Crescent Energy Company (CRGY) Tops Q4 EPS by 41c; offers outlook

Crescent Energy Company (NYSE: CRGY) reported Q4 EPS of $0.61, $0.41 better than the analyst estimate of $0.20. Revenue for the quarter came in at $657.73 million versus the consensus estimate of $597.07 million.

OUTLOOK

Crescent released its full-year 2024 outlook, forecasting approximately 6% year-over-year production growth with relatively flat capital investments.

Total Production (MBoe/d) 155 - 160

Capital Expenditures (Excl. Acquisitions) ($MM) $550 - $625

For earnings history and earnings-related data on Crescent Energy Company (CRGY) click here.

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