secwatch.observer — SEC 8-K summary
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Issuer:     Crescent Energy Co (CRGY)
CIK:        0001866175
Form:       8-K/A
Filed at:   2025-04-11T23:59:59+00:00
Accession:  0001628280-25-017497
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866175/000162828025017497/0001628280-25-017497-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866175/000162828025017497/crgy-20250131.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-017497

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