Crescent Energy Co. CRGY

What this company does

Crescent Energy Company holds working interests in a portfolio of onshore oil and natural gas assets, with an acreage position that was approximately 96% held by production as of December 31, 2025. As of December 31, 2025, its portfolio of assets consisted of 975.5 net MMBoe of proved reserves, of which approximately 61% were liquids, and it produced 260 net MBoe/d during the year. The company is party to a Management Agreement under which the Manager, an indirect subsidiary of the KKR Group, provides management and investment advisory services to the company and its subsidiaries. Its activities are focused in the Eagle Ford, Permian and Uinta Basins, where it also owns mineral and royalty interests in U.S. oil and natural gas basins operated primarily by other companies. As of December 31, 2025, it had approximately 1,066 employees who dedicate all or substantially all of their time to its business. In 2025, Shell Trading US Company accounted for 21.4% of the company's total revenues from oil and natural gas sales.

Written from the business description in Crescent Energy Company's annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.