---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-014843"
form_type: "8-K"
ticker: "CRGY"
cik: "0001866175"
company_name: "Crescent Energy Co"
filed_at: "2023-01-25T23:59:59+00:00"
generated_at: "2026-06-20T09:48:07.516330+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Crescent Energy Announces $400M Senior Notes Offering and Preliminary Q4 2022 Production

## Summary
- Crescent Energy Finance LLC plans to offer $400M aggregate principal of Senior Notes due 2028 in a private placement.
- Preliminary Q4 2022 production estimate: 137 to 139 thousand barrels of oil equivalent per day (MBoe/d).
- Total proved reserves as of Dec 31, 2022: 572,793 MBoe with PV-10 of $9.6 billion (SEC pricing).
- Proceeds from notes offering will be used to repay a portion of the $559M outstanding under its revolving credit facility.
- Proved reserves are 96% held by production, with average five-year decline rate of approximately 13%.

## SEC filing metadata
- accession: 0001193125-23-014843
- form_type: 8-K
- ticker: CRGY
- cik: 0001866175
- company_name: Crescent Energy Co
- filed_at: 2023-01-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866175/000119312523014843/0001193125-23-014843-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866175/000119312523014843/d452425d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-014843
- JSON: https://secwatch.observer/filing/0001193125-23-014843.json
- Plain text: https://secwatch.observer/filing/0001193125-23-014843.txt

## Key facts
- Earnings Releases
  Crescent Energy Co reported preliminary financial results for year ended December 31, 2022.
  - Period: year ended December 31, 2022
  - Result: preliminary results
  source text: On January 25, 2023, in connection with the Notes Offering (as defined below), Crescent Energy Company (NYSE: CRGY) (“CRGY” or “our,” “us,” or “we”) provided certain updated disclosures to potential investors, the relevant excerpts of which are set forth below. Certain preliminary data for Q4 2022 As of the date of this current report, we have not finalized our financial and operational results for the year ended December 31, 2022. However, based on preliminary information, we estimate that, for the year ended December 31, 2022, our production ranged from 137 to 139 thousand barrels of oil equivalent per day (“MBoe/d”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866175/000119312523014843/0001193125-23-014843-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.