Skip to main content

Crescent Energy: Q1 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — Crescent Energy Company (CRGY) on Monday reported a loss of $419.8 million in its first quarter.

The Houston-based company said it had a loss of $1.28 per share. Earnings, adjusted for one-time gains and costs, were 53 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share.

The oil and gas company posted revenue of $1.18 billion in the period.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRGY at https://www.zacks.com/ap/CRGY

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story