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Form 8-K

sec.gov

8-K — Crescent Energy Co

Accession: 0001866175-26-000095

Filed: 2026-05-22

Period: 2026-05-18

CIK: 0001866175

SIC: 1311 (CRUDE PETROLEUM & NATURAL GAS)

Item: Entry into a Material Definitive Agreement

Item: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

Item: Financial Statements and Exhibits

Documents

8-K — crgy-20260518.htm (Primary)

EX-10.1 (exhibit101-crescentenergyf.htm)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: crgy-20260518.htm · Sequence: 1

crgy-20260518

0001866175FALSE00018661752026-05-182026-05-18

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): May 18, 2026

Crescent Energy Company

(Exact Name of Registrant As Specified in Its Charter)

Delaware

001-41132

87-1133610

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

600 Travis Street, Suite 7200

Houston, Texas

77002

(Address of Principal Executive Offices)

(Zip Code)

(713) 332-7001

Registrant’s Telephone Number, Including Area Code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communication pursuant to Rule 425 under the Securities Act of 1933 (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Securities Exchange Act of 1934 (17 CFR 240.14a-12)

Pre-commencement communication pursuant to Rule 14d-2(b) under the Securities Exchange Act of 1934 (17 CFR 240.14d-2(b))

Pre-commencement communication pursuant to Rule 13e-4(c) under the Securities Exchange Act of 1934 (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

Title of Each Class

Trading Symbol(s)

Name of Each Exchange on Which Registered

Class A Common Stock, par value $0.0001 per share

CRGY

The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Securities Exchange Act of 1934. ☐

Item 1.01.    Entry into a Material Definitive Agreement.

On May 18, 2026, Crescent Energy Finance LLC, a Delaware limited liability company (“Crescent Finance”) and a wholly owned subsidiary of Crescent Energy Company (NYSE: CRGY) (“Crescent”), entered into that certain Fifteenth Amendment to Credit Agreement (the “Credit Agreement Amendment”), which amended Crescent’s existing Credit Agreement, dated as of May 6, 2021 (as amended by the First Amendment to Credit Agreement, dated as of September 24, 2021, the Second Amendment to Credit Agreement, dated as of March 30, 2022, the Third Amendment to Credit Agreement, dated as of March 30, 2022, the Fourth Amendment to Credit Agreement, dated as of September 23, 2022, the Fifth Amendment to Credit Agreement, dated as of July 3, 2023, the Sixth Amendment to Credit Agreement, dated as of December 13, 2023, the Seventh Amendment to Credit Agreement, dated as of April 10, 2024, the Eighth Amendment to Credit Agreement, dated as of May 24, 2024, the Ninth Amendment to Credit Agreement, dated as of June 14, 2024, the Tenth Amendment to Credit Agreement, dated as of July 30, 2024, the Eleventh Amendment to Credit Agreement, dated as of December 17, 2024, the Twelfth Amendment to Credit Agreement, dated as of May 2, 2025, the Thirteenth Amendment to Credit Agreement, dated as of October 22, 2025, and the Fourteenth Amendment to Credit Agreement, dated as of February 23, 2026, and as further amended, modified, supplemented or restated from time to time, the “Credit Agreement”), by and among Crescent Finance, certain subsidiaries of Crescent Finance, as guarantors, Wells Fargo Bank, National Association, as administrative agent, collateral agent and a letter of credit issuer, and the other lenders and letter of credit issuers party thereto from time to time. Among other things, the Credit Agreement Amendment (i) provides for a decrease in the borrowing base from $3.9 billion to $3.5 billion, which constitutes the April 1, 2026 scheduled redetermination, (ii) provides for an extension of the maturity date for any revolving loans to May 19, 2031 from October 22, 2030 and (iii) provides that the incurrence of up to $600.0 million of certain additional indebtedness during the period beginning on May 18, 2026 and ending on the scheduled redetermination date for the October 1, 2026 scheduled redetermination will be excluded from the requirement for the borrowing base to be reduced by 0.25x of the principal amount of such new debt incurrences, so long as such debt is incurred during such period and does not exceed the $600.0 million aggregate threshold. The Credit Agreement Amendment maintains the aggregate elected commitments at $2.0 billion.

