earnings
confidence high
sentiment neutral
materiality 0.30
Crescent Energy reports preliminary Q4 2024 hedge cash received of $42M, FY 2024 $25M
Crescent Energy Co
- Net cash received on derivative settlements: $8M in Q4, ($36M) for full year 2024.
- Settlement of acquired derivative contracts (SilverBow Merger): $34M Q4, $61M FY.
- Total hedge cash received (reflected in Adjusted EBITDAX): $42M Q4, $25M FY.
- Figures are preliminary and subject to change; final results in upcoming 10-K.