AI brief of an SEC Form 8-K · Crescent Energy (CRGY)

Crescent Energy Q3 revenue rises to $1.35 billion; net loss narrows to $2.2 million

Positive Impact 4 of 5 earnings

Crescent Energy reported third quarter 2026 revenue of $1.35 billion, up from $866.6 million a year earlier, and a net loss attributable to the company of $2.2 million, or $0.01 per share, compared with a $9.5 million loss, or $0.04 per share, in the third quarter of 2025. The company also announced an estimated $3.85 billion all-cash acquisition of Eagle Ford assets from Devon Energy, expected to close in the fourth quarter of 2026 or early 2027, subject to closing conditions.

Key points

  • Total revenues were $1,351.2 million for the quarter, compared with $866.6 million in the third quarter of 2025.
  • Net loss attributable to Crescent was $2.2 million, or $0.01 per share, versus $9.5 million, or $0.04 per share, a year earlier.
  • Adjusted EBITDAX was $785.8 million and Levered Free Cash Flow was $366.7 million for the quarter.
  • Crescent declared a quarterly dividend of $0.12 per share, payable November 30, 2026, and had about $336 million remaining under its share repurchase program as of September 30, 2026.

The filing

CompanyCrescent Energy (CRGY)
Form8-K, current report
Filed with the SECNov 2, 2026, 4:37 PM ET
Accession number0001866175-26-000148

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.