The foregoing description of the Credit Agreement Amendment does not purport to be complete and is qualified in its entirety by reference to the text of the Credit Agreement Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated into this Item 1.01 by reference.

Item 2.03.    Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth under Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.

Item 9.01.    Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

Description

10.1*

Fifteenth Amendment to Credit Agreement, dated May 18, 2026, by and among Crescent Energy Finance LLC, certain subsidiaries of Crescent Energy Finance LLC, as guarantors, Wells Fargo Bank, National Association, as administrative agent, collateral agent and a letter of credit issuer, and the other lenders and letter of credit issuers party thereto.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

* Certain of the schedules and exhibits to the agreement have been omitted pursuant to Item 601(a)(5) of Regulation S-K. A copy of any omitted schedule or exhibit will be furnished to the U.S. Securities and Exchange Commission upon request.

2

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CRESCENT ENERGY COMPANY

Date: May 22, 2026

By:

/s/ Bo Shi

Name:

Bo Shi

Title:

General Counsel

3

EX-10.1

EX-10.1

Filename: exhibit101-crescentenergyf.htm · Sequence: 2

Document

Exhibit 10.1

Fifteenth Amendment to Credit Agreement

This Fifteenth Amendment to Credit Agreement (this “Fifteenth Amendment”) dated as of May 18, 2026, is among Crescent Energy Finance LLC, a Delaware limited liability company (the “Borrower”); each of the undersigned Guarantors (collectively with the Borrower, the “Obligors”); Wells Fargo Bank, National Association, as administrative agent for the Lenders (in such capacity, together with its successors, the “Administrative Agent”), Collateral Agent and a Letter of Credit Issuer; and the Lenders signatory hereto.

Recitals

A.    The Borrower, the Administrative Agent, the Collateral Agent, the Letter of Credit Issuers and the Lenders are parties to that certain Credit Agreement dated as of May 6, 2021 (as amended by the First Amendment to Credit Agreement, dated as of September 24, 2021, the Second Amendment to Credit Agreement, dated as of March 30, 2022, the Third Amendment to Credit Agreement, dated as of March 30, 2022, the Fourth Amendment to Credit Agreement, dated as of September 23, 2022, the Fifth Amendment to Credit Agreement, dated as of July 3, 2023, the Sixth Amendment to Credit Agreement, dated as of December 13, 2023, the Seventh Amendment to Credit Agreement, dated as of April 10, 2024, the Eighth Amendment to Credit Agreement, dated as of May 24, 2024, the Ninth Amendment to Credit Agreement, dated as of June 14, 2024, the Tenth Amendment to Credit Agreement, dated as of July 30, 2024, the Eleventh Amendment to Credit Agreement, dated as of December 17, 2024, the Twelfth Amendment to Credit Agreement, dated as of May 2, 2025, the Thirteenth Amendment to Credit Agreement, dated as of October 22, 2025, and the Fourteenth Amendment to Credit Agreement, dated as of February 23, 2026, and as further amended, modified, supplemented or restated from time to time prior to the date hereof, the “Credit Agreement”), pursuant to which the Lenders have made certain credit available to and on behalf of the Borrower.

B.    The Borrower, the Administrative Agent and the Lenders party hereto (which constitute all of the Lenders) have agreed to amend certain provisions of the Credit Agreement as more fully set forth herein.

NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

Section 1.Defined Terms. Each capitalized term which is defined in the Credit Agreement, but which is not defined in this Fifteenth Amendment, shall have the meaning ascribed such term in the Credit Agreement. Unless otherwise indicated, all section, exhibit and schedule references in this Fifteenth Amendment refer to sections, exhibits and schedules of the Credit Agreement.

Section 2.Amendments to the Credit Agreement on the Fifteenth Amendment Effective Date. Subject to the conditions precedent contained in Section 3 hereof, effective as of

the Fifteenth Amendment Effective Date, the Credit Agreement shall be amended effective as of the Fifteenth Amendment Effective Date in the manner provided in this Section 2.

