Crescent Energy Company today announced plans to host a conference call and webcast at 10 a.m. CT, on Tuesday, November 5, 2024, to discuss its third quarter 2024 financial and operating results. The Company plans to release results after market close on Monday, November 4, 2024. The release and supplemental slides will be available on the company's website at www.crescentenergyco.com. Conference Call Information Time: 10 [...]
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 $250 million aggregate principal amount of 7.375% Senior Notes due 2033 . The Notes mature on January 15, 2033 and pay interest at the rate of 7.375% per year [...]
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 $250 million aggregate principal amount of 7.375% Senior Notes due 2033 . The Notes are being offered as additional notes under the [...]
Crescent Energy Company today announced the signing of a definitive agreement to acquire assets from a private Eagle Ford operator for total cash consideration of $168 million, subject to customary purchase price adjustments. The acquisition is directly offset Crescent's existing Central Eagle Ford footprint and builds upon its significant acquisition activity in the Eagle Ford over the past 18 months, including the [...]
Crescent Energy Company today announced financial and operating results for the second quarter of 2024. Crescent's earnings release and supplemental earnings presentation can be accessed via the Investor Relations section of Crescent's website at www.crescentenergyco.com. The Company's second quarter 2024 conference call is planned for 10 a.m. CT on Tuesday, August 6, 2024. About Crescent Energy Company Crescent is a [...]
Crescent Energy Company , today announced the closing of its acquisition of SilverBow Resources, Inc. . The transaction was closed ahead of schedule, and Crescent plans to provide pro forma second half 2024 guidance reflecting the acquisition, as well as issue its second quarter 2024 financial and operating results, after market close on August 5, 2024. A conference call is planned for August 6, 2024. The SilverBow [...]
Crescent Energy Company , today announced it received overwhelming stockholder approval for the issuance of Crescent Class A common stock in connection with its proposed merger with SilverBow Resources Inc. at a special meeting of stockholders today. The Merger is expected to close on July 30, 2024. "This decisive vote underscores strong support for the complementary transaction, which creates one of the largest operators [...]
Crescent Energy Company and SilverBow Resources, Inc. jointly announced today the preliminary results of the elections made by holders of SilverBow common stock regarding the form of merger consideration to be received in connection with Crescent's pending acquisition of SilverBow . As further described in the Agreement and Plan of Merger, dated as of May 15, 2024, by and among SilverBow, Crescent and the other parties [...]
Crescent Energy Company today announced plans to host a conference call and webcast at 10 a.m. CT, on Tuesday, August 6, 2024 to discuss its second quarter 2024 financial and operating results. The Company plans to release results after market close on Monday, August 5, 2024. The release and supplemental slides will be available on the company's website at www.crescentenergyco.com. Conference Call Information Time: 10 [...]
Crescent Energy Company , today announced that leading independent proxy advisory firms, Institutional Shareholder Services and Glass Lewis & Co. , recommend that Crescent shareholders vote "FOR" the approval of the issuance of shares of Crescent Class A common stock in connection with the Company's pending merger with SilverBow Resources, Inc. . Additionally, ISS and Glass Lewis have recommended in separate reports that [...]
Crescent Energy Company and SilverBow Resources, Inc. jointly announced today that, in connection with Crescent's pending acquisition of SilverBow , the deadline for holders of SilverBow's common stock to elect the form of merger consideration they wish to receive in the Transaction, as described in more detail below, has been set for 5:00 p.m. Central Time on July 24, 2024 . The Election Deadline is based on Crescent's [...]
Crescent Energy Company and SilverBow Resources, Inc. today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 , in connection with Crescent's pending acquisition of SilverBow. The expiration of the waiting period under the HSR Act satisfies an important condition necessary for the completion of the transaction. Meetings of the stockholders of each of Crescent and [...]