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.
Crescent Energy Company (NYSE: CRGY) is a leading independent energy company managing a diversified portfolio of oil and gas assets across key U.S. basins. This page serves as a comprehensive resource for all CRGY-related news, offering investors and industry professionals timely updates on company developments.
Access the latest press releases, earnings reports, and strategic announcements in one centralized location. Our curated collection ensures you stay informed about CRGY's operational milestones, partnership agreements, and financial performance while maintaining a clear view of their disciplined investment approach.
Key updates include quarterly results analysis, asset acquisition details, leadership changes, and operational efficiency initiatives. The content reflects CRGY's focus on cash flow generation, portfolio diversification, and risk management across market cycles.
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Crescent Energy (NYSE: CRGY) has announced the acquisition of Vital Energy (NYSE: VTLE) in an all-stock transaction valued at $3.1 billion, including Vital's net debt. Under the agreement, Vital shareholders will receive 1.9062 shares of Crescent Class A common stock for each Vital share, representing a 5% premium to the 30-day VWAP exchange ratio.
The merger will create a top 10 independent energy company with operations across the Eagle Ford, Permian, and Uinta Basins. The deal is expected to generate $90-100 million in annual synergies and includes a $1 billion non-core divestiture pipeline. Post-merger, current Crescent shareholders will own approximately 77% of the combined company, while Vital shareholders will hold 23%.
The transaction, unanimously approved by both boards, is expected to close by year-end 2025, subject to shareholder and regulatory approvals. John Goff will continue as Chairman and David Rockecharlie as CEO of the combined company, headquartered in Houston.
Crescent Energy (NYSE: CRGY) has announced its financial and operating results for the second quarter of 2025. The company has made its earnings release and supplemental earnings presentation available on their corporate website at www.crescentenergyco.com.
The company will host a conference call to discuss the Q2 2025 results on Tuesday, August 5, 2025, at 10:00 AM CT (11:00 AM ET).
Crescent Energy (NYSE: CRGY) announced the expiration of its tender offer for up to $500 million of its 9.250% Senior Notes due 2028. The tender offer, which expired on July 22, 2025, received valid tenders of $306.125 million, representing 30.6125% of the outstanding principal amount.
The company has already purchased all validly tendered notes on July 9, 2025. To reach the Maximum Tender Amount, Crescent plans to redeem an additional $193.875 million of notes on July 25, 2025, using proceeds from its recently completed 8.375% Senior Notes due 2034 issuance.
Crescent Energy (NYSE:CRGY) has scheduled its second quarter 2025 earnings release and conference call. The company will release its Q2 2025 financial and operating results after market close on Monday, August 4, 2025.
A conference call and webcast will be held the following day, Tuesday, August 5, 2025, at 10:00 AM CT (11:00 AM ET). Investors can access the call through domestic (877-407-0989) or international (201-389-0921) dial-in numbers. The earnings release and supplemental slides will be available on the company's website, and a webcast replay will be accessible following the call.
Crescent Energy (NYSE: CRGY) announced early results of its cash tender offer to purchase up to $500 million of its 9.250% Senior Notes due 2028. As of the Early Tender Date (July 7, 2025), $306.125 million in aggregate principal amount of Notes were validly tendered.
Holders who tendered by the Early Tender Date will receive the Total Consideration of $1,043.75 per $1,000 principal amount, which includes a $50 Early Tender Premium. The tender offer expires on July 22, 2025, with an Early Settlement Date expected on July 9, 2025.
Crescent Energy (NYSE:CRGY) has announced the pricing of an upsized $600 million private placement of senior notes, increased from the initially planned $500 million. The 8.375% Senior Notes, due January 15, 2034, will be issued at par with semi-annual interest payments.
The company plans to use the proceeds, along with additional borrowings and cash on hand if needed, to fund a tender offer for its outstanding 9.250% Senior Notes due 2028 and to repay revolving credit facility debt. The offering, expected to close on July 8, 2025, will be available only to qualified institutional buyers and non-U.S. persons.
Crescent Energy (NYSE: CRGY) has appointed Joey Hall as Chief Operating Officer, effective June 2, 2025. Hall, who previously served as Executive Vice President of Operations at Pioneer Natural Resources Company, brings extensive experience in development and operational strategy, particularly in the Eagle Ford and Permian Basin regions. A Texas Tech University graduate and Registered Professional Engineer, Hall will focus on scaling operational capabilities and driving sustainable growth at Crescent.
CEO David Rockecharlie emphasized Hall's proven leadership and operational success record, noting that this appointment strengthens Crescent's investing and operating expertise. The company, which focuses on activities in Texas and the Rocky Mountain region, maintains a portfolio combining stable cash flows from low-decline production with high-quality development inventory.
Crescent Energy (NYSE: CRGY) has announced its financial and operating results for the first quarter of 2025. The company has scheduled a conference call to discuss these results on Tuesday, May 6, 2025, at 10 a.m. CT (11 a.m. ET). Detailed financial information and supplemental earnings presentation are available on the company's website at www.crescentenergyco.com.