Crescent Energy Intrinsic Value Calculator – CRESCENT ENERGY Reports Second Quarter FY2023 Earnings Results on August 9th
August 22, 2023
☀️Earnings Overview
Crescent Energy ($NYSE:CRGY) reported their financial results for the second quarter of FY2023, ending June 30 2023, on August 9 2023. The company’s total revenue for the period amounted to USD 492.3 million, a decrease of 45.8% compared to the same quarter of the prior year. Their net income came in at USD 5.2 million, representing a decrease of 90.6% from the same quarter of the prior year.
Market Price
The company’s stock opened at $12.2 and closed at $12.7, indicating an increase of 5.0% from the last closing price of $12.1. This significant increase in stock prices suggests that investors are betting on the future success of the company. CRESCENT ENERGY‘s earnings report also revealed several other noteworthy updates for the quarter. This evidence of increased efficiency and profitability indicates that CRESCENT ENERGY is well-positioned for continued success in the upcoming quarters. Overall, Wednesday’s earnings report was greatly encouraging for investors of CRESCENT ENERGY.
This company has demonstrated impressive growth over the last quarter, and its stock prices have risen in response. With their current financial position and positive outlook, CRESCENT ENERGY is likely to remain a strong contender in the energy industry. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Crescent Energy. More…
| Total Revenues | Net Income | Net Margin |
| 2.63k | 192.1 | -0.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Crescent Energy. More…
| Operations | Investing | Financing |
| 1.04k | -635.25 | -390.41 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Crescent Energy. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.15k | 2.63k | 19.19 |
Key Ratios Snapshot
Some of the financial key ratios for Crescent Energy are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 41.1% | 84.7% | 41.7% |
| FCF Margin | ROE | ROA |
| 10.9% | 58.2% | 11.2% |
Analysis – Crescent Energy Intrinsic Value Calculator
At GoodWhale, we have conducted an analysis of CRESCENT ENERGY‘s financials. Our proprietary Valuation Line has indicated that the intrinsic value of CRESCENT ENERGY share is around $9.0. However, the current market price of CRESCENT ENERGY stock is at $12.7, revealing an overvaluation by 40.5%. Therefore, we recommend that investors should exercise caution and evaluate further before making any investment decisions. More…
Peers
The competition between Crescent Energy Co and its competitors, Valero Energy Corp, Alpine Summit Energy Partners Inc, and AXP Energy Ltd, is fierce. All four companies are vying to provide the best energy solutions to their customers, and they are constantly innovating in order to stay ahead of the competition. With cutting-edge technology and a commitment to sustainability, all four companies are striving to be the best in the industry.
– Valero Energy Corp ($NYSE:VLO)
Valero Energy Corp is a Fortune 500 company and one of the largest refiners, marketers and transporters of refined products in the United States. As of 2023, the company has a market cap of 49.57B, which is a reflection of its strong financial performance and business model. Valero Energy Corp also boasts a Return on Equity (ROE) of 37.64%, demonstrating its ability to efficiently generate profits from the capital invested by shareholders.
– Alpine Summit Energy Partners Inc ($TSXV:ALPS.U)
Alpine Summit Energy Partners Inc is a publicly traded energy company that engages in the exploration, development, and production of oil and gas properties. Its portfolio includes assets located in the United States, Canada, and Mexico. The company’s market cap stands at 181.5M as of 2023, making it the 8th largest publicly traded energy company on the US stock market. It also has an impressive Return on Equity of 422.51%, which is significantly higher than the industry average of 11.60%. This shows that Alpine Summit has been able to efficiently utilize its resources and generate substantial returns for its shareholders.
– AXP Energy Ltd ($ASX:AXP)
AXP Energy Ltd is a leading energy company that provides energy solutions for both residential and commercial customers. The company has a market capitalization of 23.3M as of 2023, reflecting its strong financial performance. The Return on Equity (ROE) of 4.89% is a measure of how well the company is using the money invested by shareholders to generate profits. AXP Energy Ltd focuses on delivering reliable and affordable energy solutions to its customers, helping them to save money on their energy bills and reduce their carbon footprint. The company’s commitment to providing quality energy services and achieving sustainable growth and development makes it an attractive investment option.
Summary
Investors should take note of Crescent Energy‘s second quarter earnings results for the fiscal year 2023, ending June 30 2023. While total revenue decreased by 45.8% compared to the same period in the previous year, net income was down 90.6%. Despite this, the stock price moved up the same day, signifying that investors are still confident in the company’s ability to perform. Although the earnings report does not bode well, investors should consider the long-term potential of Crescent Energy and monitor the stock price to see if it will continue its upward trend.
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