---
schema_version: "secwatch.filing_event.v1"
accession: "0001866175-26-000088"
form_type: "8-K"
ticker: "CRGY"
cik: "0001866175"
company_name: "Crescent Energy Co"
filed_at: "2026-05-04T23:59:59+00:00"
generated_at: "2026-05-15T00:02:01.439124+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Crescent Energy Q1 beats expectations; record production 341 MBoe/d, $192M levered FCF

## Summary
- Net loss $419M, adjusted net income $175M; operating cash flow $409M, levered FCF $192M.
- Record average production 341 MBoe/d (41% oil); $385M capex, 37 wells brought online.
- Executed $690M 2.75% convertible bond; called $500M 9.25% notes due 2028.
- Completed two Eagle Ford minerals acquisitions for ~$355M cash in Q1.
- Dividend $0.12/share payable June 1, 2026; $336M remaining on buyback program.

## SEC filing metadata
- accession: 0001866175-26-000088
- form_type: 8-K
- ticker: CRGY
- cik: 0001866175
- company_name: Crescent Energy Co
- filed_at: 2026-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866175/000186617526000088/0001866175-26-000088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866175/000186617526000088/crgy-20260504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001866175-26-000088
- JSON: https://secwatch.observer/filing/0001866175-26-000088.json
- Plain text: https://secwatch.observer/filing/0001866175-26-000088.txt

## Key facts
- Earnings Releases
  Crescent Energy Co reported the quarter ended March 31, 2026 results: net income $419 million of net loss.
  - Period: the quarter ended March 31, 2026
  - Net income: $419 million of net loss
  - Result: reported results
  source text: Crescent reported $419 million of net loss and $175 million of Adjusted Net Income (1) in the first quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866175/000186617526000088/0001866175-26-000088-index.htm

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