Crescent Energy Company today announced results for the third quarter of 2023, published its 2022 Sustainability Report and declared a quarterly cash dividend for the period of $0.12 per share. A supplemental slide deck on third quarter results can be found at www.crescentenergyco.com. The Company plans to host a conference call and webcast at 10 a.m. CT, Tuesday, November 7, 2023. Details can be found in this release [...]
Crescent Energy Company today announced plans to host a conference call and webcast at 10 a.m. CT, on Tuesday, November 7, 2023 to discuss its third quarter 2023 financial and operating results. The Company plans to release results after market close on Monday, November 6, 2023. The release and supplemental slides will be available on the company's website at https://ir.crescentenergyco.com. Conference Call Information [...]
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 $150 million aggregate principal amount of 9.250% Senior Notes due 2028 . The size of the offering was increased from the previously announced $125 million to [...]
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 $125 million aggregate principal amount of 9.250% Senior Notes due 2028 . The Notes are being offered as additional notes under the [...]
Crescent Energy Company today announced the pricing of an underwritten, upsized public offering of 11,000,000 shares of its Class A common stock, par value $0.0001 per share , at a price to the public of $12.25 per share, pursuant to a registration statement on Form S-3 filed previously with the U.S. Securities and Exchange Commission . The 11,000,000 share offering represents a 1,000,000 share upsize to the originally [...]
Crescent Energy Company today announced the commencement of an underwritten public offering of 10,000,000 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 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 purchase price for the recently [...]
Crescent Energy Company today announced that it has entered into a definitive purchase agreement to acquire incremental working interest in its operated Western Eagle Ford assets for total consideration of $250 million in cash, subject to customary purchase price adjustments. The acquisition follows the recent $600 million acquisition of operatorship of the Western Eagle Ford position that closed in July 2023. Additional [...]
Crescent Energy Company today announced results for the second quarter of 2023 and declared a quarterly cash dividend for the period of $0.12 per share. A supplemental slide deck on its second quarter results can be found at www.crescentenergyco.com. The Company plans to host a conference call and webcast at 10 a.m. CT, Thursday, August 10, 2023. Details can be found in this release. Second Quarter 2023 Highlights [...]
Crescent Energy Company today announced plans to host a conference call and webcast at 10 a.m. CT, on Thursday, August 10, 2023 to discuss its second quarter 2023 financial and operating results. The Company plans to release results after market close on Wednesday, August 9, 2023. The release and supplemental slides will be available on the company's website at https://ir.crescentenergyco.com. Conference Call Information [...]
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 $300 million aggregate principal amount of 9.250% Senior Notes due 2028 . The size of the offering was increased from the previously announced $250 million to [...]
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 9.250% Senior Notes due 2028 . The Notes are being offered as additional notes under the [...]
Crescent Energy Company today announced that its credit ratings were upgraded by S&P. Crescent's credit ratings were also upgraded by Moody's earlier this year. Standard & Poor's Global Ratings upgraded Crescent's issuer credit rating to B+ and its senior unsecured notes rating to BB- with a stable outlook earlier today; Moody's Investors Services upgraded Crescent's corporate rating to Ba3 and its senior unsecured notes [...]