Crescent Energy (CRGY) Operating Expenses (2021 - 2026)
Crescent Energy's (CRGY) quarterly Operating Expenses came in at $855.3 million in Q1 2026, up 9.95% YoY from $777.9 million in Q1 2025, and down 6.87% on a QoQ basis from $918.4 million in Q4 2025.
Crescent Energy (CRGY) Operating Expenses (2021 - 2026) Analysis & Trends
Crescent Energy (CRGY) has 6 years of Operating Expenses data on file, last reported at $855.3 million in Q1 2026.
- Quarterly Operating Expenses rose 9.95% year-over-year to $855.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.4 billion (up 15.54% YoY) and the FY2025 annual result came in at $3.4 billion, up 23.52% from the prior year.
- Operating Expenses fell to $855.3 million in Q1 2026, from $918.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $918.4 million in Q4 2025 to a low of $336.1 million in Q1 2022.
- A 5-year average of $632.3 million and a median of $580.8 million in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 92.74% — and 2025, when it advanced 1.73%.
- Tracing CRGY's Operating Expenses over 5 years: 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 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 2.43 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 114.95 Mn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 5.09 Bn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 3.05 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 5.03 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 4.55 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 54.24 Mn |
| 10 | Crescent Energy | 4.65 Bn | 4.33 Bn | - | 813.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 813.97 Mn |
| 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 |