2.1Amendments to Section 1.1.

(a)Each of the following definitions is hereby amended and restated in its entirety to read as follows:

“Aggregate Elected Commitment Amount” means the sum of the Elected Commitment Amounts of all of the Lenders. The Aggregate Elected Commitment Amount as of the Fifteenth Amendment Effective Date is $2,000,000,000.

“Aggregate Maximum Credit Amount” at any time shall equal the sum of the Maximum Credit Amounts, as the same may be increased, reduced or terminated from time to time in connection with an optional increase of the Aggregate Maximum Credit Amount pursuant to Section 2.16(a) or a termination or reduction of the Aggregate Maximum Credit Amount pursuant to Section 4.2. The Aggregate Maximum Credit Amount as of the Fifteenth Amendment Effective Date is $6,000,000,000.

“Agreement” shall mean this Credit Agreement, as amended by the First Amendment, the Second Amendment, the Third Amendment, the Fourth Amendment, the Fifth Amendment, the Sixth Amendment, the Seventh Amendment, the Eighth Amendment, the Ninth Amendment, the Tenth Amendment, the Eleventh Amendment, the Twelfth Amendment, the Thirteenth Amendment, the Fourteenth Amendment and the Fifteenth Amendment, as the same may from time to time be amended, restated, amended and restated, supplemented or otherwise modified.

“Elected Commitment Amount” shall mean, (a) with respect to each Revolving Lender as of the Fifteenth Amendment Effective Date, the amount set forth opposite such Revolving Lender’s name on Schedule 1.1(a) as such Revolving Lender’s “Elected Commitment Amount” and (b) in the case of any Person that becomes a Revolving Lender after the Fifteenth Amendment Effective Date, the amount specified as such Revolving Lender’s “Elected Commitment Amount” in the Assignment and Acceptance or in the Incremental Agreement pursuant to which such Revolving Lender assumed a portion of the Total Revolving Commitment, in each case as the same may be changed from time to time pursuant to the terms of this Agreement.

“Initial Maturity Date” shall mean the fifth anniversary of the Fifteenth Amendment Effective Date, or, if such anniversary is not a Business Day, the Business Day immediately following such anniversary.

Page 2

“Revolving Lenders” shall mean the Persons listed as “Revolving Lenders” on Schedule 1.1(a) as of the Fifteenth Amendment Effective Date, and any other Person that shall have become a party hereto with a Revolving Commitment and/or any Revolving Loan pursuant to Section 2.16 or pursuant to an Assignment and Acceptance, other than any such Person that ceases to be a party hereto with a Revolving Commitment and/or any Revolving Loan pursuant to an Assignment and Acceptance.

“Specified Existing Notes” shall mean, the 7.750% Specified Crescent Notes and the 9.750% Specified Crescent Notes.

(b)Each of the following definitions is hereby added where alphabetically appropriate to read as follows:

“7.750% Specified Crescent Notes” means the 7.750% senior notes due 2029 outstanding on the Fifteenth Amendment Effective Date issued pursuant to that certain Indenture, dated as of January 2, 2026, among Crescent Energy Finance LLC, the guarantors named therein, and U.S. Bank Trust Company, National Association, as trustee (as amended or supplemented from time to time).

“9.750% Specified Crescent Notes” means the 9.750% senior notes due 2030 outstanding on the Fifteenth Amendment Effective Date issued pursuant to that certain Indenture, dated as of January 2, 2026, among Crescent Energy Finance LLC, the guarantors named therein, and U.S. Bank Trust Company, National Association, as trustee (as amended or supplemented from time to time).

“Fifteenth Amendment” shall mean that certain Fifteenth Amendment to Credit Agreement, dated as of May 18, 2026, among the Borrower, the Guarantors party thereto, the Administrative Agent and the Lenders party thereto.

“Fifteenth Amendment Effective Date” has the meaning assigned to such term in the Fifteenth Amendment.

(c)Each of the defined terms “9.250% Specified Existing Notes” and “9.250% Specified Existing Notes Indenture” is hereby deleted in its entirety.

