{"schema_version":"secwatch.filing_event.v1","accession":"0001866175-25-000077","form_type":"8-K","ticker":"CRGY","cik":"0001866175","company_name":"Crescent Energy Co","filed_at":"2025-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.252768+00:00","generated_at":"2026-05-22T18:53:25.117843+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Crescent Energy reports Q1 2025 record production 258 MBoe/d, $242M levered free cash flow, updates guidance","bullets":["Record Q1 production 258 MBoe/d (40% oil, 58% liquids); net income $6M, adjusted net income $143M.","Adjusted EBITDAX $529M, operating cash flow $337M, levered free cash flow $242M (~45% annualized yield).","Closed Ridgemar Energy acquisition Jan 31 for $905M ($830M cash + 5.5M shares); YTD divestitures ~$90M.","Repurchased ~$30M shares YTD at avg $8.26; simplified corporate structure to single class common stock.","Updated FY2025 production guidance to 251-261 MBoe/d (from 254-264) reflecting divestitures; reaffirms 4-5 rig program."],"urls":{"canonical":"https://secwatch.observer/filing/0001866175-25-000077","json":"https://secwatch.observer/filing/0001866175-25-000077.json","markdown":"https://secwatch.observer/filing/0001866175-25-000077.md","text":"https://secwatch.observer/filing/0001866175-25-000077.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866175/000186617525000077/0001866175-25-000077-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866175/000186617525000077/crgy-20250505.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T18:53:25.117843+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}