vs

Side-by-side financial comparison of CIVITAS RESOURCES, INC. (CIVI) and Crescent Energy Co (CRGY). Click either name above to swap in a different company.

CIVITAS RESOURCES, INC. is the larger business by last-quarter revenue ($1.2B vs $865.0M, roughly 1.4× Crescent Energy Co). On growth, Crescent Energy Co posted the faster year-over-year revenue change (-1.2% vs -8.2%). Over the past eight quarters, Crescent Energy Co's revenue compounded faster (14.7% CAGR vs 1.8%).

Civitas Resources, Inc. is a U.S.-based sustainable energy enterprise focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. It primarily operates across the Denver-Julesburg Basin in Colorado, prioritizing low-emission, responsible energy production to meet diverse North American energy demand.

Crescent Petroleum is the first and largest private upstream oil and gas company in the Middle East. Founded in 1971, Crescent Petroleum is headquartered in the Emirate of Sharjah, United Arab Emirates (UAE), with current operations in both the UAE and the Kurdistan Region of Iraq (KRI). As of 2023, Crescent Petroleum and the Iraqi Ministry of Oil have signed three twenty-year contracts as the company focus it efforts in aiding the redevelopment of Iraq.

CIVI vs CRGY — Head-to-Head

Bigger by revenue
CIVI
CIVI
1.4× larger
CIVI
$1.2B
$865.0M
CRGY
Growing faster (revenue YoY)
CRGY
CRGY
+7.0% gap
CRGY
-1.2%
-8.2%
CIVI
Faster 2-yr revenue CAGR
CRGY
CRGY
Annualised
CRGY
14.7%
1.8%
CIVI

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CIVI
CIVI
CRGY
CRGY
Revenue
$1.2B
$865.0M
Net Profit
$-8.7M
Gross Margin
Operating Margin
20.0%
-6.2%
Net Margin
-1.0%
Revenue YoY
-8.2%
-1.2%
Net Profit YoY
92.7%
EPS (diluted)
$1.99

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CIVI
CIVI
CRGY
CRGY
Q4 25
$865.0M
Q3 25
$1.2B
$866.6M
Q2 25
$1.1B
$898.0M
Q1 25
$1.2B
$950.2M
Q4 24
$1.3B
$875.3M
Q3 24
$1.3B
$744.9M
Q2 24
$1.3B
$653.3M
Q1 24
$1.3B
$657.5M
Net Profit
CIVI
CIVI
CRGY
CRGY
Q4 25
$-8.7M
Q3 25
$-9.5M
Q2 25
$153.2M
Q1 25
$-2.1M
Q4 24
$-118.0M
Q3 24
$-9.9M
Q2 24
$37.5M
Q1 24
$-24.2M
Operating Margin
CIVI
CIVI
CRGY
CRGY
Q4 25
-6.2%
Q3 25
20.0%
3.6%
Q2 25
15.3%
8.9%
Q1 25
20.7%
18.1%
Q4 24
15.4%
-3.1%
Q3 24
30.6%
-1.0%
Q2 24
21.6%
18.3%
Q1 24
15.9%
20.4%
Net Margin
CIVI
CIVI
CRGY
CRGY
Q4 25
-1.0%
Q3 25
-1.1%
Q2 25
17.1%
Q1 25
-0.2%
Q4 24
-13.5%
Q3 24
-1.3%
Q2 24
5.7%
Q1 24
-3.7%
EPS (diluted)
CIVI
CIVI
CRGY
CRGY
Q4 25
Q3 25
$1.99
Q2 25
$1.34
Q1 25
$1.99
Q4 24
$1.56
Q3 24
$3.01
Q2 24
$2.15
Q1 24
$1.74

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CIVI
CIVI
CRGY
CRGY
Cash + ST InvestmentsLiquidity on hand
$56.0M
$10.2M
Total DebtLower is stronger
$5.1B
$5.5B
Stockholders' EquityBook value
$6.7B
$5.2B
Total Assets
$15.1B
$12.4B
Debt / EquityLower = less leverage
0.77×
1.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CIVI
CIVI
CRGY
CRGY
Q4 25
$10.2M
Q3 25
$56.0M
$3.5M
Q2 25
$69.0M
$3.1M
Q1 25
$20.0M
$6.3M
Q4 24
$76.0M
$132.8M
Q3 24
$47.1M
$136.2M
Q2 24
$91.9M
$778.1M
Q1 24
$52.1M
$5.3M
Total Debt
CIVI
CIVI
CRGY
CRGY
Q4 25
$5.5B
Q3 25
$5.1B
$3.2B
Q2 25
$5.4B
$3.4B
Q1 25
$5.1B
$3.6B
Q4 24
$4.5B
$3.0B
Q3 24
$4.8B
$3.2B
Q2 24
$4.9B
$2.4B
Q1 24
$4.4B
$1.7B
Stockholders' Equity
CIVI
CIVI
CRGY
CRGY
Q4 25
$5.2B
Q3 25
$6.7B
$4.5B
Q2 25
$6.8B
$4.5B
Q1 25
$6.7B
$3.3B
Q4 24
$6.6B
$3.1B
Q3 24
$6.7B
$2.9B
Q2 24
$6.6B
$2.1B
Q1 24
$6.6B
$2.0B
Total Assets
CIVI
CIVI
CRGY
CRGY
Q4 25
$12.4B
Q3 25
$15.1B
$9.7B
Q2 25
$15.4B
$9.9B
Q1 25
$15.3B
$9.9B
Q4 24
$14.9B
$9.2B
Q3 24
$15.0B
$9.3B
Q2 24
$15.0B
$7.5B
Q1 24
$15.1B
$6.8B
Debt / Equity
CIVI
CIVI
CRGY
CRGY
Q4 25
1.07×
Q3 25
0.77×
0.72×
Q2 25
0.79×
0.75×
Q1 25
0.76×
1.10×
Q4 24
0.68×
0.97×
Q3 24
0.73×
1.12×
Q2 24
0.74×
1.12×
Q1 24
0.67×
0.88×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CIVI
CIVI
CRGY
CRGY
Operating Cash FlowLast quarter
$860.0M
$371.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CIVI
CIVI
CRGY
CRGY
Q4 25
$371.0M
Q3 25
$860.0M
$473.1M
Q2 25
$298.0M
$499.0M
Q1 25
$719.0M
$337.1M
Q4 24
$858.2M
$384.4M
Q3 24
$835.0M
$368.0M
Q2 24
$359.0M
$286.9M
Q1 24
$813.0M
$183.8M
Cash Conversion
CIVI
CIVI
CRGY
CRGY
Q4 25
Q3 25
Q2 25
3.26×
Q1 25
Q4 24
Q3 24
Q2 24
7.64×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CIVI
CIVI

Crude Oil Natural Gas And Natural Gas Liquids$1.2B99%
Oil And Gas Operation And Maintenance$8.0M1%
Natural Gas Reserves$2.0M0%

CRGY
CRGY

Oil Reserves$554.3M64%
Natural Gas Production$182.6M21%
Natural Gas Liquids Reserves$92.3M11%
Midstream And Other$35.8M4%

Related Comparisons