Question 1

What is Crescent Energy's business segments — impairment expense?

Accepted Answer

Crescent Energy (CRGY) reported business segments — impairment expense of $0 in Q1 2026.

Question 2

How has Crescent Energy's business segments — impairment expense changed year-over-year?

Accepted Answer

Crescent Energy's business segments — impairment expense decreased by 100.0% year-over-year, from $45.65M to $0.

Question 3

What does business segments — impairment expense mean?

Accepted Answer

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.

Line item	Three Months Ended March 31, 2026	Three Months Ended March 31, 2025
Gathering, processing and transportation	102,075	105,287
Production and other taxes	55,699	60,381
Depreciation, depletion and amortization	354,125	282,573
Impairment expense	—	45,647
Midstream and other operating expense	6,746	29,816
General and administrative expense excluding equity-based compensation	38,300	30,132
Equity-based compensation expense	24,500	26,638
Interest expense	104,574	73,182

Similar metrics at other companies

Other financials

Income statement

Balance sheet

Cash flow

Valuation

Profitability

Returns & leverage

Where this comes from

FAQ

Ask your AI about Crescent Energy's business segments — impairment expense.

Crescent Energy CRGY Business Segments — Impairment expense