Jul. 26 at 11:07 PM
$CRGY THE THESIS AUDIT: Crescent Energy
The Per-Share Test Behind the Acquisition Machine.
CRGY has built a larger, more diversified E&P platform through acquisitions.
The key question is not whether the company can keep buying assets.
It is whether those deals translate into durable free cash flow, lower leverage, disciplined capital allocation, and higher per-share value.
https://www.energyalphaco.com/p/the-thesis-audit-crescent-energy