February 2022 (NYSE: CRGY) Accretive Uinta Basin Acquisition Expands Rockies Asset Base Operated Oil Production + Future Development Opportunity CRESCENT ENERGY
Highly Accretive Acquisition Consistent With Our Strategy Crescent Energy Announces Highly Accretive Acquisition of High-Margin Oil Assets in the Uinta Basin from Verdun Oil Company (who previously agreed to acquire the assets from EP…
Scaling Our Business At An Attractive Valuation Acquisition of Uinta Assets…
Enhancing Our Asset Portfolio Improving Our Portfolio and Strengthening Our Cash Flow Base Through Strategic Acquisition in Our Rockies Region Crescent Pro Forma Standalone Crescent(1) Maintaining Our Low Decline Rate 17% 21%…
Attractive Assets with Proven Reinvestment Potential Scaled position in the oil window across Duchesne & Uintah counties, Utah High-margin oil production with low operating costs and substantial cash flow 85% of 2022E Adj.…
Updated Crescent Energy Guidance in Millions 75 / Bbl WTI and 3.75 / MMbtu Henry Hub 2022 Pro Forma Crescent Guidance Annualized CRGY Standalone Pro Forma CRGY Pro Forma Full Year 2022 (9 Months of Uinta Acquisition) Midpoint(3)…
Status Quo vs. Pro Forma Capitalization Operated Rockies Acquisition Adding Meaningful Scale to Our Business Crescent Capitalization Impact ( in Millions, unless noted) Status Quo Pro Forma (1) (2) Crescent Energy Crescent Energy…
Pro Forma Crescent Energy Scaled Asset Base Low-Decline Production (2022E Production - Mboe/d Ann. Guidance) (2022E Base PDP Decline %) 400 50% 350 40% 300 250 30% 200 21% 148 17% 150 20% 119 100 10% 50 - 0% 1 2 3 4 PF 5…
Stay Connected. Emily Newport IRcrescentenergyco.com 600 Travis Street Suite 7200 Houston, Texas 77002 + 1 (713) 332-7001 www.crescentenergyco.com
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