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Crescent Energy Co

NYSE:CRGY
US$13.47Close 7 Oct 2026 · delayed

Past year: ▲ 60%(8.39 – 13.69 USD)

Market cap
A$6.30bn
Shares on issue
330m
Story beats
21 since 2021
Last event
15 Dec 2025

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

22 May 2026debt financing● Neutral

Crescent amended its credit agreement for the fifteenth time since 2021, part of routine ongoing facility maintenance.

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2 Jan 2026debt financing● Neutral

Following the Vital merger, Crescent's finance subsidiary completed exchange offers swapping most of the legacy Vital 2029 and 2030 senior notes for newly issued Crescent notes with matching terms, folding Vital's debt into Crescent's own capital structure.

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15 Dec 2025business combination▲ GoodMajor

Crescent completed its merger with Vital Energy, converting each Vital share into 1.9062 Crescent shares and forming a top-10 independent E&P spanning the Eagle Ford, Permian and Uinta basins.

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15 Dec 2025merger communication● Neutral

Crescent filed a final Rule 425 communication as the Vital Energy merger reached completion.

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12 Dec 2025merger communication● Neutral

Crescent filed a Rule 425 communication ahead of the Vital Energy merger's expected closing.

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1 Dec 2025merger communication● Neutral

Crescent filed Rule 425 communications regarding the pending Vital Energy merger.

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5 Nov 2025merger communication● Neutral

Crescent filed Rule 425 communications regarding the pending Vital Energy merger.

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5 Nov 2025business combination● Neutral

Crescent furnished pro forma financials showing the combined impact of its completed Ridgemar and SilverBow acquisitions alongside its still-pending Vital Energy merger.

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4 Nov 2025merger communication● Neutral

Crescent filed Rule 425 communications regarding the pending Vital Energy merger.

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24 Oct 2025merger communication● Neutral

Crescent filed Rule 425 communications regarding the pending Vital Energy merger.

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24 Oct 2025debt financing● Neutral

Crescent amended its credit agreement for the thirteenth time since 2021, part of routine ongoing facility maintenance.

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22 Oct 2025business combination● Neutral

The amendment fixed the voting timetable for the Vital Energy merger -- Crescent's record date 16 October 2025, Vital's 22 October -- and priced the 1.9062 exchange ratio against current market rather than the August signing date. Terms unchanged in the cached text; the deal moved from drafted to scheduled.

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22 Oct 2025merger communication● Neutral

Crescent filed a Rule 425 communication regarding the pending Vital Energy merger.

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19 Sept 2025business combination● NeutralMajor

Registration statement for Crescent's all-stock purchase of Vital Energy: 1.9062 Crescent Class A shares per Vital share, about $18.95 a share at the August 24, 2025 signing, leaving Vital holders with roughly 23% of the enlarged company and no appraisal rights. Break fees run $76.9 million against Crescent and $22.5 million against Vital, and the filing flags that the deal triggers change-of-control rights under all three of Vital's note issues if the ratings agencies downgrade them.

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26 Aug 2025merger communication● Neutral

Crescent filed another Rule 425 communication regarding the Vital Energy merger.

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25 Aug 2025business combination▲ GoodMajor

Crescent agreed to acquire Vital Energy in an all-stock deal valued at about $3.1 billion including net debt, with a voting agreement locking up the sponsor group's Crescent shares in support of the deal.

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25 Aug 2025merger communication● Neutral

Crescent filed another Rule 425 communication regarding the Vital Energy merger.

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25 Aug 2025merger communication● Neutral

Crescent filed a Rule 425 communication in connection with the newly announced Vital Energy merger.

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25 Aug 2025business combination▲ GoodMajor

Crescent and Vital Energy announced the merger publicly: Vital shareholders will receive 1.9062 Crescent shares per Vital share (a 5% premium to trailing VWAP), with former Vital holders ending up owning about 23% of the combined, top-10 independent E&P.

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25 Aug 2025merger communication● Neutral

Crescent filed another Rule 425 communication regarding the Vital Energy merger.

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11 July 2025debt financing● NeutralMajor

Crescent's finance subsidiary issued $600 million of unsecured 8.375% notes due 2034 - dearer than the 7.625% notes it sold in 2024 but well below the 9.25% it was paying in 2023 - guaranteed by the same subsidiaries that back its bank facility, with the listed parent not on the hook.

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31 Jan 2025asset acquisition disposition▲ GoodMajor

Crescent completed its acquisition of Ridgemar (Eagle Ford) LLC for $830 million cash plus about 5.45 million Crescent shares, with up to $170 million more payable as an oil-price-linked earn-out through 2027.

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20 Dec 2024debt financing● Neutral

Crescent amended its credit agreement for the eleventh time since 2021, part of its routine ongoing facility maintenance.

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13 Dec 2024debt financing● Neutral

Crescent's finance subsidiary issued an additional $400 million of its 7.625% senior notes due 2032, adding two more post-merger subsidiaries as guarantors.

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9 Sept 2024debt financing● Neutral

Now including SilverBow's operating subsidiaries as note guarantors, Crescent's finance subsidiary issued an additional $250 million of 7.375% senior notes due 2033.

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2 Aug 2024business combination▲ GoodMajor

Crescent completed its merger with SilverBow Resources: each SilverBow share converted, by election, into either 1.866 Crescent shares plus $15.31 cash, $38.00 cash outright, or 3.125 Crescent shares, creating one of the largest operators in the Eagle Ford.

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29 July 2024merger communication▲ GoodMajor

Crescent shareholders overwhelmingly approved the stock issuance for the SilverBow merger (about 99.94% of votes cast), clearing the way for the deal to close the next day.

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25 July 2024merger communication● Neutral

Crescent filed another Rule 425 communication ahead of the SilverBow merger shareholder votes.

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19 July 2024merger communication● Neutral

Crescent filed another Rule 425 communication ahead of the SilverBow merger shareholder votes.

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17 July 2024merger communication● Neutral

Crescent filed a Rule 425 communication ahead of the SilverBow merger shareholder votes.

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