secwatch.observer — SEC 8-K summary
======================================

Issuer:     Crescent Energy Co (CRGY)
CIK:        0001866175
Form:       8-K
Filed at:   2026-08-03T20:21:43+00:00
Accession:  0001866175-26-000112
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crescent Energy Q2 2026: record operating cash flow $707M, raises production guidance, lowers cost outlook
--------------------------------------------------------------------------------

- Q2 production 335 MBoe/d (140 MBo/d oil); net income $494M, adjusted net income $263M.
- Record operating cash flow $707M, record levered free cash flow $418M, adjusted EBITDAX $798M.
- Raised 2026 total production guidance midpoint 1%; lowered adjusted opex guidance 4% and production tax guidance 15%.
- Redeemed remaining $259M of 2029 senior notes; declared $0.12/share quarterly dividend.
- Permian synergy target increased to ~$250-$300M (3x original); ~$190M captured.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866175/000186617526000112/0001866175-26-000112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866175/000186617526000112/crgy-20260803.htm
  HTML page:      https://secwatch.observer/filing/0001866175-26-000112

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