Overview
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- TickerCRGY on NYSE2
- IndustryCrude Petroleum & Natural Gas2
- HeadquartersHouston, United States2
- Incorporated inDE3
- Business address600 Travis Street, Suite 7200, Houston, Tx 770023
- Filer categoryLarge accelerated filer3
- Legal formCorporation2
- LEI254900FBNP5A21Q39U972
- StatusActive2
- LEI statusIssued and current2
- Registered addressC/O MAPLES FIDUCIARY SERVICES (DELAWARE) INC., 19807 Wilmington, United States2
- Registered withDivision of Corporations, Department of State, 59695552
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
6.4%Operating margin5
3.7%Net margin5
22.1%Revenue growth, 20255
2.6%Return on equity5
1.07×Debt to equity5
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Oil brought in 66% of the revenue Crescent Energy Co broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Oil | $1.8B | $2.1B | $2.4B |
| Natural Gas, Production | $371.1M | $349.9M | $673.5M |
| Natural Gas Liquids (NGL) | $192.9M | $317.0M | $390.6M |
| Midstream And Other | $67.7M | $133.7M | $142.9M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs95¢$3.4B
- Income tax1¢$34.5M
- Profit4¢$132.9M
Out of $3.6B in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Dividends paid7¢$115.1M
- Share buybacks2¢$33.5M
- Kept or used elsewhere91¢$1.5B
Out of $1.7B of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total revenues | $3.6B | $2.9B | $2.4B |
| Lease and asset operating expense | $767.8M | $632.0M | $582.0M |
| Workover expense | $74.5M | $60.3M | $58.4M |
| Gathering, processing and transportation | $408.9M | $312.9M | $235.2M |
| Production and other taxes | $219.4M | $162.6M | $163.0M |
| Depreciation, depletion and amortization | $1.2B | $949.5M | $675.8M |
| Impairment expense | $254.6M | $161.5M | $153.5M |
| Exploration expense | $16.8M | $16.6M | $9.3M |
| Midstream and other operating expense | $116.9M | $110.1M | $39.8M |
| General and administrative expense | $472.2M | $336.2M | $140.9M |
| (Gain) loss on sale of assets | -$147.5M | -$29.4M | $0 |
| Total expenses | $3.4B | $2.7B | $2.1B |
| Income (loss) from operations | $229.3M | $218.5M | $324.7M |
| Gain (loss) on derivatives | $302.9M | -$114.3M | $167.0M |
| Interest expense | -$298.4M | -$216.3M | -$145.8M |
| Loss from extinguishment of debt | -$29.2M | -$59.1M | $0 |
| Other income (expense) | -$5.0M | $1.8M | -$282.0K |
| Income (loss) from equity affiliates | $2.2M | $729.0K | -$413.0K |
| Total other income (expense) | -$27.6M | -$387.2M | $20.5M |
| Income (loss) before taxes | $201.7M | -$168.8M | $345.2M |
| Income tax benefit (expense) | -$34.5M | $31.1M | -$23.2M |
| Net income (loss) | $167.2M | -$137.7M | $322.0M |
| Less: net (income) loss attributable to noncontrolling interests | -$20.2M | $1.2M | -$472.0K |
| Less: net (income) loss attributable to redeemable noncontrolling interests | -$14.1M | $21.9M | -$253.9M |
| Net income (loss) attributable to Crescent Energy | $132.9M | -$114.6M | $67.6M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $10.2M | $132.8M | $3.0M | |
| Restricted cash | $725.7M | $5.5M | $261.0K | |
| Derivative assets current | $322.8M | $53.3M | ||
| Prepaid expenses | $46.3M | $42.6M | ||
| Other current assets | $13.3M | $11.6M | ||
| Total current assets | $1.9B | $788.1M | ||
| Proved | $13.3B | $11.5B | ||
| Unproved | $413.4M | $374.3M | ||
| Oil and natural gas properties at cost, successful efforts method | $13.7B | $11.8B | ||
| Field and other property and equipment, at cost | $157.0M | $226.9M | ||
| Total property, plant and equipment | $13.8B | $12.1B | ||
| Less: accumulated depreciation, depletion, amortization and impairment | -$3.6B | -$3.9B | ||
| Property, plant and equipment, net | $10.3B | $8.1B | ||
| Derivative assets noncurrent | $2.8M | $6.7M | ||
| Investments in equity affiliates | $8.1M | $13.8M | ||
| Deferred tax asset | $143.7M | $0 | ||
| Other assets | $151.5M | $207.0M | ||
| TOTAL ASSETS | $12.4B | $9.2B | ||
| Derivative liabilities current | $0 | $2.7M | ||
| Financing lease obligations current | $4.9M | $3.6M | ||
| Other current liabilities | $86.6M | $62.3M | ||
| Total current liabilities | $1.3B | $827.4M | ||
| Long-term debt | $5.5B | $3.0B | ||
| Derivative liabilities noncurrent | $13.4M | $37.7M | ||
| Asset retirement obligations | $383.1M | $448.9M | ||
| Deferred tax liability | $11.7M | $370.3M | ||
| Financing lease obligations noncurrent | $3.2M | $3.5M | ||
| Other liabilities | $82.8M | $55.5M | ||
| Total liabilities | $7.3B | $4.8B | ||
| Redeemable noncontrolling interests | $0 | $1.2B | $1.9B | $2.4B |
| Preferred stock, $0.0001 par value; 500,000,000 shares authorized and 1,000 Series I preferred shares issued and outstanding as of December 31, 2025 and 2024 | $0 | $0 | ||
| Treasury stock, at cost; 7,079,021 and 2,434,484 shares of Class A common stock as of December 31, 2025 and 2024, respectively | -$71.1M | -$32.4M | ||
