Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Crescent Energy Co's share price for the quarter that ended in Mar. 2024 was $11.9. Crescent Energy Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 105 Mil. Therefore, Crescent Energy Co's market cap for the quarter that ended in Mar. 2024 was $1,254 Mil.
Crescent Energy Co's quarterly market cap
increased
from Sep. 2023 ($1,120 Mil) to Dec. 2023 ($1,210 Mil) and
increased
from Dec. 2023 ($1,210 Mil) to Mar. 2024 ($1,254 Mil).
Crescent Energy Co's annual market cap
increased
from Dec. 2021 ($532 Mil) to Dec. 2022 ($579 Mil) and
increased
from Dec. 2022 ($579 Mil) to Dec. 2023 ($1,210 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Crescent Energy Co's Enterprise Value for Today is $3,206 Mil.
Crescent Energy Co Market Cap Historical Data
The historical data trend for Crescent Energy Co's Market Cap 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.
Competitive Comparison of Crescent Energy Co's Market Cap
For the Oil & Gas E&P subindustry, Crescent Energy Co's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Crescent Energy Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Crescent Energy Co's Market Cap falls into.
Crescent Energy Co Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Crescent Energy Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (NYSE:CRGY) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Crescent Energy Co Market Cap Related Terms
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Crescent Energy Co (Crescent Energy Co) Business Description
Crescent Energy Co 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 proven 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.
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