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Crescent Energy Company - $CRGY STOCK NEWS

Welcome to our dedicated page for Crescent Energy Company news (Ticker: $CRGY), a resource for investors and traders seeking the latest updates and insights on Crescent Energy Company stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Crescent Energy Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Crescent Energy Company's position in the market.

News
Crescent Energy Reports First Quarter 2024 Results
Rhea-AI Summary

Crescent Energy Company (NYSE: CRGY) reported its first quarter 2024 financial and operating results, showcasing a focus on disciplined growth through acquisitions and capital return. The company's portfolio consists of low-decline assets in the Eagle Ford and Uinta basins, managed by experienced industry professionals.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.11%
Tags
earnings
-
News
Crescent Energy Schedules First Quarter 2024 Earnings Release and Conference Call
Rhea-AI Summary
Crescent Energy Company (NYSE: CRGY) has scheduled a conference call and webcast on May 7, 2024, to discuss its first quarter 2024 financial and operating results. The release will be available after market close on May 6, 2024, on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.91%
Tags
earnings
-
News
Crescent Energy Announces Expiration and Results of Its Tender Offer for Its 7.250% Senior Notes Due 2026
Rhea-AI Summary
Crescent Energy Finance , a subsidiary of Crescent Energy Company (NYSE: CRGY), completed a tender offer to purchase outstanding 7.250% Senior Notes due 2026. The offer expired on March 25, 2024, with 63.18% of the principal amount tendered. CE Finance plans to accept all valid tenders and make payments accordingly. They will use proceeds from issuing 7.625% Senior Notes due 2032 to fund the purchase. The Tender Offer is subject to the completion of the Notes Offering, with any remaining Notes to be redeemed on May 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.22%
Tags
none
News
Crescent Energy Announces Pricing of $700 Million Private Placement of 7.625% Senior Notes Due 2032
Rhea-AI Summary
Crescent Energy Company (CRGY) prices $700 million Senior Notes due 2032 at 7.625% interest rate. The offering aims to fund the redemption of existing 2026 Notes. The Notes are guaranteed by the Issuer's subsidiaries and are expected to close on March 26, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.7%
Tags
none
-
News
Crescent Energy Announces Tender Offer for Its 7.250% Senior Notes due 2026
Rhea-AI Summary
Crescent Energy Finance , a subsidiary of Crescent Energy Company, has initiated a cash tender offer to purchase all outstanding senior notes listed in the Offer to Purchase. The offer includes the purchase of 7.250% Senior Notes due 2026 with a principal amount of $700,000,000 at a price of $1,018.83 per $1,000 of Notes. Holders will also receive accrued and unpaid interest. The Tender Offer expires on March 25, 2024, with settlement expected on March 26, 2024, and any remaining Notes will be redeemed on May 1, 2024, subject to conditions. CE Finance plans to use the proceeds from a Notes Offering to fund the purchase and redemption. BofA Securities is the exclusive Dealer Manager for the Tender Offer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.97%
Tags
none
-
News
Crescent Energy Announces Offering of $700 Million Private Placement of Senior Notes Due 2032
Rhea-AI Summary
Crescent Energy Company (CRGY) announces a private placement offering of $700 million Senior Notes due 2032 to fund the repurchase of existing 2026 Senior Notes, subject to market conditions. The offering is aimed at qualified institutional buyers and non-US persons.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.97%
Tags
none
News
Crescent Energy Company Announces Pricing of Secondary Public Offering of Common Stock and Agreement to Repurchase OpCo Units
Rhea-AI Summary
Crescent Energy Company (CRGY) announces the pricing of an underwritten public offering of 12,000,000 shares of its Class A common stock at $10.50 per share. The offering is made by the Selling Stockholder, with an option for underwriters to purchase additional shares. The Company will not sell any shares in the offering. The offering is expected to close on March 11, 2024, subject to customary closing conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.67%
Tags
buyback offering
-
News
Crescent Energy Company Announces Secondary Public Offering of Common Stock and Intention to Repurchase OpCo Units
Rhea-AI Summary
Crescent Energy Company (CRGY) announces a public offering of 12,000,000 shares of its Class A common stock. The offering is made by the Selling Stockholder, Independence Energy Aggregator L.P. The Company will not sell any shares in the offering. Wells Fargo Securities, Evercore Group, and Raymond James & Associates are the joint book-running managers. The offering is subject to market conditions. The Company plans to purchase OpCo Units from the Selling Stockholder concurrently with the offering. The offering is not conditioned upon the OpCo Unit Purchase.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.67%
Tags
buyback offering
-
News
Crescent Energy Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Crescent Energy Company (CRGY) reveals fourth quarter and full year 2023 financial results and 2024 outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.28%
Tags
earnings
News
Crescent Energy Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
Rhea-AI Summary
Crescent Energy Company (CRGY) is hosting a conference call to discuss its Q4 and full year 2023 financial results and outlook for 2024 on March 5, 2024. Results will be released on March 4, 2024, with a webcast available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.56%
Tags
earnings
Stock CRGY logo
Crescent Energy Company

NYSE:CRGY

CRGY Rankings

#2281 Ranked by Market Cap
#2689 Ranked by Stock Gains
#811 Ranked by Dividends

CRGY Stock Data

1.25B
87.23M
11.16%
71.61%
8.81%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
HOUSTON

About CRGY

crescent energy is a diversified, well capitalized, u.s. independent energy company with a portfolio of assets in key proven basins across the lower 48 states. our core leadership team is a group of experienced investment, financial and industry professionals who continue to execute on the strategy we have employed since 2011. our mission is to invest in energy assets and deliver better returns, operations and stewardship. we seek to deliver attractive risk-adjusted investment returns and predictable cash flows across cycles with a focus on operated oil and gas assets and complemented by non‐operated assets, mineral and royalty interests and midstream infrastructure. our approach includes: o employing a differentiated business model combining the best of an investor mindset and deep operational expertise o investing capital with discipline and a focus on cash flow o acquiring and developing a portfolio of low‐risk energy assets o engaging key environmental, social and governance (esg)