| Additional paid-in capital | $5.2B | $3.2B | ||
| Retained earnings (accumulated deficit) | $0 | -$64.8M | ||
| Noncontrolling interests | $7.5M | $9.3M | ||
| Total equity | $5.2B | $3.1B | $1.7B | $862.3M |
| TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY | $12.4B | $9.2B | ||
| Preferred stock, par value (in USD per share) | $0.00 | $0.00 | ||
| Preferred stock authorized (in shares) | 500.0M shares | 500.0M shares | ||
| Preferred stock issued (in shares) | 1.0K shares | 1.0K shares | ||
| Preferred stock outstanding (in shares) | 1.0K shares | 1.0K shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $10.2M | $132.8M | $3.0M | |
| Restricted cash | $725.7M | $5.5M | $261.0K | |
| Derivative assets current | $322.8M | $53.3M | ||
| Prepaid expenses | $46.3M | $42.6M | ||
| Other current assets | $13.3M | $11.6M | ||
| Total current assets | $1.9B | $788.1M | ||
| Proved | $13.3B | $11.5B | ||
| Unproved | $413.4M | $374.3M | ||
| Oil and natural gas properties at cost, successful efforts method | $13.7B | $11.8B | ||
| Field and other property and equipment, at cost | $157.0M | $226.9M | ||
| Total property, plant and equipment | $13.8B | $12.1B | ||
| Less: accumulated depreciation, depletion, amortization and impairment | -$3.6B | -$3.9B | ||
| Property, plant and equipment, net | $10.3B | $8.1B | ||
| Derivative assets noncurrent | $2.8M | $6.7M | ||
| Investments in equity affiliates | $8.1M | $13.8M | ||
| Deferred tax asset | $143.7M | $0 | ||
| Other assets | $151.5M | $207.0M | ||
| TOTAL ASSETS | $12.4B | $9.2B | ||
| Derivative liabilities current | $0 | $2.7M | ||
| Financing lease obligations current | $4.9M | $3.6M | ||
| Other current liabilities | $86.6M | $62.3M | ||
| Total current liabilities | $1.3B | $827.4M | ||
| Long-term debt | $5.5B | $3.0B | ||
| Derivative liabilities noncurrent | $13.4M | $37.7M | ||
| Asset retirement obligations | $383.1M | $448.9M | ||
| Deferred tax liability | $11.7M | $370.3M | ||
| Financing lease obligations noncurrent | $3.2M | $3.5M | ||
| Other liabilities | $82.8M | $55.5M | ||
| Total liabilities | $7.3B | $4.8B | ||
| Redeemable noncontrolling interests | $0 | $1.2B | $1.9B | $2.4B |
| Preferred stock, $0.0001 par value; 500,000,000 shares authorized and 1,000 Series I preferred shares issued and outstanding as of December 31, 2025 and 2024 | $0 | $0 | ||
| Treasury stock, at cost; 7,079,021 and 2,434,484 shares of Class A common stock as of December 31, 2025 and 2024, respectively | -$71.1M | -$32.4M | ||
| Additional paid-in capital | $5.2B | $3.2B | ||
| Retained earnings (accumulated deficit) | $0 | -$64.8M | ||
| Noncontrolling interests | $7.5M | $9.3M | ||
| Total equity | $5.2B | $3.1B | $1.7B | $862.3M |
| TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY | $12.4B | $9.2B | ||
| Preferred stock, par value (in USD per share) | $0.00 | $0.00 | ||
| Preferred stock authorized (in shares) | 500.0M shares | 500.0M shares | ||
| Preferred stock issued (in shares) | 1.0K shares | 1.0K shares | ||
| Preferred stock outstanding (in shares) | 1.0K shares | 1.0K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | $167.2M | -$137.7M | $322.0M |
| Depreciation, depletion and amortization | $1.2B | $949.5M | $675.8M |
| Impairment expense | $254.6M | $161.5M | $153.5M |
| Deferred income tax expense (benefit) | $35.7M | -$35.9M | $22.7M |
| (Gain) loss on sale of assets | -$147.5M | -$29.4M | $0 |
| (Gain) loss on derivatives | -$302.9M | $114.3M | -$167.0M |
| Net cash (paid) received on settlement of derivatives | $81.6M | -$35.9M | -$153.7M |
| Non-cash equity-based compensation expense | $245.5M | $185.6M | $82.9M |
| Amortization of debt issuance costs, premium and discount | $14.5M | $13.4M | $12.8M |
| Loss from debt extinguishment | $29.2M | $59.1M | $0 |
| Settlement of acquired derivative contracts | $83.1M | $60.8M | -$61.5M |
| Other | -$29.2M | -$32.6M | -$24.2M |
| Accounts receivable | $69.3M | $111.4M | -$42.1M |
| Accounts receivable affiliates | $2.4M | -$4.7M | $573.0K |
| Prepaid and other current assets | $12.5M | $3.2M | -$6.5M |
| Accounts payable and accrued liabilities | -$32.0M | -$128.0M | $91.8M |
| Accounts payable affiliates | $32.5M | -$25.1M | $20.8M |
| Other | -$3.2M | -$6.4M | $7.8M |
| Net cash provided by operating activities | $1.7B | $1.2B | $935.8M |
| Development of oil and natural gas properties | -$951.0M | -$685.7M | -$581.4M |
| Acquisitions of oil and natural gas properties, net of cash acquired | -$818.9M | -$558.6M | -$849.3M |
| Proceeds from the sale of oil and natural gas properties | $847.1M | $54.8M | $28.9M |
| Purchases of restricted investment securities HTM | -$23.4M | -$7.1M | -$12.4M |
| Maturities of restricted investment securities HTM | $23.4M | $7.2M | $12.5M |
| Other | $0 | -$8.9M | $2.8M |
