John (for Timothy Rezvan)'s questions to Crescent Energy Co (CRGY) leadership • Q1 2025
Question
John, on behalf of Timothy Rezvan, asked about the current status of the Eastern Uinta joint venture, specifically regarding any contractual commitments. He also questioned if the company would consider exceeding its asset sale target for attractive bids.
Answer
Executive John Rynd clarified that there are no ongoing capital commitments associated with the Uinta JV, providing maximum flexibility. Regarding asset sales, he stated that the company views them as a way to create value and that the previously mentioned $250 million pipeline is not a limiter; they will pursue accretive opportunities as they arise.