earnings
confidence high
sentiment negative
materiality 0.35
Crescent Energy reports preliminary Q2 hedge cash settlements of $25M; H1 $48M
Crescent Energy Co
- Expects net cash settlements paid on hedges of ~$25M for Q2 2024 and ~$48M for H1 2024.
- Amounts are preliminary and subject to change; final figures in Q2 2024 Form 10-Q.
- Hedge cash outflows may impact reported earnings; no other operational updates provided.