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 (NYSE: CRGY) announced it released financial and operating results for third quarter 2025. The company said the earnings release and supplemental presentation are available at its investor website.
The company scheduled a third quarter 2025 conference call for Tuesday, November 4, 2025 at 10:00 a.m. CT (11:00 a.m. ET) to discuss results.
Crescent Energy (NYSE: CRGY) completed its fall borrowing base redetermination under its reserve-based revolving credit facility, with the bank syndicate reaffirming a $2.0 billion elected commitment and increasing the borrowing base by 50% from $2.6 billion to $3.9 billion (springing on close of the Vital Energy transaction).
The facility tenor was extended to five years (weighted average maturity of 6.4 years), the pricing grid tightened by 25 bps (to 175–275 bps), and Crescent disclosed ~$12 million of early synergy capture (~13% of the midpoint of a $90–$100 million synergy range) driven by interest, unused-commitment fees and lower admin costs.
Crescent Energy (NYSE: CRGY) will release its third quarter 2025 financial and operating results after market close on Monday, November 3, 2025.
The company will host a conference call and webcast to discuss results at 10:00 a.m. CT (11:00 a.m. ET) on Tuesday, November 4, 2025. Supplemental slides and the release will be posted on the company website and a webcast replay will be available after the call.
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.