European Investor
07 Oct 2025, 23:45
Crescent Energy Company (NYSE: CRGY) announced preliminary results indicating that it expects to receive approximately $37 million in total cash from hedge settlements for the third quarter of 2025 and $81 million for the first nine months of 2025.
For Q3, this includes $22 million in net cash received from derivative settlements and $15 million from acquired hedge contracts related to the SilverBow Merger. Crescent stated that these settlements will be reflected as positive adjustments to Adjusted EBITDAX and cash flow statements.
The company emphasized that the reported amounts are preliminary and unaudited, subject to final adjustments when full results are released in its Q3 2025 Form 10-Q. Crescent cautioned that these figures constitute forward-looking statements and that actual results could differ materially once financial closing procedures are complete.
For Q3, this includes $22 million in net cash received from derivative settlements and $15 million from acquired hedge contracts related to the SilverBow Merger. Crescent stated that these settlements will be reflected as positive adjustments to Adjusted EBITDAX and cash flow statements.
The company emphasized that the reported amounts are preliminary and unaudited, subject to final adjustments when full results are released in its Q3 2025 Form 10-Q. Crescent cautioned that these figures constitute forward-looking statements and that actual results could differ materially once financial closing procedures are complete.