Oliver (Unknown Analyst)'s questions to Crescent Energy Co (CRGY) leadership • Q1 2025
Question
An unknown analyst, addressed as Oliver, inquired about Crescent's capital allocation strategy between its oily and gassy assets in the current commodity price environment. He also asked for guidance on the trajectory of oil volumes and CapEx for the remainder of the year.
Answer
CEO David Rockecharlie emphasized that capital allocation is driven by returns and that the company is well-positioned with a diverse inventory to remain flexible. Executive Brandi Kendall added that oil production is expected to increase by low to mid-single digits quarter-over-quarter, with the full-year oil cut remaining around 40-41%. She noted that Q2 would be the highest capital quarter due to timing shifts from Q1, but the full-year guidance remains unchanged.