Crescent Energy Company

Crescent Energy Company , today announced the simplification of its corporate structure by eliminating the Company's umbrella partnership-C corporation structure through conversion of all remaining Class B common stock into Class A common stock, effective as of April 4, 2025 . As a result of the Corporate Simplification, all of the Company's stockholders now hold Class A common stock, with the same aligned economic and [...]

Crescent Energy Company today announced its fourth quarter and full year 2024 financial and operating results, as well as its 2025 capital budget and production outlook. Crescent's earnings release and supplemental earnings presentation can be found at www.crescentenergyco.com. The Company's fourth quarter and full year 2024 conference call is planned for 10 a.m. CT on Thursday, February 27, 2025. About Crescent Energy [...]

Crescent Energy Company today announced plans to host a conference call and webcast at 10 a.m. CT, on Thursday, February 27, 2025 to discuss its fourth quarter and full year 2024 financial and operating results, as well as its outlook for 2025. The Company plans to release results after market close on Wednesday, February 26, 2025. The release and supplemental slides will be available on the company's website at [...]

Crescent Energy Company , today announced the closing of its acquisition of Central Eagle Ford assets from Ridgemar Energy for upfront consideration of $905 million, consisting of $830 million in cash and 5,454,546 shares of Class A common stock, plus future oil price contingent consideration, subject to customary purchase price adjustments. Crescent plans to provide 2025 guidance reflecting the acquisition along with its [...]

Crescent Energy Company announced today that its indirect subsidiary Crescent Energy Finance LLC has priced its previously announced private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended , to eligible purchasers of $400 million aggregate principal amount of 7.625% Senior Notes due 2032 , the "Notes"). The size of this offering was increased from the previously announced $300 [...]

Crescent Energy Company announced today that, subject to market conditions, its indirect subsidiary Crescent Energy Finance LLC intends to offer for sale in a private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended , to eligible purchasers of $300 million aggregate principal amount of 7.625% Senior Notes due 2032 , the "Notes"). The Additional Notes are being offered as [...]

Crescent Energy Company today announced the pricing of an underwritten, upsized public offering of 21,500,000 shares of its Class A common stock, par value $0.0001 per share , at a price to the public of $14.00 per share, pursuant to an effective shelf registration statement on Form S-3 filed previously with the U.S. Securities and Exchange Commission . The 21,500,000 share offering represents a 3,500,000 share upsize to [...]

Crescent Energy Company today announced the commencement of an underwritten public offering of 18,000,000 shares of its Class A common stock, par value $0.0001 per share , pursuant to an effective shelf registration statement on Form S-3 filed previously with the U.S. Securities and Exchange Commission . The Company intends to use the net proceeds it receives from the offering to fund a portion of the cash consideration [...]

Crescent Energy Company today announced the signing of a definitive agreement to acquire Eagle Ford assets from Ridgemar Energy for upfront consideration of $905 million plus future oil price contingent consideration, subject to customary purchase price adjustments. The acquisition is directly offset Crescent's core Central Eagle Ford position and builds upon its significant acquisition activity in the Eagle Ford over the [...]

Crescent Energy Company today announced financial and operating results for the third quarter of 2024. Crescent's earnings release and supplemental earnings presentation can be found at www.crescentenergyco.com. The Company's third quarter 2024 conference call is planned for 10 a.m. CT on Tuesday, November 5, 2024. About Crescent Energy Company Crescent is a differentiated U.S. energy company committed to delivering value [...]