Crescent Energy Company (CRGY) Issues Initial 2022 Guidance

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Go back to Crescent Energy Company (CRGY) Issues Initial 2022 Guidance

Crescent Energy Provides Initial 2022 Guidance

January 20, 2022 6:55 AM EST

Year-End 2021 Proved Reserves Total 532 MMBoe with $5.2 Billion SEC PV-10

HOUSTON--(BUSINESS WIRE)-- Crescent Energy Company (NYSE: CRGY) today provided initial 2022 guidance and an updated corporate presentation in conjunction with scheduled analyst and investor meetings. In addition, the Company disclosed its year-end 2021 proved reserves. Complete fourth quarter and year-end 2021 financial and operating results are currently scheduled for release in early March 2022.

Highlights:

Significant Free Cash Flow: Anticipate delivering $800 $850 million of Adjusted EBITDAX and... More