Crescent Energy: The Beginning Of A Lot Of Potential Gains
CRGYCrescent Energy Co(CRGY) Seeking Alpha·2024-03-06 21:44

bjdlzx Crescent Energy (NYSE:CRGY) beat a lot of consensus forecasts with the current earnings report. At first, the market was pointing to things like hedging gains and other things that are not really valued. But coming right behind that is some solid operational gains mentioned in the conference call. The only thing the operational gains need is enough new wells for those effects to become material to the quarterly reporting. Since the unconventional business has a sharp first year decline rate, that mat ...