2.2Amendment to Section 2.14(a). Section 2.14(a) is hereby amended and restated in its entirety to read as follows:

(a)Fifteenth Amendment Borrowing Base. For the period from and including the Fifteenth Amendment Effective Date to but excluding the first Redetermination Date to occur thereafter, the amount of the Borrowing Base shall be equal to $3,500,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to adjustments from time to time pursuant to the Borrowing Base Adjustment Provisions. For purposes of this Agreement the determination of the

Page 3

Borrowing Base on the Fifteenth Amendment Effective Date shall constitute the April 1, 2026 Scheduled Redetermination.

2.3Amendment to Section 2.14(e). Section 2.14(e) is hereby amended by replacing the phrase “(y) Permitted Additional Debt or Permitted Junior Lien Debt issued during the period commencing on the Thirteenth Amendment Effective Date and ending on the Scheduled Redetermination Date for the April 1, 2026 Scheduled Redetermination, in an aggregate principal amount of up to $600,000,000” contained therein with the phrase “(y) Permitted Additional Debt or Permitted Junior Lien Debt issued during the period commencing on the Fifteenth Amendment Effective Date and ending on the Scheduled Redetermination Date for the October 1, 2026 Scheduled Redetermination, in an aggregate principal amount of up to $600,000,000”.

2.4Amendment to Section 10.5(i). Section 10.5(i) is hereby amended by replacing the reference to “2.75” contained therein with “3.00”.

2.5Amendment to Section 10.6(i). Section 10.6(i) is hereby amended by replacing the reference to “2.50” contained therein with “3.00”.

2.6Amendment to Schedule 1.1(a). Schedule 1.1(a) is hereby amended and restated in its entirety to read as set forth on Schedule 1.1(a) to this Fifteenth Amendment.

Section 3.Conditions Precedent to Fifteenth Amendment Effective Date. This Fifteenth Amendment shall become effective on the date (such date, the “Fifteenth Amendment Effective Date”) when each of the following conditions is satisfied (or waived in accordance with Section 13.1):

3.1Amendment. The Administrative Agent shall have received from each Lender, the Administrative Agent, the Collateral Agent, each Letter of Credit Issuer and each Obligor counterparts (in such number as may be reasonably requested by the Administrative Agent) of this Fifteenth Amendment signed on behalf of such Persons.

3.2Fees and Expenses. The Administrative Agent and the Lenders shall have received all fees and other amounts due and payable on or prior to the Fifteenth Amendment Effective Date, including (to the extent invoiced at least three (3) Business Days prior), reimbursement or payment of all reasonable and documented out-of-pocket expenses required to be reimbursed or paid by the Borrower under the Credit Agreement.

3.3Legal Opinion. The Administrative Agent shall have received the executed legal opinion of Kirkland & Ellis LLP, New York counsel to the Borrower, addressed to the Administrative Agent and the Lenders, in form and substance reasonably satisfactory to the Administrative Agent.

3.4Closing Certificates.    The Administrative Agent shall have received a certificate of each Credit Party, dated the Fifteenth Amendment Effective Date, substantially in the form of Exhibit L, with appropriate insertions, executed by an Authorized Officer of each

Page 4

Credit Party, and certifying as to the documents referred to in Section 3.5(a)-(c) of this Fifteenth Amendment.

3.5Authorization of Proceedings of Each Credit Party; Organizational Documents. The Administrative Agent shall have received (a) a copy of the resolutions, in form and substance reasonably satisfactory to the Administrative Agent, of the board of directors or managers of each Credit Party (or a duly authorized committee thereof) authorizing (i) the execution, delivery and performance of the Credit Documents (and any agreements relating thereto) to which it is a party and (ii) in the case of the Borrower, the extensions of credit contemplated hereunder, (b) true and complete copies of each of the organizational documents of each Credit Party, (c) certifications as to the incumbency and specimen signature of each officer executing any Credit Document and (d) certificates of the appropriate State agencies (or other customary evidence) with respect to the existence, qualification and good standing (as applicable in each such jurisdiction) of each Credit Party in each jurisdiction where any such Credit Party is organized.

