secwatch.observer — SEC 8-K summary
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Issuer:     Crescent Energy Co (CRGY)
CIK:        0001866175
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0001866175-24-000070
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crescent Energy Q2 net income $70M, raises full-year production guide, pro forma guidance after SilverBow close
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- Net income $70M, Adjusted EBITDAX $320M, Levered Free Cash Flow $147M.
- Production 165 MBoe/d (44% oil, 62% liquids); capital spend $120M.
- Declared $0.12/share quarterly cash dividend; leverage 1.3x; liquidity $2.1B.
- SilverBow acquisition closed; $35M of $65–100M synergies realized; Fitch upgrade to BB-.
- 2H'24 pro forma guidance: prod 232–241 MBoe/d, capex $460–510M; standalone guide up ~2%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866175/000186617524000070/0001866175-24-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866175/000186617524000070/crgy-20240805.htm
  HTML page:      https://secwatch.observer/filing/0001866175-24-000070

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