CRGY Q3 2025 Earnings
Reported Nov 3, 2025 at 4:23 PM ET · SEC Source
Q3 25 EPS
$0.35
BEAT +11.50%
Est. $0.31
Q3 25 Revenue
$866.6M
MISS 1.23%
Est. $877.4M
vs S&P Since Q3 25
+16.5%
BEATING MARKET
CRGY +25.1% vs S&P +8.6%
Market Reaction
Did CRGY Beat Earnings? Q3 2025 Results
Crescent Energy delivered a strong third-quarter beat on earnings while falling just short on the top line, a combination that nonetheless underscored the company's accelerating scale and strategic momentum. Adjusted EPS of $0.35 cleared the $0.31 co… Read more Crescent Energy delivered a strong third-quarter beat on earnings while falling just short on the top line, a combination that nonetheless underscored the company's accelerating scale and strategic momentum. Adjusted EPS of $0.35 cleared the $0.31 consensus estimate by 11.50%, even as revenue of $866.58 million came in 1.23% below expectations, though the figure still represented 16.3% growth year over year. The production ramp driving that revenue expansion, with volumes rising to 253 MBoe/d from 219 MBoe/d in Q3 2024, reflects the successful integration of SilverBow and continued Eagle Ford development. Overshadowing the quarterly metrics was Crescent's announced acquisition of Vital Energy for roughly $3.10 billion in stock, a deal expected to close in late Q4 2025 that would vault the company into the top 10 among independent U.S. Producers. Meanwhile, a 50% expansion of its revolving credit facility to $3.90 billion, alongside more than $800.00 million in year-to-date non-core divestitures, signals a deliberate effort to sharpen the portfolio and manage leverage heading into the transaction close.
Key Takeaways
- • Production growth to 253 MBoe/d from 219 MBoe/d year-over-year
- • Eagle Ford capital efficiencies with 15% savings in drilling, completion and facilities costs per foot vs. 2024
- • Increased well productivity in Eagle Ford
- • Disciplined capital spending of $205 million in the quarter
- • SilverBow integration contributing to higher production volumes
CRGY YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
CRGY Revenue by Segment
With YoY comparisons, source: SEC Filings
“It was another impressive quarter of execution for our business. Our investing and operating performance highlights that we continue to do what we say we will do.”
— David Rockecharlie, Q3 2025 Earnings Press Release
CRGY Earnings Trends
CRGY vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
CRGY EPS Trend
Earnings per share: estimate vs actual
CRGY Revenue Trend
Quarterly revenue: estimate vs actual
CRGY Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.36 | $0.53 | +46.25% | $1.18B | +1.68% |
| Q4 25 BEAT FY | $0.34 | $0.49 | +46.27% | $865.0M | -2.07% |
| FY Full Year | $1.65 | $1.80 | +9.16% | $3.58B | -0.72% |
| Q3 25 BEAT | $0.31 | $0.35 | +11.50% | $866.6M | -1.23% |
| Q2 25 BEAT | $0.31 | $0.43 | +36.90% | $898.0M | +1.31% |