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Crescent Energy (CRGY) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

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Crescent Energy (CRGY - Free Report) reported $1.39 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 55.3%. EPS of $0.69 for the same period compares to $0.43 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $1.23 billion, representing a surprise of +13.21%. The company delivered an EPS surprise of +16.95%, with the consensus EPS estimate being $0.59.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Crescent Energy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Average daily net sales volumes - Oil: 140 millions of barrels of oil per day versus the four-analyst average estimate of 135.66 millions of barrels of oil per day.
  • Average daily net sales volumes - Natural Gas: 715 millions of cubic feet per day versus 733.08 millions of cubic feet per day estimated by four analysts on average.
  • Average daily net sales volumes - Natural gas liquids: 76 millions of barrels of oil per day compared to the 73.03 millions of barrels of oil per day average estimate based on four analysts.
  • Average daily net sales volumes - Total: 335 millions of barrels of oil equivalent per day compared to the 330.61 millions of barrels of oil equivalent per day average estimate based on four analysts.
  • Average sales price per bbl - Oil (before effects of derivative settlements): $96.61 versus the three-analyst average estimate of $88.26.
  • Average sales price per mcf - Natural gas (before effects of derivative settlements): $0.52 versus the three-analyst average estimate of $0.98.
  • Average sales price per bbl - Natural gas liquids (before effects of derivative settlements): $18.67 versus the three-analyst average estimate of $20.56.
  • Average realized prices per bbl - NGLs (after effects of derivative settlements): $18.67 compared to the $20.40 average estimate based on two analysts.
  • Revenues- Natural gas liquids: $129.37 million versus the three-analyst average estimate of $136.86 million. The reported number represents a year-over-year change of +31.8%.
  • Revenues- Oil: $1.23 billion compared to the $1.03 billion average estimate based on two analysts. The reported number represents a change of +103.6% year over year.
  • Revenues- Midstream and other: $4.98 million compared to the $6 million average estimate based on two analysts. The reported number represents a change of -87% year over year.
  • Revenues- Natural gas: $33.78 million versus the two-analyst average estimate of $87 million. The reported number represents a year-over-year change of -78.8%.

View all Key Company Metrics for Crescent Energy here>>>

Shares of Crescent Energy have returned +22.8% over the past month versus the Zacks S&P 500 composite's +0.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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