and positive community impact.

Recent Achievements and Projects:

  • Successful acquisitions and development projects in key basins, enhancing production capacity and asset value.
  • Consistent delivery of predictable cash flows, reflecting the strength of the company's operational and financial strategies.
  • Ongoing investment in midstream infrastructure, supporting efficient and cost-effective production and transportation of resources.

Overall, Crescent Energy Company stands out as a leader in the independent energy sector, known for its disciplined investment approach, operational excellence, and commitment to ESG principles.

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Crescent Energy Company (NYSE: CRGY) will host a conference call and webcast on August 10, 2023, to discuss its second quarter 2023 financial and operating results.
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Crescent Energy Company (NYSE: CRGY) has completed the acquisition of operatorship and incremental working interest in its Western Eagle Ford assets for $600 million. The company's public float has increased to 46% from 29% with the conversion of private shares to Class A public shares. Crescent plans to maintain a one-rig development program on the asset and expects the acquisition to increase net production by 19-21 MBoe/d and capital investments by $45-$55 million for the second half of 2023.
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FAQ

What is the current stock price of Crescent Energy Company (CRGY)?

The current stock price of Crescent Energy Company (CRGY) is $13.68 as of December 20, 2024.

What is the market cap of Crescent Energy Company (CRGY)?

The market cap of Crescent Energy Company (CRGY) is approximately 2.5B.

What does Crescent Energy Company do?

Crescent Energy Company invests in energy assets, focusing on operated oil and gas assets, non-operated assets, mineral and royalty interests, and midstream infrastructure.

Where are Crescent Energy Company's key assets located?

Key assets are located in the Eagle Ford, Rockies, Barnett, Permian, and Mid-Con basins across the lower 48 states.

Who leads Crescent Energy Company?

Crescent Energy is led by a team of experienced investment, financial, and industry professionals who have been executing their strategy since 2011.

What is Crescent Energy Company's business model?

The company employs a differentiated business model that combines an investor mindset with deep operational expertise, focusing on cash flow generation and the acquisition and development of low-risk energy assets.

How does Crescent Energy ensure sustainable practices?

Crescent Energy is committed to ESG principles, actively engaging in responsible practices to ensure long-term sustainability and positive community impact.

What recent achievements has Crescent Energy accomplished?

Recent achievements include successful acquisitions and projects in key basins, consistent cash flow delivery, and investment in midstream infrastructure.

How does Crescent Energy handle risk management?

The company focuses on achieving attractive risk-adjusted returns through disciplined capital investment and maintaining a diversified and resilient asset portfolio.

What is Crescent Energy's financial condition?

Crescent Energy maintains a strong financial condition supported by a disciplined investment strategy and a focus on cash flow and balance sheet strength.

What is the main goal of Crescent Energy?

The main goal is to deliver superior returns, efficient operations, and responsible stewardship of energy assets.

What sets Crescent Energy apart from other energy companies?

Crescent Energy's unique combination of an investor mindset and deep operational expertise, along with its commitment to ESG principles, sets it apart in the energy sector.

Crescent Energy Company

NYSE:CRGY

CRGY Rankings

CRGY Stock Data

2.52B
168.14M
5.6%
75.11%
10.51%
Oil & Gas Integrated
Crude Petroleum & Natural Gas
Link
United States of America
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