---
schema_version: "secwatch.filing_event.v1"
accession: "0001866175-26-000023"
form_type: "8-K"
ticker: "CRGY"
cik: "0001866175"
company_name: "Crescent Energy Co"
filed_at: "2026-02-25T23:59:59+00:00"
generated_at: "2026-05-16T00:28:02.464225+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Crescent Energy FY2025 record production 260 MBoe/d, Adj. EBITDAX $2.1B; 2026 guidance 320-335 MBoe/d

## Summary
- FY2025: net income $167M, Adj. net income $470M, Adj. EBITDAX $2.1B, OCF $1.7B, levered FCF $856M.
- Q4 2025: production 268 MBoe/d (39% oil), net income $9M, Adj. EBITDAX $536M, OCF $371M.
- Completed ~$5B acquisitions in 2025, incl. $3.1B all-stock Vital Energy Permian; >$900M non-core divestitures.
- 2026 guidance: production 320-335 MBoe/d, development capex $1.325-1.425B, adj. opex $11.50-12.50/Boe.

## SEC filing metadata
- accession: 0001866175-26-000023
- form_type: 8-K
- ticker: CRGY
- cik: 0001866175
- company_name: Crescent Energy Co
- filed_at: 2026-02-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866175/000186617526000023/0001866175-26-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866175/000186617526000023/crgy-20260225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001866175-26-000023
- JSON: https://secwatch.observer/filing/0001866175-26-000023.json
- Plain text: https://secwatch.observer/filing/0001866175-26-000023.txt

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