Crescent Energy: Q1 Earnings Snapshot

Published: 2025-05-05 17:34:10 ET CRGY

Published on 05/05/2025 at 17:34

HOUSTON (AP) — HOUSTON (AP) — Crescent Energy Company (CRGY) on Monday reported a loss of $2.2 million in its first quarter.

On a per-share basis, the Houston-based company said it had a loss of 1 cent. Earnings, adjusted for non-recurring costs, came to 56 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share.

The oil and gas company posted revenue of $950.2 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $937.1 million.

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