• Crescent Energy posted a net loss of $419.18 million for quarter ended March 31, 2026, swinging from profit, as revenue rose 24% to $1.18 billion.
• Adjusted EBITDAX increased 30% to $689.73 million, while levered free cash flow fell 21% to $191.84 million.
• Total expenses climbed 10% to $855.34 million, while interest expense increased 43% to $104.57 million.
• Net sales volumes rose 32% to 30,655 MBoe, lifting oil revenue 44% to $893.32 million even as natural gas revenue dropped 16% to $158.37 million.
• March capital markets moves included issuance of $690 million 2.750% Convertible Senior Notes due 2031, redemption of all 2028 Notes triggering $17.4 million loss on extinguishment, and repurchase of $39.1 million of 2029 Notes.

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 via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001866175-26-000090), on May 04, 2026, and is solely responsible for the information contained therein.