| Net cash used in investing activities | -$922.7M | -$1.2B | -$1.4B |
| Proceeds from the issuance of Senior Notes, after premium, discount and underwriting fees | $591.8M | $2.1B | $984.6M |
| Repurchase of Senior Notes, including extinguishment costs | -$522.4M | -$714.8M | $0 |
| Payment of debt issuance costs | -$9.7M | -$28.0M | -$7.2M |
| Settlement of acquired deferred acquisition consideration | $0 | -$75.0M | $0 |
| Proceeds from the Equity Issuances after underwriting fees | $0 | $330.6M | $145.7M |
| Payment of costs related to the Equity Issuances | $0 | -$1.3M | -$2.3M |
| Redeemable noncontrolling interest contributions | $0 | $0 | $1.2M |
| Redeemable noncontrolling interest distributions | $0 | -$293.0K | -$417.0K |
| Dividend to Class A common stock | -$115.1M | -$65.1M | -$34.1M |
| Cash distributions to redeemable noncontrolling interests initiated by Class A common stock dividend | -$7.6M | -$32.0M | -$56.3M |
| Cash distributions to redeemable noncontrolling interests initiated by Manager Compensation | -$8.8M | -$22.2M | -$33.2M |
| Cash distributions to redeemable noncontrolling interests initiated by income taxes | -$1.1M | -$458.0K | -$798.0K |
| Noncontrolling interest distributions | -$8.4M | -$10.1M | -$2.5M |
| Noncontrolling interest contributions | $0 | $4.3M | $1.8M |
| Cash paid for treasury stock acquired for equity-based compensation tax withholding | -$5.2M | -$7.5M | -$72.0K |
| Repurchases of Class A common stock | -$33.5M | -$7.8M | $0 |
| Other | -$4.0M | -$4.1M | -$3.9M |
| Net cash provided by (used in) financing activities | -$245.1M | $207.4M | $456.5M |
| Net change in cash, cash equivalents and restricted cash | $512.4M | $232.2M | -$6.6M |
No quarter-by-quarter statement was filed.
Corporate structure
Crescent Energy Co sits at the top of its group. 54 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Crescent Energy Co
- Independence Energy Aggregator L.P. Filed SCHEDULE 13D/A on Crescent Energy Co, latest Oct 13, 2026 (13 filings since Dec 17, 2021)
- DIMENSIONAL FUND ADVISORS LP Filed SCHEDULE 13G on Crescent Energy Co, latest Oct 8, 2026
- State Street Corporation Filed SCHEDULE 13G on Crescent Energy Co, latest Aug 7, 2026 (3 filings since May 13, 2025)
- BlackRock Filed SCHEDULE 13G/A on Crescent Energy Co, latest Jul 27, 2026 (4 filings since Feb 2, 2024)
- Liberty Mutual Foundation Inc. Filed SCHEDULE 13D/A on Crescent Energy Co, latest May 11, 2026
- AMERICAN CENTURY INVESTMENT MANAGEMENT INC Filed SCHEDULE 13G/A on Crescent Energy Co, latest May 1, 2026 (2 filings since Nov 8, 2024)
- VANGUARD PORTFOLIO MANAGEMENT LLC Filed SCHEDULE 13G on Crescent Energy Co, latest Apr 29, 2026
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Crescent Energy Co, latest Mar 26, 2026 (6 filings since Feb 9, 2023)
- PT Independence Energy Holdings LLC Filed SCHEDULE 13D/A on Crescent Energy Co, latest Dec 22, 2025 (6 filings since Dec 17, 2021)
- The Bank of New York Mellon Filed SCHEDULE 13G/A on Crescent Energy Co, latest Jul 18, 2025 (2 filings since Jan 23, 2025)
- John C. Goff Filed SCHEDULE 13D/A on Crescent Energy Co, latest May 23, 2025 (3 filings since Dec 16, 2021)
- Pacer Advisors, Inc. Filed SCHEDULE 13G/A on Crescent Energy Co, latest May 2, 2025 (2 filings since May 2, 2025)
- Crescent Energy Co Houston, Texas, United States
- 10. Subsidiary · Delaware, United States
- 11. Subsidiary · Delaware, United States
- 12. Subsidiary · Delaware, United States
- 13. Subsidiary · Delaware, United States
- 14. Subsidiary · Oklahoma, United States
- 15. Subsidiary · Delaware, United States
- 16. Subsidiary · Delaware, United States
- 17. Subsidiary · Delaware, United States
- 18. Subsidiary · Delaware, United States
- 19. Subsidiary · Delaware, United States
- 20. Subsidiary · Delaware, United States
- 21. Subsidiary · Delaware, United States
- 22. Subsidiary · Delaware, United States
- 23. Subsidiary · Delaware, United States
- 24. Subsidiary · Delaware, United States
- 25. Subsidiary · Delaware, United States
- 26. Subsidiary · Delaware, United States
- 27. Subsidiary · Delaware, United States
- 28. Subsidiary · Delaware, United States
- 29. Subsidiary · Delaware, United States
- 30. Subsidiary · Delaware, United States
- 31. Subsidiary · Delaware, United States
- 32. Subsidiary · Delaware, United States
- 33. Subsidiary · Delaware, United States
- 34. Subsidiary · Delaware, United States
- and 28 more
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Crescent Energy Co reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finance-lease assets | $23.3M5 Dec 31, 2025 | $18.4M5 Dec 31, 2024 | +26.6% |
| Operating-lease assets (leased space) | $81.3M5 Dec 31, 2025 | $66.6M5 Dec 31, 2024 | +22.1% |
| Oil and gas properties | $10.1B5 Dec 31, 2025 | $8.0B5 Dec 31, 2024 | +26.8% |
Investments
Leadership
Who has led Crescent Energy Co, and when. Pick a name to see everywhere that person has worked.
