<SEC-DOCUMENT>0001193125-25-325305.txt : 20251218
<SEC-HEADER>0001193125-25-325305.hdr.sgml : 20251218
<ACCEPTANCE-DATETIME>20251218184828
ACCESSION NUMBER:		0001193125-25-325305
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20251218
FILED AS OF DATE:		20251218
DATE AS OF CHANGE:		20251218

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Liberty Mutual Foundation Inc.
		CENTRAL INDEX KEY:			0002097698
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-41132
		FILM NUMBER:		251584600

	BUSINESS ADDRESS:	
		STREET 1:		175 BERKELEY STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02116
		BUSINESS PHONE:		8572246162

	MAIL ADDRESS:	
		STREET 1:		175 BERKELEY STREET
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02116

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Crescent Energy Co
		CENTRAL INDEX KEY:			0001866175
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				871133610
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		600 TRAVIS STREET
		STREET 2:		SUITE 7200
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77002
		BUSINESS PHONE:		713-332-7001

	MAIL ADDRESS:	
		STREET 1:		600 TRAVIS STREET
		STREET 2:		SUITE 7200
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77002

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	IE PubCo Inc.
		DATE OF NAME CHANGE:	20210607
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>ownership.xml
<DESCRIPTION>3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2025-12-18</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001866175</issuerCik>
        <issuerName>Crescent Energy Co</issuerName>
        <issuerTradingSymbol>CRGY</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002097698</rptOwnerCik>
            <rptOwnerName>Liberty Mutual Foundation Inc.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O LIBERTY MUTUAL FOUNDATION</rptOwnerStreet1>
            <rptOwnerStreet2>175 BERKELEY STREET</rptOwnerStreet2>
            <rptOwnerCity>BOSTON</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02116</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>false</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>36813628</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The shares were acquired from PT Independence Energy Holdings LLC through Liberty Energy Holdings, LLC and Liberty Mutual Insurance Company.  Liberty Mutual Foundation Inc. may be deemed to beneficially own the remaining shares held by Liberty Energy Holdings, LLC due to their common control but has no pecuniary interest in such shares.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>LIBERTY MUTUAL FOUNDATION INC., By: /s/ Vlad Barbalat, Name: Vlad Barbalat, Title: Executive Vice President</signatureName>
        <signatureDate>2025-12-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
