Crescent Energy Closes Accretive Central Eagle Ford Bolt-On [Yahoo! Finance]
Crescent Energy Company (CRGY)
Company Research
Source: Yahoo! Finance
In This Article CRGY HOUSTON, January 31, 2025 BUSINESS WIRE )--Crescent Energy Company (NYSE: CRGY) ("Crescent" or the "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 fourth quarter and full year 2024 financial and operating results. "We are pleased to complete this accretive acquisition, which further scales our core Eagle Ford position as we also welcome many talented new members to the Crescent Energy team," said Crescent CEO David Rockecharlie. "This acquisition demonstrates our disciplined approach to creating shareholder value by combining our investing and operational expertise to acquire and efficiently integrat
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CRGY
Earnings
- 11/3/25 - Beat
CRGY
Sec Filings
- 12/19/25 - Form 3
- 12/19/25 - Form 3
- 12/19/25 - Form 4
- CRGY's page on the SEC website