- Chief executive officerDavid C. Rockecharlie Dec 7, 2021 to now12
- Chief financial officerBrandi Kendall Dec 7, 2021 to now13
Board members and other officers (20)
- OfficerBrandi Kendall Jun 12, 2023 to now14
- OfficerDavid C. Rockecharlie Jun 12, 2023 to now15
- OfficerBo Shi Mar 10, 2022 to now16
- Executive Vice PresidentBenjamin Conner Dec 7, 2021 to Nov 22, 202217
- Executive Vice PresidentJohn Clayton Rynd Dec 7, 2021 to now18
- Chief Accounting OfficerTodd Falk Dec 7, 2021 to now19
- Board memberConrad Langenhagen V. May 14, 2025 to now20
- Board memberJarvis Hollingsworth V. Dec 19, 2025 to now21
- Board memberWilliam E. Albrecht Dec 19, 2025 to now22
- Board memberMarcus C. Rowland Aug 1, 2024 to now23
- Board memberMichael Duginski Aug 1, 2024 to now24
- Board memberBevin Brown Dec 7, 2021 to now25
- Board memberBrandi Kendall Dec 7, 2021 to now13
- Board memberClaire S. Farley Dec 7, 2021 to now26
- Board memberDavid C. Rockecharlie Dec 7, 2021 to now12
- Board memberEllis L. McCain Dec 7, 2021 to now27
- Board memberErich Bobinsky Dec 7, 2021 to now28
- Board memberJohn C. Goff Dec 7, 2021 to now29
- Board memberKaren Jo Simon Dec 7, 2021 to now30
- Board memberRobert G. Gwin Dec 7, 2021 to now31
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- 10. Delaware4
- 11. Delaware4
- 12. Delaware4
- 13. Delaware4
- 14. Oklahoma4
- 15. Delaware4
- 16. Delaware4
- 17. Delaware4
- 18. Delaware4
- 19. Delaware4
- 20. Delaware4
- 21. Delaware4
- 22. Delaware4
- 23. Delaware4
- 24. Delaware4
- 25. Delaware4
- 26. Delaware4
- 27. Delaware4
- 28. Delaware4
- 29. Delaware4
- 30. Delaware4
- 31. Delaware4
- 32. Delaware4
- 33. Delaware4
All 53 listed subsidiaries
- 34. Delaware4
- 35. Delaware4
- 36. Delaware4
- 37. Delaware4
- 38. Delaware4
- 39. Delaware4
- 40. Delaware4
- 41. Delaware4
- 42. Texas4
- 43. Delaware4
- 44. Delaware4
- 45. Delaware4
- 46. Delaware4
- 47. Delaware4
- 48. Delaware4
- 49. Delaware4
- 50. Delaware4
- 51. Delaware4
- 52. Delaware4
- 53. Delaware4
- 54. Delaware4
- 55. Delaware4
- 56. Delaware4
- 57. Delaware4
- 58. Delaware4
- 59. Delaware4
- 60. Delaware4
- 61. Delaware4
- 62. Delaware4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- IE PubCo Inc.Jun 8, 2021 to Nov 22, 20213
Timeline
- Oct 15, 20268-K Entered a material agreement; Results of operations; New debt or obligation32
- Oct 9, 20268-K Regulation FD disclosure; Other events33
- Oct 8, 20268-K Entered a material agreement; Results of operations; Regulation FD disclosure34
- Aug 3, 20268-K Results of operations; Regulation FD disclosure35
- Jul 8, 20268-K Results of operations36
- May 22, 20268-K Entered a material agreement; New debt or obligation37
- May 4, 20268-K Results of operations; Regulation FD disclosure38
- Apr 9, 20268-K Results of operations39
- Mar 9, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares40
- Mar 2, 20268-K Regulation FD disclosure; Other events41
- Feb 25, 20268-K Results of operations; Regulation FD disclosure42
- Jan 12, 20268-K Results of operations43
- Dec 7, 2021New chief executive David C. Rockecharlie becomes CEO12
- Jun 3, 2021Founded Crescent Energy Co is founded2
Calendar
Coming up
- Nov 2, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.30 a share, on Nov 3, 2025.44
When it reported results
- Oct 15, 2026Reported quarterly or annual results32
- Oct 8, 2026Reported quarterly or annual results34
- Aug 3, 2026Reported quarterly or annual results35
- Jul 8, 2026Reported quarterly or annual results36
- May 4, 2026Reported quarterly or annual results38
- Apr 9, 2026Reported quarterly or annual results39
- Feb 25, 2026Reported quarterly or annual results42
- Jan 12, 2026Reported quarterly or annual results43
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
429 filings to the SEC since October 2021: 5 annual reports, 14 quarterly reports, 105 major events, 169 insider forms, 47 large holders, 89 other. The latest 20:
- Oct 15, 20268-K EDGAR
- Oct 13, 2026424B3 EDGAR
- Oct 13, 2026SCHEDULE 13D/A EDGAR
- Oct 9, 20268-K EDGAR
- Oct 8, 2026424B3 EDGAR
- Oct 8, 2026S-3ASR EDGAR
- Oct 8, 20268-K EDGAR
- Oct 8, 2026SCHEDULE 13G EDGAR
