Crescent Energy reports $40M cash paid on Q1 derivative settlements, offset by merger gains

Filed April 9, 2026 · Period ending April 9, 2026 · ~1 min read

Key Changes

• medium

  Company paid $101M net on commodity derivatives in Q1 2026, but received $61M from contracts acquired in SilverBow and Vital mergers, resulting in $40M total cash outflow. Figures are preliminary and subject to revision in the Q1 10-Q.

  Item 7.01 view on EDGAR →
• medium

  Acquired derivative settlements of $61M will boost Adjusted EBITDAX and appear as positive cash flow adjustments, improving non-GAAP metrics despite the net cash paid position.

  Item 7.01 view on EDGAR →
• low

  Separate $15M earn-out payment for Ridgemar Acquisition excluded from derivative settlement totals, representing additional cash outflow not captured in the $40M figure.

  Item 7.01 view on EDGAR →