Quarterly UpdatesJul 8, 2026, 04:51 PM
Crescent Energy Expects $154M Cash Paid on Derivatives in Q2 2026
AI Summary
Crescent Energy Company expects to report preliminary total cash paid on its commodity derivative positions of approximately $154 million for the three months ended June 30, 2026, and $194 million for the six months ended June 30, 2026. These figures include net cash paid on derivative settlements and positive adjustments from the settlement of acquired derivative contracts related to the SilverBow and Vital Mergers. The reported amounts are preliminary and subject to change, with final figures to be disclosed in the upcoming Quarterly Report on Form 10-Q.
Key Highlights
- Crescent Energy expects $154 million total cash paid on commodity derivatives for Q2 2026.
- Crescent Energy expects $194 million total cash paid on commodity derivatives for H1 2026.
- Net cash paid on settlement of derivatives was $(216) million for Q2 2026.
- Net cash paid on settlement of derivatives was $(317) million for H1 2026.
- Settlement of acquired derivative contracts provided $62 million for Q2 2026.
- Settlement of acquired derivative contracts provided $123 million for H1 2026.
- Acquired derivative contracts relate to SilverBow Merger and Vital Merger.
- Excludes $30 million (Q2) and $45 million (H1) earn-out from Ridgemar Acquisition.
Price Impact
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