Crescent Energy Company today announced the closing of its previously announced acquisition of operatorship and incremental working interest in its existing Western Eagle Ford assets for a total cash consideration of approximately $600 million, subject to customary purchase price adjustments. In addition the Company's public float increased to 46% from 29% with the previously announced conversion of approximately 28 [...]
Crescent Energy Company today announced that an affiliate of KKR has notified the Company that it intends to convert and distribute approximately 27.9 million Class A shares to certain of its legacy investors, who are primarily large institutions . Following the Class A Conversion, the amount of stock held by non-affiliated public holders will increase from 29% to 46% through the conversion of private Class B shares [...]
Crescent Energy Company today announced financial and operating results for the first quarter of 2023 and declared a quarterly cash dividend for the period of $0.12 per share. Crescent has provided a supplemental slide deck on its first quarter results, which can be found at www.crescentenergyco.com. The Company plans to host a conference call and webcast at 10 a.m. CDT, Thursday, May 11, 2023. Details can be found in [...]
Crescent Energy Company today announced that it has entered into a definitive purchase agreement to acquire operatorship and incremental working interest in its existing Western Eagle Ford assets from Mesquite Energy, Inc. for total consideration of $600 million in cash, subject to customary purchase price adjustments. The accretive acquisition is consistent with Crescent's strategy of acquiring high-value, cash flowing [...]
Crescent Energy Company today announced plans to host a conference call and webcast at 10 a.m. CT, on Thursday, May 11, 2023 to discuss its first quarter 2023 financial and operating results. The Company plans to release results after market close on Wednesday, May 10, 2023. The release and supplemental slides will be available on the company's website at https://ir.crescentenergyco.com. Conference Call Information Time [...]
Crescent Energy Company , , today announced its financial and operating results for the fourth quarter and full year 2022 as well as a quarterly cash dividend of $0.17 per share for the period. Crescent has provided a supplemental slide deck on its results, which can be found at www.crescentenergyco.com. The Company plans to host a conference call and webcast to discuss its fourth quarter and full year 2022 results, as [...]
Crescent Energy Company today announced plans to host a conference call and webcast at 10 a.m. CT, on Wednesday, March 8, 2023 to discuss its fourth quarter and full year 2022 financial and operating results, as well as its outlook for 2023. The Company plans to release results after market close on Tuesday, March 7, 2023. The release and supplemental slides will be available on the company's website at [...]
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 9.250% Senior Notes due 2028 . The Notes mature on February 15, 2028 and pay interest at the rate of 9.250% 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 $400 million aggregate principal amount of Senior Notes due 2028 . The Notes will be guaranteed on a senior unsecured basis by all of the [...]
Crescent Energy Company , , today announced that representatives of the Company will be participating in the BofA Leveraged Finance Conference in Boca Raton, Florida on November 29, 2022. The accompanying slide presentation will be available on the Company's website under https://ir.crescentenergyco.com/events-presentations/. About Crescent Energy Company Crescent is a well-capitalized, U.S. independent energy company [...]
Crescent Energy Company , , today announced that representatives of the Company will be participating in the BofA Global Energy Conference in Miami, Florida on November 17, 2022. The accompanying slide presentation will be available on the Company's website under https://ir.crescentenergyco.com/events-presentations/. About Crescent Energy Company Crescent is a well-capitalized, U.S. independent energy company with a [...]
Crescent Energy Company , , today announced financial and operating results for the third quarter of 2022 and a quarterly cash dividend of $0.17 per share. Crescent has provided a supplemental slide deck on its third quarter results, which can be found at www.crescentenergyco.com. The Company plans to host its third quarter conference call and webcast at 10 a.m. CT, Thursday, November 10, 2022. Details can be found in [...]