secwatch.observer — SEC 8-K summary
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Issuer:     Crescent Energy Co (CRGY)
CIK:        0001866175
Form:       8-K
Filed at:   2025-09-16T23:59:59+00:00
Accession:  0001866175-25-000118
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01, 8.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Crescent issues pro forma financials for Ridgemar (Jan 2025) and SilverBow (Jul 2024) acquisitions
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- Ridgemar Acquisition: $830M cash + 5,454,546 shares of Class A common + up to $170M earn-out based on 2026-27 WTI oil prices.
- SilverBow Acquisition: per-share consideration of $38 cash, or 3.125 shares, or a mix of 1.866 shares + $15.31 cash.
- Pro forma statements of operations for FY2024 and H1 2025 assume all transactions occurred on Jan 1, 2024.
- Adjustments include $750M 7.375% Senior Notes due 2033 and $724M Revolving Credit Facility borrowings.
- Provides combined historical results but does not report new quarterly earnings or guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866175/000186617525000118/0001866175-25-000118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866175/000186617525000118/crgy-20250916.htm
  HTML page:      https://secwatch.observer/filing/0001866175-25-000118

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