3.6Promissory Notes. The Administrative Agent shall have received duly executed promissory notes payable to each Lender requesting a promissory note in a principal amount equal to its Maximum Credit Amount each dated as of the date hereof.

3.7No Event of Default. After giving effect to the terms of this Fifteenth Amendment, no Event of Default shall have occurred and be continuing as of the Fifteenth Amendment Effective Date.

The Administrative Agent is hereby authorized and directed to declare the Fifteenth Amendment Effective Date to have occurred when it has received documents confirming or certifying, to the satisfaction of the Administrative Agent, compliance with the conditions set forth in this Section 3 or the waiver of such conditions as permitted in Section 13.1 of the Credit Agreement. Such declaration shall be final, conclusive and binding upon all parties to the Credit Agreement for all purposes. For purposes of determining compliance with the conditions specified in this Section 3, each Lender that has signed this Fifteenth Amendment shall be deemed to have consented to, approved or accepted, or to be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to such Lender.

Section 4.Miscellaneous.

4.1Confirmation.  The provisions of the Credit Agreement, as amended by this Fifteenth Amendment, shall remain in full force and effect following the Fifteenth Amendment Effective Date.

4.2Ratification and Affirmation; Representations and Warranties.  Each of the Borrower and the Guarantors hereby: (a) acknowledges the terms of this Fifteenth Amendment; (b) ratifies and affirms its obligations under, and acknowledges its continued liability under, each Credit Document to which it is a party and agrees that each such Credit Document remains in full force and effect as expressly amended hereby; (c) agrees that from and after the date hereof, each

Page 5

reference to the Credit Agreement in the other Credit Documents shall be deemed to be a reference to the Credit Agreement, as amended by this Fifteenth Amendment; and (d) represents and warrants to the Lenders that as of the date hereof, after giving effect to the terms of this Fifteenth Amendment: (i) the representations and warranties set forth in each Credit Document to which it is a party are true and correct in all material respects (except where such representations and warranties expressly relate to an earlier date, in which case such representations and warranties shall have been true and correct in all material respects as of such earlier date), provided that such representations shall be true and correct in all respects to the extent already qualified by materiality, and (ii) no Event of Default has occurred and is continuing.

4.3Counterparts.  This Fifteenth Amendment may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. Each party hereto agrees that any Electronic Signature or execution in the form of an Electronic Record shall be valid and binding on itself and each of the other parties hereto to the same extent as a manual, original signature.

4.4No Oral Agreement.  This Fifteenth Amendment and the other Credit Documents represent the agreement of the Borrower, the Guarantors, the Collateral Agent, the Administrative Agent and the Lenders party hereto with respect to the subject matter hereof and thereof, and there are no promises, undertakings, representations or warranties by the Borrower, the Guarantors, any Agent nor any Lender party hereto relative to the subject matter hereof not expressly set forth or referred to herein or in the other Credit Documents.

4.5GOVERNING LAW.  THIS FIFTEENTH AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

4.6Severability.  Any provision of this Fifteenth Amendment that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

4.7Successors and Assigns.  This Fifteenth Amendment shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.

4.8Credit Document. This Fifteenth Amendment is a “Credit Document” as defined and described in the Credit Agreement, and all of the terms and provisions of the Credit Agreement relating to Credit Documents shall apply hereto.

[Signature Pages Follow]

Page 6

IN WITNESS WHEREOF, the parties hereto have caused this Fifteenth Amendment to be duly executed.

BORROWER:

CRESCENT ENERGY FINANCE LLC

By: /s/ Brandi Kendall

Name: Brandi Kendall

Title: Vice President

GUARANTORS:

INDEPENDENCE UPSTREAM HOLDINGS GP LLC

COLT ADMIRAL A HOLDING GP LLC

CRESCENT CONVENTIONAL LLC

CMP VENTURE CO. LLC

CRESCENT GLADIATOR LLC

CRESCENT ENERGY MIDLAND SERVICES LLC

CRESCENT (EAGLE FORD) LLC

JAVELIN EF GP LLC

JAVELIN OIL & GAS, LLC

CRESCENT PALO VERDE GP LLC

By: /s/ Brandi Kendall

Name: Brandi Kendall

Title: Vice President

INDEPENDENCE UPSTREAM HOLDINGS L.P.

