Investing.com - Crescent Energy reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Crescent Energy announced earnings per share of $2.74 on revenue of $864.96M. Analysts polled by Investing.com anticipated EPS of $1.28 on revenue of $673.5M.
Crescent Energy shares are up 4.35% from the beginning of the year and are trading at $14.10 , down-from-52-week-high.
Crescent Energy follows other major Energy sector earnings this month
Crescent Energy's report follows an earnings beat by Exxon Mobil on October 28, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on October 28 with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.
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