Co raised total oil production to 327-335 MBoe/d, from 320 - 335 MBoe/d
The combination of higher expected production and lower operating costs is expected to support incremental free cash flow generation in 2026
Overview
U.S. oil and gas producer's Q2 revenue beat analyst expectations
Adjusted EPS for Q2 exceeded analyst expectations
Key details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$1.39 bln
$1.26 bln (10 Analysts)
Q2 Adjusted EPS
Beat
$0.69
$0.58 (14 Analysts)
Result Drivers
Record Adjusted EBITDAX - The company generated record Adjusted EBITDAX of $798 million, record Operating Cash Flow of $707 million and record Levered Free Cash Flow of $418 million for the period, supported by disciplined capital investment and strong operational execution
Stable production - Co cited significant cash flow from stable production in its balanced portfolio
CRGY•