- Sep 25, 20264 EDGAR
- Sep 25, 20264 EDGAR
- Sep 25, 20264 EDGAR
- Aug 18, 20264 EDGAR
- Aug 7, 2026SCHEDULE 13G EDGAR
- Aug 3, 202610-Q EDGAR
- Aug 3, 20268-K EDGAR
- Jul 27, 2026SCHEDULE 13G/A EDGAR
- Jul 8, 20268-K EDGAR
- Jul 8, 2026SD EDGAR
- Jun 4, 20264 EDGAR
- May 22, 20268-K EDGAR
The 429 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
77 open-market trades by officers, directors and large owners since October 2021: 65 buys and 12 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 7, 2026 | Liberty Mutual Foundation Inc.10% owner | Sale | 32,600,000 | $12.33 | $402.0M | Form 4 |
| May 6, 2026 | ROWLAND MARCUS CDirector | Sale | 40,000 | $13.25 | $530.0K | Form 4 |
| Mar 17, 2025 | Kendall BrandiChief Financial Officer | Buy | 932 | $11.05 | $10.3K | Form 4 |
| Mar 13, 2025 | DUGINSKI MICHAELDirector | Buy | 20,000 | $10.57 | $211.4K | Form 4 |
| Mar 12, 2025 | DUGINSKI MICHAELDirector | Buy | 6,000 | $10.71 | $64.3K | Form 4 |
| Mar 11, 2025 | DUGINSKI MICHAELDirector | Buy | 4,000 | $10.38 | $41.5K | Form 4 |
| Mar 10, 2025 | KKR & Co. Inc.10% owner | Sale | 2,948,723 | $9.91 | $29.2M | Form 4 |
| Mar 10, 2025 | KKR Group Assets III GP LLC10% owner | Sale | 2,948,723 | $9.91 | $29.2M | Form 4 |
| Sep 5, 2024 | Shi BoSee Remarks | Buy | 950 | $11.13 | $10.6K | Form 4 |
| Sep 5, 2024 | Falk ToddSee remarks | Buy | 1,000 | $11.24 | $11.2K | Form 4 |
| Sep 5, 2024 | Rockecharlie David C.Chief Executive Officer | Buy | 10,000 | $11.07 | $110.7K | Form 4 |
| Sep 5, 2024 | Kendall BrandiChief Financial Officer | Buy | 1,285 | $11.51 | $14.8K | Form 4 |
| Aug 23, 2024 | DUGINSKI MICHAELDirector | Buy | 9,000 | $11.10 | $99.9K | Form 4 |
| Aug 22, 2024 | DUGINSKI MICHAELDirector | Buy | 1,000 | $11.00 | $11.0K | Form 4 |
| Aug 9, 2024 | Falk ToddSee remarks | Buy | 1,000 | $10.49 | $10.5K | Form 4 |
| Aug 9, 2024 | DUGINSKI MICHAELDirector | Buy | 8,919 | $10.50 | $93.7K | Form 4 |
| Aug 8, 2024 | DUGINSKI MICHAELDirector | Buy | 9,344 | $10.62 | $99.2K | Form 4 |
| Apr 1, 2024 | KKR Group Holdings Corp.10% owner | Sale | 6,000,000 | $10.74 | $64.4M | Form 4 |
| Apr 1, 2024 | KKR Group Assets III GP LLC10% owner | Sale | 6,000,000 | $10.74 | $64.4M | Form 4 |
| Mar 15, 2024 | Kendall BrandiChief Financial Officer | Buy | 488 | $11.08 | $5.4K | Form 4 |
All 77 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Independence Energy Aggregator L.P.SCHEDULE 13D/A, 13 filings Dec 17, 2021 to Oct 13, 202645
- DIMENSIONAL FUND ADVISORS LPSCHEDULE 13G, 1 filing Oct 8, 202646
- State Street CorporationSCHEDULE 13G, 3 filings May 13, 2025 to Aug 7, 202647
- BlackRockSCHEDULE 13G/A, 4 filings Feb 2, 2024 to Jul 27, 202648
- Liberty Mutual Foundation Inc.SCHEDULE 13D/A, 1 filing May 11, 202649
- AMERICAN CENTURY INVESTMENT MANAGEMENT INCSCHEDULE 13G/A, 2 filings Nov 8, 2024 to May 1, 202650
- VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 202651
- VANGUARD GROUP INCSCHEDULE 13G/A, 6 filings Feb 9, 2023 to Mar 26, 202652
- PT Independence Energy Holdings LLCSCHEDULE 13D/A, 6 filings Dec 17, 2021 to Dec 22, 202553
- The Bank of New York MellonSCHEDULE 13G/A, 2 filings Jan 23, 2025 to Jul 18, 202554
- John C. GoffSCHEDULE 13D/A, 3 filings Dec 16, 2021 to May 23, 202555
- Pacer Advisors, Inc.SCHEDULE 13G/A, 2 filings May 2, 202556
- Retirement System Of Texas TeacherSC 13G/A, 3 filings Jul 26, 2023 to Nov 13, 202457
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 38,716,409 | $380.2M | 0.0% | +1,359,062 |
| Kohlberg Kravis Roberts & Co. L.P. | 28,655,357 | $281.4M | 5.2% | No change |
| American Century Companies Inc | 17,958,226 | $176.3M | 0.1% | +671,779 |
| Vanguard Portfolio Management LLC | 17,244,762 | $169.3M | 0.0% | +1,017,520 |
| Goldman Sachs Group Inc | 16,912,550 | $166.1M | 0.0% | +8,602,274 |
| State Street Corp | 16,551,114 | $162.5M | 0.0% | +465,744 |
| Dimensional Fund Advisors LP | 16,311,619 | $160.2M | 0.0% | +3,140,586 |
| Vanguard Capital Management LLC | 11,999,515 | $117.8M | 0.0% | +677,100 |
| Invesco Ltd. | 8,778,114 | $86.2M | 0.0% | +198,785 |
| Jennison Associates LLC | 7,589,933 | $74.5M | 0.0% | +3,335,526 |
