Crescent Energy CRGY Business Segments — Impairment expense
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Where this comes from
Reported directly by Crescent Energy in its filing.
Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.
The official record: Crescent Energy’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Crescent Energy's business segments — impairment expense?
- Crescent Energy (CRGY) reported business segments — impairment expense of $0 in Q1 2026.
- How has Crescent Energy's business segments — impairment expense changed year-over-year?
- Crescent Energy's business segments — impairment expense decreased by 100.0% year-over-year, from $45.65M to $0.
- What does business segments — impairment expense mean?
- This metric represents the reduction in the carrying value of oil and gas properties when the estimated future cash flows are no longer sufficient to recover the capitalized costs. It serves as a risk indicator regarding the economic viability of the segment's asset portfolio under current market conditions. Frequent or large impairments may signal overvaluation of assets or adverse shifts in commodity price outlooks.