Crescent Energy files amended 8-K with Ridgemar acquisition financials; Ridgemar had $435.8M revenue in 2024

Crescent Energy Co

Ridgemar Energy Management generated $435.8M revenue and $224.5M net income for year ended Dec 31, 2024 (up from $172.5M and $47.0M in 2023).
Pro forma combined balance sheet as of Dec 31, 2024 included; net proved reserves estimated by DeGolyer and MacNaughton filed as Exhibit 99.3.
Ridgemar's total assets $988.0M, total liabilities $404.1M, member's equity $583.9M as of Dec 31, 2024.
Ridgemar had $276.97M in debt (credit facility) and $13.2M in asset retirement obligations at year-end 2024.

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