CRGY — what changed in the latest 10-Q
A section-by-section comparison of CRGY's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-03 vs the prior 10-Q · 2026-05-04
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +67 | −28 | ~66 | 37 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~4 | 8 |
| Controls & procedures | Text added/removed | 0 | 0 | ~3 | 1 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | Text added/removed | 0 | 0 | ~1 | 8 |
| Other information | Text added/removed | 0 | −3 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-03
During 2025, we sold non-core assets as part of our 2025 non-core asset divestiture program for total consideration in excess of $900.0 million. During the three and six months ended June 30, 2026, we received $11.5 million in additional net cash proceeds and recorded a gain of $13.6 million as part…
During the six months ended June 30, 2025, we sold non-core assets to unrelated third-party buyers for $11.1 million in aggregate net cash proceeds and recorded a gain of $1.9 million and $12.8 million on the sale of such assets for the three and six months ended June 30, 2025, respectively.
Total consolidated sales volumes increased 6,557 MBoe and increased 13,995 MBoe during the three and six months ended June 30, 2026, respectively, compared to the three and six months ended June 30, 2025. Our Working interest sales volumes increased 5,915 MBoe and increased 12,903 MBoe during the th…
(1) The realized price presented above does not include $62.1 million or $122.6 million received from the settlement of acquired oil, gas and NGL derivative contracts for the three and six months ended June 30, 2026, respectively, and does not include $17.0 million or $34.9 million received from the…
Three Months Ended June 30, 2026 Compared to Three Months Ended June 30, 2025
Text removed vs the prior filing · source: 10-Q · 2026-05-04
During the three months ended March 31, 2026, we sold non-core assets to unrelated third-party buyers for $1.2 million in aggregate net cash proceeds and recorded a loss of $2.9 million on the sale of such assets.
CEC is a holding company and its sole material asset is OpCo Units. OpCo is a partnership and is generally not subject to U.S. federal and certain state taxes. Crescent is subject to U.S. federal and certain state taxes on its allocable share of any taxable income of OpCo. Our effective tax rate for…
Total consolidated sales volumes increased 7,438 MBoe during the three months ended March 31, 2026, compared to the three months ended March 31, 2025. Our Working interest sales volumes increased 6,988 MBoe, primarily due to the Vital Energy Merger and our Minerals and royalties sales volumes increa…
Realized price (excluding derivative settlements)$18.05 $25.43
(1) The realized price presented above does not include $60.6 million received from the settlement of acquired oil, gas and NGL derivative contracts for the three months ended March 31, 2026, and does not include $17.9 million received from the settlement of acquired oil, gas and NGL derivative cont…
Other information
Text removed vs the prior filing · source: 10-Q · 2026-05-04
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On May 4, 2026, Ms. Bevin Brown provided the Company with notice of her decision not to seek reappointment to the Board of Directors, effective May 4, 2026. Ms. Brown’s departure was not the result of any dispute or disagreement with the Company or any member of our Board of Directors or senior mana…
On May 4, 2026, Independence Energy Aggregator L.P., by a written consent as the sole holder of Series I preferred stock of the Company, fixed the size of the Board of Directors to eleven directors and elected David C. Rockecharlie, Brandi Kendall, John C. Goff, Robert G. Gwin, Claire S. Farley, Con…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice