Crescent Energy Company issues news about its U.S. exploration and production business, including crude oil, natural gas and NGL operations and minerals and royalty interests. The company operates in one reportable segment, with activity focused in the Eagle Ford, Permian and Uinta basins and a strategy that includes acquisitions, development inventory and return-of-capital disclosures.
Recurring updates include quarterly and annual financial results, conference-call announcements, operating outlooks, production and development commentary, commodity derivative settlements, acquisition-related portfolio updates, and capital-structure actions such as convertible senior notes, debt exchanges and consent solicitations.
Crescent Energy (CRGY) has confidentially submitted a draft registration statement for a proposed initial public offering of its indirect subsidiary, Crescent Royalties.
The proposed offering would issue Class A common stock. Assets under consideration for initial contribution include mineral and royalty interests in the Eagle Ford, with additional exposure to the Permian, Appalachian and Denver-Julesburg basins. Crescent says the purpose is to create a public market for the shares and facilitate Crescent Royalties’ future access to capital markets. The share count and price range have not been determined. Any offering remains subject to SEC review, further Crescent board authorization and market conditions.
Crescent Energy (NYSE: CRGY) announced its financial and operating results for the third quarter of 2026, with materials available online. The earnings release and supplemental earnings presentation are available at www.crescentenergyco.com. The company plans its third-quarter conference call for November 3, 2026, at 10 a.m. CT (11 a.m. ET).
Crescent Energy (CRGY) plans to release its third quarter 2026 financial and operating results after market close on November 2, 2026.
A conference call and webcast are scheduled for November 3, 2026, at 10 a.m. CT. The earnings release, supplemental slides and live webcast will be available in the Investors section at www.crescentenergyco.com, with a webcast replay following the call.
Crescent Energy (NYSE: CRGY) priced a public offering of 80,000,000 Class A common shares to help fund an asset acquisition. The public offering price is $12.50 per share, with closing expected on October 13, 2026, subject to customary closing conditions. Underwriters have a 30-day option to purchase up to 12,000,000 additional shares.
Independence Energy Aggregator, a KKR affiliate holding approximately 7.9% of Crescent’s Class A stock, agreed to purchase 40,000,000 shares on the same terms. Crescent intends to use net proceeds for part of the cash consideration for Eagle Ford oil and natural gas assets from Devon Energy Production Company. That acquisition is expected to close in the fourth quarter of 2026 or early 2027, subject to regulatory approvals and customary closing conditions. The offering is not contingent on the acquisition; if it is not completed, proceeds will support general corporate purposes, including subsidiary debt repayment.
Crescent Energy (CRGY) signed a definitive agreement to acquire Devon Energy’s Eagle Ford assets for an estimated net price of approximately $3.85 billion. Closing is expected in the fourth quarter of 2026 or early 2027, subject to customary closing conditions.
The assets, adjacent to existing operations, include approximately 68 Mboe/d—thousand barrels of oil equivalent per day—of July 2026 net production from an internal forecast and more than 600 Tier 1 net locations normalized to 10,000 feet. Devon-owned minerals will also expand Crescent Royalties. Crescent identified approximately $140 million in annual synergies and expects accretion in cash flow from operations, free cash flow and net asset value.
Funding is intended to combine cash on hand with debt and equity as appropriate based on market conditions. Debt financing commitments are secured, but additional financing on satisfactory terms is not guaranteed.
Crescent Energy (NYSE: CRGY) has launched an underwritten public offering of $1 billion of Class A common stock to help fund an acquisition. The company intends to use net proceeds for part of the cash consideration for Eagle Ford oil and natural gas assets from Devon Energy Production Company, a Devon Energy subsidiary. Crescent expects the acquisition to close in the fourth quarter of 2026 or early 2027, subject to regulatory approvals and customary closing conditions.
The offering is not contingent on the acquisition closing. If it does not close, proceeds will support general corporate purposes, including subsidiary debt repayment. Crescent expects to grant underwriters a 30-day option for up to $150 million of additional shares. KKR affiliate Independence Energy Aggregator, which holds approximately 7.9% of Crescent’s Class A stock, has indicated interest in buying up to $500 million at the public offering price.
Crescent Energy (NYSE: CRGY) will release its second quarter 2026 financial and operating results after market close on Monday, August 3, 2026. Management will host a conference call and live webcast at 10 a.m. CT (11 a.m. ET) on Tuesday, August 4, 2026 to discuss the results.
Investors can access the earnings release, supplemental slides, live webcast and replay through the Investors section of the company’s website at www.crescentenergyco.com. The conference dial-in numbers are 833-461-5787 (domestic) and 585-542-9983 (international), with Meeting ID 743 057 197.
Crescent Energy (NYSE: CRGY) reported first-quarter 2026 financial and operating results and will host a conference call on May 5, 2026 at 10:00 a.m. CT (11:00 a.m. ET). The company's earnings release and supplemental presentation are available on its investor website.
Crescent Energy (NYSE: CRGY) will release first quarter 2026 results after market close on Monday, May 4, 2026 and host a conference call and webcast at 10:00 a.m. CT (11:00 a.m. ET) on Tuesday, May 5, 2026.
The company said the release and supplemental slides will be available at www.crescentenergyco.com, with a replay posted after the call.