By: Independence Upstream Holdings GP LLC, its general partner

By: /s/ Brandi Kendall

Name: Brandi Kendall

Title: Vice President

[Signature Page to Crescent Energy Finance, LLC – Fifteenth Amendment to Credit Agreement]

TITAN ENERGY HOLDINGS L.P.

By: Colt Admiral A Holding GP LLC, its general partner

By: /s/ Brandi Kendall

Name: Brandi Kendall

Title: Vice President

COLT ADMIRAL A HOLDING L.P.

By: Colt Admiral A Holding GP LLC, its general partner

By: /s/ Brandi Kendall

Name: Brandi Kendall

Title: Vice President

BRIDGE ENERGY LLC

BRIDGE ENERGY HOLDINGS LLC

SPRINGFIELD GS HOLDINGS LLC

CRESCENT EFA GP LLC

JAVELIN VENTURECO, LLC

CONTANGO CRESCENT RENEE LLC

By: /s/ Brandi Kendall

Name: Brandi Kendall

Title: Authorized Person

[Signature Page to Crescent Energy Finance, LLC – Fifteenth Amendment to Credit Agreement]

CRESCENT EFA HOLDINGS LLC

By: JAVELIN OIL & GAS, LLC, its sole member

By: /s/ Brandi Kendall

Name: Brandi Kendall

Title: Vice President

JAVELIN EF L.P.

By: Javelin EF GP LLC, its general partner

By: /s/ Brandi Kendall

Name: Brandi Kendall

Title: Vice President

CRESCENT PALO VERDE LP

By: Crescent Palo Verde GP LLC, its general partner

By: /s/ Brandi Kendall

Name: Brandi Kendall

Title: Vice President

CRESCENT EF AGGREGATOR L.P.

NEWARK C-I HOLDING L.P.

CRESCENT PALO VERDE AGGREGATOR L.P.

By: Crescent EFA GP LLC, its general partner

By: /s/ Brandi Kendall

Name: Brandi Kendall

Title: Authorized Person

[Signature Page to Crescent Energy Finance, LLC – Fifteenth Amendment to Credit Agreement]

INDEPENDENCE UPSTREAM L.P.

By: Independence Upstream GP LLC, its general partner

By: Independence Upstream Holdings L.P., its sole member

By: Independence Upstream Holdings GP LLC, its general partner

By: /s/ Brandi Kendall

Name: Brandi Kendall

Title: Vice President

INDEPENDENCE UPSTREAM GP LLC

By: Independence Upstream Holdings L.P., its sole member

By: Independence Upstream Holdings GP LLC, its general partner

By: /s/ Brandi Kendall

Name: Brandi Kendall

Title: Vice President

CONTANGO CRESCENT VENTURECO I LLC

IE L MERGER SUB LLC

ARTEMIS MERGER SUB II LLC

SILVERBOW AGENTCO INC.

CRESCENT ENERGY OPERATING, LLC

By: /s/ Brandi Kendall

Name: Brandi Kendall

Title: Senior Vice President

[Signature Page to Crescent Energy Finance, LLC – Fifteenth Amendment to Credit Agreement]

NEWARK ACQUISITION I L.P.

By: Newark Acquisition GP I LLC, its general partner

By: /s/ Brandi Kendall

Name: Brandi Kendall

Title: Chief Financial Officer

VITAL MIDSTREAM SERVICES, LLC

CRESCENT UINTA, LLC

NEWARK HOLDING AGENT CORP.

