---
schema_version: "secwatch.filing_event.v1"
accession: "0001866175-22-000045"
form_type: "8-K"
ticker: "CRGY"
cik: "0001866175"
company_name: "Crescent Energy Co"
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T02:08:39.384582+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Crescent Energy Q3 net income $555M, Adj. EBITDAX $359M, declares $0.17 dividend

## Summary
- Net income $555M; Adjusted Net Income $179M; production 150 MBoe/d (6% QoQ, 46% oil).
- Adjusted EBITDAX $359M, Unhedged Adj. EBITDAX $570M; Levered FCF $144M (+5% QoQ).
- Reaffirmed FY2022 production/capex/Adj. EBITDAX/LFCF guidance based on $100 WTI, $6/MMBtu.
- Declared Q3 cash dividend $0.17/share, payable Dec 7, record Nov 23; expects $0.17/sh for Q4.
- Entered agreement to sell non-core Permian assets for $80M; amended credit facility ($2.0B base, term to 2027).

## SEC filing metadata
- accession: 0001866175-22-000045
- form_type: 8-K
- ticker: CRGY
- cik: 0001866175
- company_name: Crescent Energy Co
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866175/000186617522000045/0001866175-22-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866175/000186617522000045/crgy-20221109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001866175-22-000045
- JSON: https://secwatch.observer/filing/0001866175-22-000045.json
- Plain text: https://secwatch.observer/filing/0001866175-22-000045.txt

## Key facts
- Earnings Releases
  Crescent Energy Co reported third quarter of 2022 results: net income $555 million of net income. Guidance reaffirmed.
  - Period: third quarter of 2022
  - Net income: $555 million of net income
  - Guidance: reaffirmed
  - Result: reported results
  source text: Crescent Energy Company (the “Company”) announced its financial and operating results for the quarter ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866175/000186617522000045/0001866175-22-000045-index.htm

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