Crescent Energy Co (CRGY) Form 8-K — Oct 15, 2026
Crescent Energy (NYSE: CRGY) entered the Sixteenth Amendment to its credit agreement on October 14, 2026, maintaining aggregate elected commitments at $2.0 billion. The amendment permits an up to $2.0 billion 364-day unsecured bridge facility to help fund the previously announced acquisition of Eagle Ford assets from Devon Energy, plus pari passu term loan capacity and a $1.0 billion debt carve-out that avoids borrowing base reductions. In a separate Item 2.02 disclosure, Crescent expects to report approximately $144 million of cash paid on commodity derivatives in Q3 2026 and $383 million for the nine months ended September 30, 2026.
Key figures
- Debt Amount
- up to $2.0 billion 364-day unsecured bridge credit facility; $1.0 billion additional debt carve-out
- Shares Outstanding
- 0
- Net cash paid derivatives 9m
- $(504) million
- Net cash paid derivatives q3
- $(160) million
- Q3 2026 derivative cash paid
- $144 million
- Aggregate elected commitments
- $2.0 billion
- Aggregate maximum credit amount
- $6.0 billion
- Ridgemar earn out settlement 9m
- $(35) million
- Ridgemar earn out settlement q3
- $(17) million
- Acquired derivative settlements 9m
- $156 million
- Acquired derivative settlements q3
- $33 million
- Nine month 2026 derivative cash paid
- $383 million
AI analysis
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