Crescent Energy Company
CRGY
Rank in Stocks
#3752
Crescent Energy Company operates as an energy enterprise, primarily focused on... 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.
Share Price
$13.54
Market Cap
$4.47B
Change (1 day)
-0.95%
Change (1 year)
67.10%
Country
US
Trade Crescent Energy Company (CRGY)
Category
Energy
P/E ratio for Crescent Energy Company (CRGY)
P/E ratio as of October 2026 TTM: 87.83
According to Crescent Energy Company latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 87.83. At the end of 2023 the company had a P/E ratio of 13.01.
P/E ratio history for Crescent Energy Company from 2018 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 87.83 | -627.21% |
| 2024 | -16.66 | -228.06% |
| 2023 | 13.01 | 209.13% |
| 2022 | 4.21 | -184.66% |
| 2021 | -4.97 | 48.24% |
| 2020 | -3.35 | -121.61% |
| 2019 | 15.52 | 497.11% |
| 2018 | 2.60 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 18.83 | -78.56% |
US
|
|
| 7.14 | -91.87% |
HK
|
|
| - | - |
CA
|
|
| - | - |
US
|
|
| 11.93 | -86.41% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.