Crescent Energy (CRGY) Operating Expenses (2021 - 2026)
Crescent Energy (CRGY) reported Operating Expenses of $855.3 million for Q1 2026, up 9.95% on a YoY basis from $777.9 million in Q1 2025, and down 6.87% quarter-over-quarter from $918.4 million in Q4 2025.
Crescent Energy (CRGY) Operating Expenses (2021 - 2026) Analysis & Trends
Crescent Energy has reported Operating Expenses for 6 years, with the latest figure at $855.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 9.95% year-over-year to $855.3 million; the trailing twelve-month figure through Mar 2026 stood at $3.4 billion (up 15.54% YoY), and the FY2025 full-year result was $3.4 billion, up 23.52% from the prior year.
- Operating Expenses for Q1 2026 stood at $855.3 million, down from $918.4 million in the prior quarter.
- The five-year high for Operating Expenses was $918.4 million in Q4 2025, with the low at $336.1 million in Q1 2022.
- Historically, Operating Expenses has averaged $632.3 million across 5 years, with a median of $580.8 million in 2022.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 92.74% — and 2025, when it advanced 1.73%.
- Crescent Energy's Operating Expenses stood at $580.8 million in 2022, then advanced by 18.64% to $689.1 million in 2023, then jumped by 31.01% to $902.8 million in 2024, then gained by 1.73% to $918.4 million in 2025, then decreased by 6.87% to $855.3 million in 2026.
- The last three Operating Expenses figures came in at $855.3 million (Q1 2026), $918.4 million (Q4 2025), and $835.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 1.04 Bn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 2.28 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 4.32 Bn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 1.12 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 4.12 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | -52.32 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 54.87 Mn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 103.33 Mn |
| 10 | Crescent Energy | 224.89 Mn | -503.44 Mn | - | 855.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 855.34 Mn |
| Dec 31, 2025 | 918.43 Mn |
| Sep 30, 2025 | 835.78 Mn |
| Jun 30, 2025 | 818.35 Mn |
| Mar 31, 2025 | 777.95 Mn |
| Dec 31, 2024 | 902.81 Mn |
| Sep 30, 2024 | 752.30 Mn |
| Jun 30, 2024 | 533.90 Mn |
| Mar 31, 2024 | 523.45 Mn |
| Dec 31, 2023 | 689.13 Mn |
| Sep 30, 2023 | 500.86 Mn |
| Jun 30, 2023 | 428.30 Mn |
| Mar 31, 2023 | 439.57 Mn |
| Dec 31, 2022 | 580.84 Mn |
| Sep 30, 2022 | 447.39 Mn |
| Jun 30, 2022 | 408.59 Mn |
| Mar 31, 2022 | 336.08 Mn |
| Dec 31, 2021 | 301.65 Mn |
| Sep 30, 2021 | 232.12 Mn |
| Jun 30, 2021 | 229.65 Mn |