secwatch.observer — SEC 8-K summary
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Issuer:     Crescent Energy Co (CRGY)
CIK:        0001866175
Form:       8-K
Filed at:   2026-04-09T23:59:59+00:00
Accession:  0001866175-26-000070
Event type: other_material
Sentiment:  negative
Materiality: 0.45
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866175/000186617526000070/0001866175-26-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866175/000186617526000070/crgy-20260409.htm
  HTML page:      https://secwatch.observer/filing/0001866175-26-000070

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer