Crescent generated $866.6 million in revenue and $204.5 million in levered free cash flow in Q3 2025. Production averaged 253 MBoe/d, with strong contributions from oil and liquids. The company recorded a net loss of $9.5 million, primarily due to impairment and debt extinguishment costs, while maintaining disciplined capital spending and executing significant acquisitions and divestitures.
Crescent Energy exceeded expectations in Q2 2025, achieving high production and free cash flow while maintaining capital efficiency and strengthening its balance sheet.
Crescent Energy delivered strong first quarter 2025 results, exceeding guidance expectations with $337 million in Operating Cash Flow and $242 million in Levered Free Cash Flow. The company also completed the acquisition of Ridgemar Energy and divested approximately $90 million in non-core assets, while repurchasing $30 million of shares.
Crescent Energy reported a net loss of $170 million for the fourth quarter of 2024, with total revenues reaching $875.289 million. The company achieved record annual production of 201 MBoe/d, a 30% increase year-over-year, driven by acquired volumes and increased well productivity. They also generated $1.2 billion in Operating Cash Flow and $630 million in Levered Free Cash Flow for the full year.