{"schema_version":"secwatch.filing_event.v1","accession":"0001866175-23-000052","form_type":"8-K","ticker":"CRGY","cik":"0001866175","company_name":"Crescent Energy Co","filed_at":"2023-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.910950+00:00","generated_at":"2026-06-11T23:30:42.121475+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Crescent Energy Q2 net income $57M, raises 2023 outlook, closes Western Eagle Ford deal","bullets":["Q2 net income $57M; Adjusted Net Income $25M; Adjusted EBITDAX $225M; operating cash flow $183M.","Production 139 MBoe/d (+1.5% QoQ); oil & liquids 46% and 60% of volumes; raised FY 2023 production guidance to 143-148 Mboe/d.","Lowered 2023 capex guidance to $575-625M (down ~10% at midpoint vs. initial $625-700M) on improved efficiencies.","Closed accretive Western Eagle Ford acquisition; declared $0.12/share quarterly dividend; public float increased to 45%.","Exited Q2 at 1.1x net LTM leverage; completed $300M notes offering in July, liquidity ~$800M; S&P upgrade."],"urls":{"canonical":"https://secwatch.observer/filing/0001866175-23-000052","json":"https://secwatch.observer/filing/0001866175-23-000052.json","markdown":"https://secwatch.observer/filing/0001866175-23-000052.md","text":"https://secwatch.observer/filing/0001866175-23-000052.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866175/000186617523000052/0001866175-23-000052-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866175/000186617523000052/crgy-20230809.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T23:30:42.121475+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"81cd794d1a7da0dd4bfb1db6cfcbca7752b338ea","claim":"Crescent Energy Co reported the quarter ended June 30, 2023 results: net income $57 million of net income. Guidance raised.","evidence_excerpt":"announced its financial and operating results for the quarter ended June 30, 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1866175/000186617523000052/0001866175-23-000052-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Net income","value":"$57 million of net income"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}