secwatch.observer — SEC 8-K summary
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Issuer:     Crescent Energy Co (CRGY)
CIK:        0001866175
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001866175-22-000045
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866175/000186617522000045/0001866175-22-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866175/000186617522000045/crgy-20221109.htm
  HTML page:      https://secwatch.observer/filing/0001866175-22-000045

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