Crescent Energy Files 2024 10-K
Ticker: CRGY · Form: 10-K · Filed: 2025-02-26T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, oil-and-gas, annual-report
Related Tickers: CRGY
TL;DR
CRGY filed its 2024 10-K. All looks standard for oil & gas.
AI Summary
Crescent Energy Co. filed its 2024 10-K on February 26, 2025, reporting on its fiscal year ending December 31, 2024. The company, formerly IE PubCo Inc., is based in Houston, Texas, and operates in the crude petroleum and natural gas sector. The filing details its financial performance and business operations for the past fiscal year.
Why It Matters
This filing provides investors and analysts with a comprehensive overview of Crescent Energy's financial health and operational performance for the 2024 fiscal year, crucial for investment decisions.
Risk Assessment
Risk Level: medium — The oil and gas industry is inherently volatile due to commodity price fluctuations and regulatory changes, posing medium risk.
Key Players & Entities
- Crescent Energy Co. (company) — Filer of the 10-K
- IE PubCo Inc. (company) — Former name of Crescent Energy Co.
- Houston, TX (location) — Business and mailing address
- 20241231 (date) — Fiscal year end
- 20250226 (date) — Filing date
FAQ
What was Crescent Energy's former name?
Crescent Energy Co.'s former name was IE PubCo Inc., with a date of name change on 20210607.
Where is Crescent Energy Co. headquartered?
Crescent Energy Co. is headquartered in Houston, Texas, with its business and mailing address at 600 Travis Street, Suite 7200.
What is Crescent Energy's primary industry?
Crescent Energy Co. operates in the Crude Petroleum & Natural Gas industry, with SIC code 1311.
When did Crescent Energy Co. file its 10-K for the fiscal year 2024?
Crescent Energy Co. filed its 10-K for the fiscal year ending December 31, 2024, on February 26, 2025.
What is the SEC file number for this filing?
The SEC file number for this 10-K filing is 001-41132.
From the Filing
0001866175-25-000024.txt : 20250226 0001866175-25-000024.hdr.sgml : 20250226 20250226162510 ACCESSION NUMBER: 0001866175-25-000024 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 140 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250226 DATE AS OF CHANGE: 20250226 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Crescent Energy Co CENTRAL INDEX KEY: 0001866175 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 871133610 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41132 FILM NUMBER: 25670523 BUSINESS ADDRESS: STREET 1: 600 TRAVIS STREET STREET 2: SUITE 7200 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: (713) 481-7782 MAIL ADDRESS: STREET 1: 600 TRAVIS STREET STREET 2: SUITE 7200 CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: IE PubCo Inc. DATE OF NAME CHANGE: 20210607 10-K 1 crgy-20241231.htm 10-K crgy-20241231 0001866175 FALSE FY 2024 P3Y http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#AccountsPayableAndAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#DerivativeAssetsCurrent http://fasb.org/us-gaap/2024#DerivativeAssetsNoncurrent http://fasb.org/us-gaap/2024#DerivativeLiabilitiesCurrent http://fasb.org/us-gaap/2024#DerivativeLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#DerivativeAssetsCurrent http://fasb.org/us-gaap/2024#DerivativeAssetsNoncurrent http://fasb.org/us-gaap/2024#DerivativeLiabilitiesCurrent http://fasb.org/us-gaap/2024#DerivativeLiabilitiesNoncurrent P1Y http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure iso4217:USD utr:bbl utr:bbl utr:MMBTU iso4217:USD utr:MMBTU crgy:day utr:Mcf crgy:tranche crgy:class crgy:segment utr:Boe 0001866175 2024-01-01 2024-12-31 0001866175 2024-06-30 0001866175 us-gaap:CommonClassAMember 2025-01-31 0001866175 us-gaap:CommonClassBMember 2025-01-31 0001866175 2024-12-31 0001866175 2023-12-31 0001866175 us-gaap:NonrelatedPartyMember 2024-12-31 0001866175 us-gaap:NonrelatedPartyMember 2023-12-31 0001866175 srt:AffiliatedEntityMember 2024-12-31 0001866175 srt:AffiliatedEntityMember 2023-12-31 0001866175 us-gaap:CommonClassAMember 2024-12-31 0001866175 us-gaap:CommonClassAMember 2023-12-31 0001866175 us-gaap:CommonClassBMember 2023-12-31 0001866175 us-gaap:CommonClassBMember 2024-12-31 0001866175 srt:OilReservesMember 2024-01-01 2024-12-31 0001866175 srt:OilReservesMember 2023-01-01 2023-12-31 0001866175 srt:OilReservesMember 2022-01-01 2022-12-31 0001866175 us-gaap:NaturalGasProductionMember 2024-01-01 2024-12-31 0001866175 us-gaap:NaturalGasProductionMember 2023-01-01 2023-12-31 0001866175 us-gaap:NaturalGasProductionMember 2022-01-01 2022-12-31 0001866175 srt:NaturalGasLiquidsReservesMember 2024-01-01 2024-12-31 0001866175 srt:NaturalGasLiquidsReservesMember 2023-01-01 2023-12-31 0001866175 srt:NaturalGasLiquidsReservesMember 2022-01-01 2022-12-31 0001866175 crgy:MidstreamAndOtherMember 2024-01-01 2024-12-31 0001866175 crgy:MidstreamAndOtherMember 2023-01-01 2023-12-31 0001866175 crgy:MidstreamAndOtherMember 2022-01-01 2022-12-31 0001866175 2023-01-01 2023-12-31 0001866175 2022-01-01 2022-12-31 0001866175 us-gaap:CommonClassAMember 2024-01-01 2024-12-31 0001866175 us-gaap:CommonClassAMember 2023-01-01 2023-12-31 0001866175 us-gaap:CommonClassAMember 2022-01-01 2022-12-31 0001866175 us-gaap:CommonClassBMember 2024-01-01 2024-12-31 0001866175 us-gaap:CommonClassBMember 2023-01-01 2023-12-31 0001866175 us-gaap:CommonClassBMember 2022-01-01 2022-12-31 0001866175 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2021-12-31 0001866175 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2021-12-31 0001866175 us-gaap:PreferredStockMembe