The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income (loss) | 167,166 | -137,683 | 321,991 | 480,600 |
| Depreciation, depletion and amortization | 1,166,902 | 949,480 | 675,782 | 532,926 |
| Impairment expense | 254,551 | 161,542 | 153,495 | 142,902 |
| Deferred income tax expense (benefit) | 35,656 | -35,854 | 22,733 | 33,178 |
| Gain on sale of oil and natural gas properties | - | - | 0 | 4,641 |
| (gain) loss on sale of assets | 147,537 | 29,430 | - | - |
| (gain) loss on derivatives | 302,901 | -114,348 | 166,980 | -676,902 |
| Net cash (paid) received on settlement of derivatives | -81,607 | 35,854 | 153,734 | 779,260 |
| Non-cash equity-based compensation expense | 245,468 | 185,613 | 82,936 | 38,063 |
| Amortization of debt issuance costs, premium and discount | 14,517 | 13,377 | 12,826 | 8,894 |
| Write-off of debt issuance costs | - | - | 0 | 0 |
| Loss from debt extinguishment | -29,248 | -59,095 | - | - |
| Restructuring of acquired derivative contracts | - | 0 | 0 | 51,994 |
| Settlement of acquired derivative contracts | -83,142 | -60,787 | 61,455 | 49,929 |
| Other | -29,228 | -32,640 | -24,205 | -7,011 |
| Accounts receivable | -69,340 | -111,405 | 42,091 | 128,820 |
| Accounts receivable affiliates | -2,355 | 4,748 | -573 | -18,360 |
| Prepaid and other current assets | -12,536 | -3,223 | 6,523 | 24,932 |
| Accounts payable and accrued liabilities | -31,962 | -128,016 | 91,822 | 127,620 |
| Accounts payable affiliates | 32,470 | -25,144 | 20,773 | 12,044 |
| Other | 3,174 | 6,415 | -7,826 | 12,530 |
| Net cash provided by operating activities | 1,680,156 | 1,223,086 | 935,769 | 1,012,372 |
| Development of oil and natural gas properties | 951,035 | 685,684 | 581,350 | 592,707 |
| Acquisitions of oil and natural gas properties, net of cash acquired | 818,873 | 558,600 | 849,254 | 626,620 |
| Proceeds from the sale of oil and natural gas properties | 847,143 | 54,771 | 28,946 | 93,203 |
| Purchases of restricted investment securities htm | 23,355 | 7,114 | 12,428 | 8,956 |
| Maturities of restricted investment securities htm | 23,432 | 7,200 | 12,522 | 7,200 |
| Other | 0 | 8,872 | -2,764 | -3,536 |
| Net cash used in investing activities | -922,688 | -1,198,299 | -1,398,800 | -1,124,344 |
| Proceeds from the issuance of senior notes, after premium, discount and underwriting fees | 591,750 | 2,074,625 | 984,625 | 199,250 |
| Repurchase of senior notes, including extinguishment costs | 522,360 | 714,817 | - | - |
| Borrowings-New Credit Agreement | - | - | 2,283,800 | 1,385,000 |
| Revolving credit facility borrowings-Prior Credit Agreement | 4,579,500 | 3,168,300 | 0 | 0 |
| Repayments-New Credit Agreement | - | - | 2,819,748 | 1,369,000 |
| Revolving credit facility repayments-Prior Credit Agreement | 3,810,660 | 3,191,800 | 0 | 0 |
| Payment of debt issuance costs | 9,712 | 28,019 | 7,241 | 20,051 |
| Settlement of acquired deferred acquisition consideration | 0 | 75,000 | - | - |
| Proceeds from the equity issuances after underwriting fees | 0 | 330,573 | 145,665 | - |
| Payment of costs related to the equity issuances | 0 | 1,296 | 2,340 | - |
| Redeemable noncontrolling interest contributions | 0 | 0 | 1,238 | 5,985 |
| Redeemable noncontrolling interest distributions | 0 | 293 | 417 | 213 |
| Repayments of debt acquired in merger, including extinguishment costs-Silver Bow Merger | 0 | - | - | - |
| Repayments of debt acquired in merger transactions | - | - | 0 | 0 |
| Repayments of debt acquired in silverbow merger, including extinguishment costs | - | 1,177,138 | - | - |
| Repayments of debt acquired in merger, including extinguishment costs-Vital Energy Merger | 890,000 | - | - | - |
| Dividend to class a common stock | 115,121 | 65,075 | 34,120 | 27,509 |
| Cash distributions to redeemable noncontrolling interests initiated by class a common stock dividend | 7,560 | 32,013 | 56,259 | 78,855 |
| Cash distributions to redeemable noncontrolling interests initiated by manager compensation | 8,767 | 22,237 | 33,236 | 32,250 |
| Cash distributions to redeemable noncontrolling interests initiated by income taxes | 1,108 | 458 | - | - |
| Repurchase of noncontrolling interest | - | 0 | 0 | 4,060 |
| Repurchase of redeemable noncontrolling interests related to 2024 equity transactions-Repurchased In Conjunction With Equity Transaction | 0 | 22,701 | - | - |
| Distributions to redeemable noncontrolling interests related to income taxes | - | - | 798 | 18,118 |
| Member distributions | - | - | 0 | 0 |
| Repurchase of redeemable noncontrolling interests related to 2024 equity transactions-Repurchased Directly With Cash | 0 | 9,916 | - | - |
| Repurchase of redeemable noncontrolling interests related to equity transactions | - | - | 0 | 36,220 |
| Noncontrolling interest distributions | 8,432 | 10,111 | 2,500 | 6,477 |
| Noncontrolling interest contributions | 0 | 4,280 | 1,771 | 55 |
| Cash paid for treasury stock acquired for equity-based compensation tax withholding | 5,153 | 7,536 | - | - |
| Repurchases of class a common stock | 33,470 | 7,845 | 72 | 0 |
| Other | -3,973 | -4,131 | -3,912 | -5,378 |
| Net cash provided by (used in) financing activities | -245,066 | 207,392 | 456,456 | -7,841 |
| Net change in cash, cash equivalents and restricted cash | 512,402 | 232,179 | -6,575 | -119,813 |
| Cash, cash equivalents and restricted cash, beginning of period | 240,908 | 8,729 | 15,304 | 135,117 |
| Cash, cash equivalents, and restricted cash, end of period | 753,310 | 240,908 | 8,729 | 15,304 |
Crescent Energy Co (CRGY)
Crescent Energy Co (CRGY)