| Geode Capital Management, LLC | 6,499,983 | $63.8M | 0.0% | +401,337 |
| Two Sigma Investments, LP | 5,623,753 | $55.2M | 0.0% | +3,835,830 |
| Charles Schwab Investment Management Inc | 5,114,028 | $50.2M | 0.0% | −333,657 |
| Bank of New York Mellon Corp | 4,459,464 | $43.8M | 0.0% | +193,993 |
| Liberty Mutual Group Asset Management Inc. | 4,254,746 | $41.8M | 3.6% | −32,600,000 |
| Assenagon Asset Management S.A. | 3,954,208 | $38.8M | 0.0% | New |
| Morgan Stanley | 3,434,358 | $33.7M | 0.0% | +310,784 |
| Pickering Energy Partners LP | 3,203,978 | $31.5M | 87.4% | +61,500 |
| Citadel Advisors LLC | 3,186,604 | $31.3M | 0.0% | +3,097,467 |
| Hotchkis & Wiley Capital Management LLC | 2,883,335 | $28.3M | 0.1% | +318,050 |
| Segall Bryant & Hamill, LLC | 2,714,204 | $26.7M | 0.3% | +120,052 |
| Northern Trust Corp | 2,517,949 | $24.7M | 0.0% | +178,657 |
| Miller Value Partners, LLC | 2,092,679 | $20.6M | 4.9% | +89,547 |
| Wells Fargo & Company/mn | 2,039,694 | $20.0M | 0.0% | +1,530,917 |
| Nomura Holdings Inc | 1,822,936 | $17.9M | 0.1% | +1,810,719 |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
4 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Jun 24, 2025 | Lisa C. McClainRepublican, House | Sale | $1,001 - $15,000 | −29.8% | Report |
| Jun 9, 2025 | Lisa C. McClainRepublican, House | Buy | $1,001 - $15,000 | +23.0% | Report |
| Dec 12, 2022 | Christopher L. Jacobs, House | Sale | $1,001 - $15,000 | +81.2% | Report |
| Jul 18, 2022 | Christopher L. Jacobs, House | Buy | $1,001 - $15,000 | −95.7% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
SEC filer profile
How Crescent Energy Co is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARCrescent Energy Co1
- CIK0001866175
- Employer ID (EIN)87-113361058
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company58
- Incorporated inDelaware58
- Fiscal year endsDecember 311
- Industry code (SIC)1311 Crude Petroleum & Natural Gas1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address600 Travis Street, Suite 7200, Houston, TX 770021
- Phone713-332-70011
- Shares outstanding330,403,696 as of Jul 31, 202611
- Public float$1.3B as of Jun 30, 202558
- AuditorDELOITTE & TOUCHE LLP, Houston, Texas PCAOB ID 34; it also attests to the company’s internal control over financial reporting58
- On EDGAR sinceJun 8, 20211
- Filings437 in all: 4 (144), 8-K (100), 425 (27), 3 (24), 10-Q (14), 424B3 (13), SC 13D/A (12), CORRESP (10)1
All 35 form types
SCHEDULE 13D/A (8), SCHEDULE 13G/A (8), UPLOAD (8), SCHEDULE 13G (7), 10-K (5), 144 (5), 8-K/A (5), S-1/A (5), SC 13G/A (5), EFFECT (4), S-4/A (4), S-8 (4), SC 13G (4), S-4 (3), SC 13D (3), SD (3), S-3ASR (2), 424B4 (1), 424B7 (1), 5 (1), 8-A12B (1), CERT (1), DEF 14C (1), POSASR (1), PRE 14C (1), S-1 (1), S-3 (1)
- Latest filingsAnnual report (10-K) Feb 25, 2026
Quarterly report (10-Q) Aug 3, 2026
Latest 8-K (8-K) Oct 15, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Class A Common Stock, par value $0.0001 | CRGY | New York Stock Exchange |
From the cover page of the 10-K filed Feb 25, 2026 (Section 12(b) of the Exchange Act).58
Risk factors and legal proceedings
The risks Crescent Energy Co names in Item 1A of its 10-K filed Feb 25, 2026: 64 risks under these headings, as written.58
- Risks related to the oil and natural gas industry and our operations
- Oil, natural gas and NGL prices are volatile. A sustained decline in prices could adversely affect our business, financial condition and results of operations, liquidity and our ability to meet our financial commitments or cause us to delay our planned capital expenditures.
- We have been negatively affected and may in the future be negatively affected by a drop in commodity prices.
- We have consolidated our business over time through acquisitions, including the Ridgemar Acquisition and the Vital Energy Merger, and there are risks associated with integration of all of these assets, operations and our ability to manage those risks. In addition, we may be unable to make attractive acquisitions or successfully integrate acquired businesses, assets or properties, and any inability to do so may disrupt our business and hinder our ability to grow.
