Crescent Energy expects $40M net cash paid on Q1 2026 derivative settlements

Crescent Energy Co

Net cash paid on commodity derivative positions: $40M, including $101M paid on settlements and $61M from acquired contracts.
Cash paid excludes $15M settlement of contingent earn-out related to the Ridgemar Acquisition.
Derivative settlements reflect SilverBow Merger and Vital Merger contract impacts; to be added to Adjusted EBITDAX.
Final Q1 2026 results to be reported in Form 10-Q; preliminary figures are subject to change.

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