CRGY Crescent Energy (CRGY) Q2 FY26 earnings call
Crescent Energy delivered a record quarter, driven by strong operational execution and significant synergy capture in the Permian. The company raised production guidance and improved cost outlook, leading to substantial free cash flow generation. Management emphasized continued deleveraging and strategic capital allocation, alongside significant organic resource expansion opportunities across its core basins.
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CRGY operating KPIs by quarter
| KPI | Dec 2025 Q4 FY25 | Mar 2026 Q1 FY26 | This call Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Production | 268K boe/dWe produced 268,000 barrels of oil equivalent per day for the quarter, including 106,000 barrels of oil per day and generated approximately $239 million of levered free cash flow.Source: earnings call transcript | 341K boe/dWe produced a record 341,000 barrels of oil equivalent per day for the quarter, including 140,000 barrels of oil per day and generated $192 million of levered free cash flow.Source: earnings call transcript | ~335K boe/dWe produced approximately 335,000 barrels of oil equivalent per day during the quarter, including approximately 140,000 barrels of oil per day and generated a record $418 million of levered free cash flow.Source: earnings call transcript | — |
| Oil production | 106K bbl/dWe produced 268,000 barrels of oil equivalent per day for the quarter, including 106,000 barrels of oil per day and generated approximately $239 million of levered free cash flow.Source: earnings call transcript | 140K bbl/dWe produced a record 341,000 barrels of oil equivalent per day for the quarter, including 140,000 barrels of oil per day and generated $192 million of levered free cash flow.Source: earnings call transcript | ~140K bbl/dWe produced approximately 335,000 barrels of oil equivalent per day during the quarter, including approximately 140,000 barrels of oil per day and generated a record $418 million of levered free cash flow.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.