Crescent Energy Co balance sheet
At the end of fiscal 2025, Crescent Energy Co had total assets of $12.44bn, total liabilities of $7.28bn and shareholders' equity of $5.17bn. It held $10.2m in cash against $5.52bn of debt: net debt of $5.51bn.
Balance sheet
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 |
| Receivables | — | 0.1 | 0.3 | 0.5 | — | — | — | — |
| Total current assets | — | 0.2 | 0.5 | 0.5 | 0.6 | 0.8 | 1.9 | 0.9 |
| Goodwill | — | 0.0 | 0.1 | 0.0 | 0.0 | — | — | — |
| Total assets | — | 3.9 | 5.2 | 6.0 | 6.8 | 9.2 | 12.4 | 11.8 |
| Accounts payable | — | 0.0 | 0.1 | 0.1 | 0.1 | — | — | — |
| Total current liabilities | — | 0.1 | 0.6 | 0.9 | 0.8 | 0.8 | 1.3 | 1.4 |
| Long-term debt | — | 0.8 | 1.0 | 1.2 | 1.7 | 3.0 | 5.5 | 4.7 |
| Total debt | 0.0 | 0.8 | 1.0 | 1.2 | 1.7 | 3.0 | 5.5 | 4.7 |
| Total liabilities | — | 1.0 | 2.1 | 2.7 | 3.2 | 4.8 | 7.3 | 6.6 |
| Shareholders' equity | — | — | 0.7 | 0.9 | 1.7 | 3.1 | 5.2 | 5.1 |
| Non-controlling interests and other (assets − liabilities − equity) | — | — | 2.3 | 2.4 | 1.9 | 1.2 | — | — |
| Net debt (negative = net cash) | −0.0 | 0.7 | 0.9 | 1.2 | 1.7 | 2.9 | 5.5 | 4.7 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 0.8 | 0.7 | 0.8 | 0.7 | 1.9 | 0.9 | 1.1 | 0.9 |
| Total assets | 9.2 | 9.9 | 9.9 | 9.7 | 12.4 | 12.0 | 12.0 | 11.8 |
| Total current liabilities | 0.8 | 0.9 | 0.9 | 0.9 | 1.3 | 1.6 | 1.2 | 1.4 |
| Long-term debt | 3.0 | 3.6 | 3.4 | 3.2 | 5.5 | 5.2 | 5.2 | 4.7 |
| Total debt | 3.0 | 3.6 | 3.4 | 3.2 | 5.5 | 5.2 | 5.2 | 4.7 |
| Total liabilities | 4.8 | 5.4 | 5.4 | 5.2 | 7.3 | 7.3 | 6.8 | 6.6 |
| Shareholders' equity | 3.1 | 3.3 | 4.5 | 4.5 | 5.2 | 4.7 | 5.2 | 5.1 |
| Non-controlling interests and other (assets − liabilities − equity) | 1.2 | 1.2 | — | — | — | — | — | — |
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