Crescent Energy Co(US:CRGY)2025-08-05 15:00Financial Performance - Crescent Energy's Q2 2025 Adjusted EBITDAX was approximately $514 million[17] - The company generated approximately $171 million in Levered Free Cash Flow during Q2 2025[17] - Crescent Energy repurchased approximately $28 million of shares at an average price of $788 per share during Q2 2025[13] - The company has ~$110 million of non-core divestitures YTD[15] Production and Operations - Q2 2025 production averaged approximately 263 Mboe/d, with approximately 41% oil and approximately 59% liquids[17] - Eagle Ford net production was approximately 173 Mboe/d with approximately 42% oil[33] - Uinta net production was approximately 23 Mboe/d with approximately 62% oil[39] - Drilling and completions efficiency gains of ~15% and ~33%, respectively, since 2023 in Eagle Ford[34] Outlook and Strategy - Capital Expenditures are expected to be between $910 million and $990 million for FY'25[20, 64] - Cash taxes are now projected to be 0% of Adjusted EBITDAX for FY'25, a decrease from the prior outlook of 20%-50%[20, 64] - The company closed acquisition of minerals and royalty assets for ~$72 million[15, 46]