- Reserve estimates depend on many assumptions that may turn out to be inaccurate. Any material inaccuracies in reserve estimates or underlying assumptions will materially affect the quantities and present value of our reserves.
- The present value of future net revenues from our proved reserves, as reflected in our Standardized Measure, PV-0 value and PV-10 value, will not necessarily be the same as the current market value of our estimated proved oil and natural gas reserves.
- Unless we replace our reserves with new reserves and develop those reserves, our reserves and production will decline, which may adversely affect our future cash flows and results of operations.
- The unavailability or high cost of equipment, supplies, personnel and oilfield services, due to, among other things, potential tariffs, commodity price volatility or supply constraints as a result of the conflicts in Ukraine, Venezuela and the Middle
- East, elevated interest rates and associated policies of the Federal Reserve or otherwise could adversely affect our ability to execute development and exploitation plans on a timely basis and within budget, and consequently could materially and adversely affect our anticipated cash flow.
- Our development projects require substantial capital expenditures. We may be unable to obtain required capital or financing on satisfactory terms or at all, which could lead to a decline in our reserves and cash flows.
- The development of our estimated PUD reserves may take longer and may require higher levels of capital expenditures than we currently anticipate. Therefore, our estimated PUD reserves may not be ultimately developed or produced.
- Our development opportunities are scheduled to be developed over many years, making them susceptible to uncertainties that could materially alter the occurrence or timing of such development. In addition, we may not be able to raise the substantial amount of capital that would be necessary to drill such locations.
The other 53 risks
- Certain of our undeveloped leasehold acreage is subject to leases that will expire over the next several years unless production is established on units containing the acreage, the primary term is extended through continuous drilling provisions or the leases are renewed.
- Drilling for and producing oil and natural gas are high-risk activities with many uncertainties that could adversely affect our business, financial condition or results of operations.
- We may experience difficulty in achieving and managing future growth.
- Our operations are dependent on third-party service providers.
- Inflationary issues and associated changes in monetary policy previously have resulted in and such issues, as well as certain proposed tariffs, may in the future result in additional increases to the cost of our goods, services and personnel, which in turn cause our capital expenditures and operating costs to rise.
- Through the Management Agreement, we depend on the Manager and its personnel to manage and operate our business, the loss of any of whom would materially and adversely affect future operations. Additionally, operational risks affecting the Manager, and our ability to work collaboratively with the Manager, including with respect to the allocation of corporate opportunities and other conflicts of interest, may impact our business and have a material effect on our business, financial results and prospects.
- Properties we have recently acquired or may acquire in the future may not produce as projected, and we may be unable to determine reserve potential, identify liabilities associated with such properties or obtain protection from sellers against such liabilities.
- Future commodity price declines may result in write-downs of our asset carrying values.
- We may be unable to compete effectively with larger companies, which may adversely affect our ability to generate sufficient revenues.
- Deficiencies of title to our leased interests could materially and adversely affect our financial condition.
- Certain of our properties are subject to land use restrictions, which could limit the manner in which we conduct our business.
- Part of our business strategy will involve using some of the latest available horizontal D&C techniques, which involve risks and uncertainties in their application.
- We may encounter obstacles to marketing our oil and natural gas, which could materially and adversely affect our revenues.
- We are not the operator on all of our acreage or drilling locations, and, therefore, we will not be able to control the timing of exploration or development efforts, associated costs, or the rate of production of any non-operated assets and could be liable for certain financial obligations of the operators or any of our contractors to the extent such operator or contractor is unable to satisfy such obligations.
- Risks related to regulatory matters
- Our drilling and production programs may not be able to obtain access on commercially reasonable terms or otherwise to truck transportation, pipelines, transmission, storage and processing facilities to market our production, and our initiatives to expand our access to midstream and operational infrastructure may be unsuccessful.
- Our operations are substantially dependent on the availability of water. Restrictions on our ability to obtain water may have a material and adverse effect on our financial condition, results of operations and cash flows.
- We may face unanticipated water and other waste disposal costs.
- A change in the jurisdictional characterization of some of our assets by federal, state or local regulatory agencies or a change in policy by those agencies may result in increased regulation of our assets, which may cause our revenues to decline and operating expenses to increase.
- Should we fail to comply with all applicable FERC administered statutes, rules, regulations and orders, we could be subject to substantial penalties and fines.
- Our sales of oil and natural gas, and any hedging activities related to such energy commodities, expose us to potential regulatory risks.
- The adoption of derivatives legislation and regulations by the U.S. Congress related to derivative contracts could have a material and adverse effect on our ability to hedge risks associated with our business.
- Our ability to pursue our business strategies may be adversely affected if we incur costs and liabilities due to a failure to comply with environmental laws or regulations or a release of hazardous substances or other wastes into the environment.
- We are subject to complex federal, state, local and other laws and regulations that could materially and adversely affect the cost, manner or feasibility of conducting our operations.
- Our operations are subject to a series of risks arising from climate change.
- Federal, state and local legislative and regulatory initiatives relating to hydraulic fracturing as well as governmental reviews of such activities could result in increased costs and additional operating restrictions or delays in the completion of oil and natural gas wells and adversely affect our production.
- Restrictions on drilling activities intended to protect certain species of wildlife may adversely affect our ability to conduct drilling activities in some of the areas where we operate.
- Increased attention to sustainability-related matters and conservation measures may adversely impact our business.
- Risks related to our indebtedness
- We are partially dependent on our Revolving Credit Facility, our Crescent Minerals and Royalties Credit Facility and continued access to capital markets to successfully execute our operating strategies.
- We have incurred significant additional indebtedness during recent periods, which may impair our ability to raise further capital or impact our ability to service our debt.
