---
schema_version: "secwatch.filing_event.v1"
accession: "0001866175-25-000108"
form_type: "8-K"
ticker: "CRGY"
cik: "0001866175"
company_name: "Crescent Energy Co"
filed_at: "2025-08-04T23:59:59+00:00"
generated_at: "2026-05-17T21:35:10.998020+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Crescent Energy Q2 2025: record production 263 MBoe/d, net income $162M, enhances 2025 guidance

## Summary
- Record production of 263 MBoe/d (41% oil); net income $162M, Adjusted EBITDAX $514M, Levered FCF $171M.
- Closed $72M accretive minerals acquisition on July 31, 2025; YTD non-core divestitures total ~$110M.
- Repaid ~$200M debt in Q2; reduced cash tax guidance to 0% under OBBBA; capex guidance cut ~3% to $910-990M.
- Drilled 27 gross wells, brought online 34; DC&F costs improved ~15% vs 2024; share repurchases $28M at $7.88.
- Simplified corporate structure by eliminating Up-C, transitioning to single class of common stock.

## SEC filing metadata
- accession: 0001866175-25-000108
- form_type: 8-K
- ticker: CRGY
- cik: 0001866175
- company_name: Crescent Energy Co
- filed_at: 2025-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866175/000186617525000108/0001866175-25-000108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866175/000186617525000108/crgy-20250804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001866175-25-000108
- JSON: https://secwatch.observer/filing/0001866175-25-000108.json
- Plain text: https://secwatch.observer/filing/0001866175-25-000108.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.