NEWARK ACQUISITION GP I LLC

CRESCENT ENERGY MARKETING, LLC

By: /s/ Brandi Kendall

Name: Brandi Kendall

Title: Chief Financial Officer

[Signature Page to Crescent Energy Finance, LLC – Fifteenth Amendment to Credit Agreement]

ADMINISTRATIVE AGENT, COLLATERAL AGENT,

LETTER OF CREDIT ISSUER AND LENDER:

WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent, Collateral Agent, a Letter of Credit Issuer and Lender

By: /s/ Paige Ebanks

Name: Paige Ebanks

Title: Vice President

[Signature Page to Crescent Energy Finance, LLC – Fifteenth Amendment to Credit Agreement]

LETTER OF CREDIT ISSUER and LENDER:

JPMORGAN CHASE BANK, N.A., as a Letter of Credit Issuer and Lender

By: /s/ Dalton Harris

Name: Dalton Harris

Title: Authorized Officer

[Signature Page to Crescent Energy Finance, LLC – Fifteenth Amendment to Credit Agreement]

LENDER:

BANK OF AMERICA, N.A., as a Lender

By: /s/ Ajay Prakash

Name: Ajay Prakash

Title: Director

[Signature Page to Crescent Energy Finance, LLC – Fifteenth Amendment to Credit Agreement]

LENDER:

ROYAL BANK OF CANADA, as a Lender

By: /s/ Emilee Scott

Name: Emilee Scott

Title: Authorized Signatory

[Signature Page to Crescent Energy Finance, LLC – Fifteenth Amendment to Credit Agreement]

LENDER:

FIFTH THIRD BANK, NATIONAL ASSOCIATION, as a Lender

By: /s/ Thomas Kleiderer

Name: Thomas Kleiderer

Title: Managing Director

[Signature Page to Crescent Energy Finance, LLC – Fifteenth Amendment to Credit Agreement]

LENDER:

KEYBANK NATIONAL ASSOCIATION, as a Lender

By: /s/ Lesley Appou

Name: Lesley Appou

Title: Vice President

[Signature Page to Crescent Energy Finance, LLC – Fifteenth Amendment to Credit Agreement]

LENDER:

MIZUHO BANK, LTD., as a Lender

By: /s/ Edward Sacks

Name: Edward Sacks

Title: Managing Director

[Signature Page to Crescent Energy Finance, LLC – Fifteenth Amendment to Credit Agreement]

LENDER:

TRUIST BANK, as a Lender

By: /s/ Greg Krablin

Name: Greg Krablin

Title: Director

[Signature Page to Crescent Energy Finance, LLC – Fifteenth Amendment to Credit Agreement]

LENDER:

MORGAN STANLEY SENIOR FUNDING, INC., as a Lender

By: /s/ Michael King

Name: Michael King

Title: Vice President

[Signature Page to Crescent Energy Finance, LLC – Fifteenth Amendment to Credit Agreement]

LENDER:

CAPITAL ONE, NATIONAL ASSOCIATION, as a Lender

By: /s/ Lyle Levy

Name: Lyle Levy

Title: Director

[Signature Page to Crescent Energy Finance, LLC – Fifteenth Amendment to Credit Agreement]

LENDER:

CANADIAN IMPERIAL BANK OF COMMERCE, NEW YORK BRANCH, as a Lender

By: /s/ Scott W. Danvers

Name: Scott W. Danvers

Title: Authorized Signatory

By: /s/ Donovan C. Broussard

Name: Donovan C. Broussard

Title: Authorized Signatory

[Signature Page to Crescent Energy Finance, LLC – Fifteenth Amendment to Credit Agreement]

LENDER:

REGIONS BANK, as a Lender

By: /s/ Katie Hammons

Name: Katie Hammons

Title: Director

[Signature Page to Crescent Energy Finance, LLC – Fifteenth Amendment to Credit Agreement]

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May 18, 2026

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Cover page.

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For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

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The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

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Address Line 1 such as Attn, Building Name, Street Name

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Address Line 2 such as Street or Suite number

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Name of the City or Town

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Code for the postal or zip code

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Name of the state or province.

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A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

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Indicate if registrant meets the emerging growth company criteria.

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Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

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Two-character EDGAR code representing the state or country of incorporation.

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The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

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The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

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Local phone number for entity.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

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Title of a 12(b) registered security.

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Name of the Exchange on which a security is registered.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

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Trading symbol of an instrument as listed on an exchange.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

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