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CRGY (Crescent Energy Co) Scaled Net Operating Assets : 0.99 (As of Sep. 2024)


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What is Crescent Energy Co Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Crescent Energy Co's operating assets for the quarter that ended in Sep. 2024 was $9,114 Mil. Crescent Energy Co's operating liabilities for the quarter that ended in Sep. 2024 was $1,718 Mil. Crescent Energy Co's Total Assets for the quarter that ended in Jun. 2024 was $7,481 Mil. Therefore, Crescent Energy Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.99.


Crescent Energy Co Scaled Net Operating Assets Historical Data

The historical data trend for Crescent Energy Co's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Crescent Energy Co Scaled Net Operating Assets Chart

Crescent Energy Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial - 0.91 1.02 0.90 0.90

Crescent Energy Co Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.86 0.77 0.79 0.78 0.99

Competitive Comparison of Crescent Energy Co's Scaled Net Operating Assets

For the Oil & Gas Integrated subindustry, Crescent Energy Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Crescent Energy Co's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Crescent Energy Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Crescent Energy Co's Scaled Net Operating Assets falls into.



Crescent Energy Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Crescent Energy Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(6800.361-1403.096)/6019.849
=0.90

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6803.335 - 2.974
=6800.361

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3167.617 - 1701.441 - 63.08
=1403.096

Crescent Energy Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(9114.278-1718.15)/7480.823
=0.99

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9250.429 - 136.151
=9114.278

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5054.996 - 3229.549 - 107.297
=1718.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Crescent Energy Co Scaled Net Operating Assets Related Terms

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Crescent Energy Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
600 Travis Street, Suite 7200, Houston, TX, USA, 77002
Crescent Energy Co is an independent energy company with a portfolio of assets in key basins across the lower 48 states. The company maintains a diverse portfolio of assets in key basins across the United States, including the Eagle Ford, Rockies, Barnett, Permian, and Mid-Con. It seeks to deliver attractive risk-adjusted investment returns and predictable cash flows across cycles with a focus on operated oil and gas assets complemented by non-operated assets, mineral and royalty interests, and midstream infrastructure.
Executives
Bo Shi officer: See Remarks 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
David C. Rockecharlie director, officer: Chief Executive Officer 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Brandi Kendall director, officer: Chief Financial Officer 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Todd Falk officer: Chief Accounting Officer 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Independence Energy Aggregator L.p. 10 percent owner 600 TRAVIS STREEET, SUITE 7200, HOUSTON TX 77002
Kkr Group Partnership L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
John Clayton Rynd officer: Executive Vice President 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Teacher Retirement System Of Texas 10 percent owner 1000 RED RIVER STREET, AUSTIN TX 78701
Benjamin Conner officer: Executive Vice President 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Kkr Group Co. Inc. 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001
Karen Jo Simon director 1918 OLIVE STREET, #2904, DALLAS TX 75201
Bevin Brown director 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Erich Bobinsky director 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Kkr Group Assets Holdings Iii L.p. 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Group Assets Iii Gp Llc 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001