Crescent Energy Company today announced plans to host a conference call and webcast to discuss its third quarter 2022 financial and operating results at 10 a.m. CT, on Thursday, November 10, 2022. The Company plans to release results after market close on Wednesday, November 9, 2022. The earnings release and presentation for the third quarter 2022 results will be available on the company's website at [...]
Crescent Energy Company today announced amendments to its revolving credit facility , effective September 23, 2022. The amendments were recently approved by the 11 member banks supporting the facility and reflect the strength of the business, an outlook for substantial cash flow, growing proved reserves and a strong balance sheet. Amendment Highlights An 11% increase in the Company's borrowing base to $2.0 billion from [...]
Crescent Energy Company today released its second environmental, social and governance report discussing the Company's activities in 2021 and setting ambitious targets for ESG performance. The report includes benchmarks for measuring future performance, consistent with Crescent's commitment to aligning with the SASB and Task Force on Climate-related Financial Disclosures frameworks. The full report can be found at [...]
Crescent Energy Company today announced the pricing of an underwritten public offering of 5,000,000 shares of its Class A common stock, par value $0.0001 per share , at a price to the public of $15.00 per share, pursuant to a registration statement on Form S-1 filed previously with the U.S. Securities and Exchange Commission . The Class A common stock is being offered by Independence Energy Aggregator L.P., the direct [...]
Crescent Energy Company today announced the commencement of an underwritten public offering of 5,000,000 shares of its Class A common stock, par value $0.0001 per share , pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission . The Class A common stock is being offered by Independence Energy Aggregator L.P., the direct beneficial owner of the shares being offered and the [...]
Crescent Energy Company , , today announced financial and operating results for the second quarter of 2022 and a quarterly cash dividend of $0.17 per share. The Company plans to host a conference call and webcast to discuss the results at 10 a.m. CT, Wednesday, August 10, 2022. Details can be found in this release. Second Quarter 2022 Highlights Produced 142 MBoe/d, an 18% increase over the first quarter, primarily driven [...]
Crescent Energy Company today announced plans to host a conference call and webcast to discuss its second quarter 2022 financial and operating results at 10 a.m. CT, on Wednesday, August 10, 2022. The Company plans to release results after market close on Tuesday, August 9, 2022. The earnings release and presentation for the second quarter 2022 results will be available on the company's website at [...]
Crescent Energy Company today announced financial and operating results for the first quarter of 2022 and increased its quarterly cash dividend by 40% to $0.17 per share. The Company plans to host a conference call and webcast to discuss the results at 10 a.m. CT, Wednesday, May 11, 2022. Details can be found in this release. Recent Highlights Produced 120 MBoe/d and incurred $85 million of capital Generated $406 million [...]
Crescent Energy today announced plans to host a conference call and webcast to discuss its first quarter 2022 financial and operating results at 10 a.m. CT, on Wednesday, May 11, 2022. The Company plans to release results after market close on Tuesday, May 10, 2022. The earnings release and presentation for the first quarter 2022 results will be available on the company's website at https://ir.crescentenergyco.com [...]
Crescent Energy Company today announced the closing of its previously announced acquisition of Uinta Basin assets. Total cash consideration at closing was approximately $690 million. Crescent CEO David Rockecharlie said, "We are excited to close this highly accretive transaction and expand our Rockies position. We were able to acquire these assets at a compelling valuation while maintaining our financial strength and [...]
Crescent Energy Company today announced actual and pro forma financial and operational results for 2021 and declared a quarterly cash dividend of $0.12 per share, payable on March 31, 2022, to holders of record on March 18, 2022. Crescent plans to host a conference call and webcast to discuss these results, as well as its 2022 outlook at 10 a.m. CT, Thursday, March 10. Complete details are available within this release [...]
Crescent Energy today announced plans to host a conference call and webcast to discuss its full-year 2021 financial and operating results at 10 a.m. CT, on Thursday, March 10, 2022. The Company plans to release results after market close on Wednesday, March 9, 2022. The earnings release and presentation for the full-year 2021 results will be available on the company's website at https://ir.crescentenergyco.com. Conference [...]