Crescent Energy Q2 FY26 net income rises 204% to $494 million

Reuters2026/08/03 20:31

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Crescent Energy posted Q2 2026 net income of $494 million, up 203.82% from a year earlier, as revenue rose to $1.39 billion.
Operating income climbed to $581 million, up 629.41% year over year, while operating cash flow reached a record $707 million.
Average production increased to 335 MBoe/d from 263 MBoe/d, including 140 MBbls/d of oil; capital expenditures totaled $284 million.
Adjusted EBITDAX hit a record $798 million, while operating expense fell to $13.38 per Boe from $16.31 per Boe.
2026 total production outlook tightened to 327-335 MBoe/d; Permian synergy target increased to $250 million-$300 million with about $190 million captured.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crescent Energy Co. published the original content used to generate this news brief on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Crescent Energy Q2 FY26 net income rises 204% to $494 million

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