- A reduction in the borrowing base under our Revolving Credit Facility and our Crescent Minerals and Royalties Credit Facility as a result of periodic borrowing base redeterminations or otherwise may negatively impact our ability to fund our operations.
- If we experience liquidity concerns, we could face a downgrade in our debt ratings which could restrict our access to, and negatively impact the terms of, current or future financings or trade credit.
- The borrowings under our Revolving Credit Facility and our Crescent Minerals and Royalties Credit Facility expose us to interest rate risk.
- Risks related to our common stock
- If we fail to maintain an effective system of internal controls, we may not be able to accurately report our financial results or prevent fraud. As a result, stockholders could lose confidence in our financial reporting, which would harm our business and the trading price of our Class A Common Stock.
- An active, liquid and orderly trading market for our Class A Common Stock may not be maintained.
- Future sales of our Class A Common Stock in the public market, or the perception that such sales may occur, could reduce the price of our Class A Common Stock, and any additional capital raised by us through the sale of equity or convertible securities may dilute your ownership in us.
- If securities or industry analysts do not continue to publish research or reports about our business, if they adversely change their recommendations regarding our Class A Common Stock or if our operating results do not meet their expectations, the trading price of our Class A Common Stock could decline.
- Risks related to our financial condition
- Our hedging activities could result in financial losses or could reduce our net income.
- Our hedging transactions could expose us to counterparty credit risk.
- Certain employees of our operating subsidiaries have profits interests that may require substantial payouts and result in substantial accounting charges.
- Our only principal asset is our interest in OpCo, which in turn holds interests in our operating subsidiaries; accordingly, we depend on distributions and other payments from OpCo and our operating subsidiaries.
- Changes to applicable tax laws or regulations or the interpretation thereof or the imposition of new or increased taxes or fees could increase our future tax liabilities and adversely affect our business, results of operations, financial condition and cash flows.
- Risks related to our governance structure
- We are a “controlled company” within the meaning of NYSE rules and, as a result, qualify for and rely on exemptions from certain corporate governance requirements.
- Our Certificate of Incorporation designates the Court of Chancery of the State of Delaware as the sole and exclusive forum for certain types of actions and proceedings that may be initiated by stockholders, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers, employees or agents.
- Our Preferred Stockholder’s significant voting power limits the ability of holders of our common stock to influence our business.
- The Preferred Stockholder’s controlling ownership position may have the effect of delaying or preventing changes in control or changes in management and may adversely affect the trading price of our Class A Common Stock to the extent investors perceive a disadvantage in owning stock of a company with a controlling shareholder.
- Our Certificate of Incorporation provides that the Preferred Stockholder is, to the fullest extent permitted by law, under no obligation to consider the separate interests of the other stockholders and will contain provisions limiting the liability of the Preferred Stockholder.
- Our Certificate of Incorporation contains a provision renouncing our interest and expectancy in certain corporate opportunities that may prevent us from receiving the benefit of certain corporate opportunities.
- General risks
- Loss, failure or disruption of our and our operators’ information and computer systems could adversely affect our business.
- A terrorist attack or armed conflict or associated economic sanctions resulting therefrom could harm our business.
- Our business could be negatively affected by security threats, including cybersecurity threats, and other disruptions and is subject to complex and evolving laws and regulations regarding privacy and data protection.
- From time to time, we may be involved in legal proceedings that could result in substantial liabilities.
- We may be unable to dispose of non-strategic assets on attractive terms and may be required to retain liabilities for certain matters.
- Our operations are subject to catastrophic losses, operational hazards and unforeseen interruptions and other disruptive risks for which we may not be adequately insured.
Legal proceedings
We may, from time to time, be involved in litigation and claims arising out of its operations in the normal course of business. We are currently unaware of any proceedings that, in the opinion of management, will individually or in the aggregate have a material adverse effect on our financial position, results of operations or cash flows.
As an owner and operator of oil and gas properties, we are subject to various federal, state and local laws and regulations relating to discharge of materials into, and protection of, the environment. These laws and regulations may, among other things, impose liability on the lessee under an oil and gas lease for the cost of pollution cleanup resulting from operations and subject the lessee to liability for pollution damages. In some instances, we may be directed to suspend or cease operations in the affected area. We maintain insurance coverage that is customary in the industry, although we are not fully insured against all environmental risks.
The opening of Item 3, Legal Proceedings.58
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 3
- 4
- 5
- 6
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- 8
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- 10
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- 13
- 14SEC EDGARBrandi Kendall, Officer
- 15SEC EDGARDavid C. Rockecharlie, Officer
- 16SEC EDGARBo Shi, Officer
- 17
- 18
- 19SEC EDGARTodd Falk, Chief Accounting Officer
- 20SEC EDGARConrad Langenhagen V., Board member
- 21
- 22SEC EDGARWilliam E. Albrecht, Board member
- 23SEC EDGARMarcus C. Rowland, Board member
- 24SEC EDGARMichael Duginski, Board member
- 25SEC EDGARBevin Brown, Board member
- 26SEC EDGARClaire S. Farley, Board member
- 27SEC EDGAREllis L. McCain, Board member
- 28SEC EDGARErich Bobinsky, Board member
- 29SEC EDGARJohn C. Goff, Board member
- 30SEC EDGARKaren Jo Simon, Board member
- 31SEC EDGARRobert G. Gwin, Board member
- 32
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- 36SEC EDGARResults of operations
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- 39SEC EDGARResults of operations
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- 43SEC EDGARResults of operations
- 44NasdaqNasdaq calendar
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