12 Apr 2024debt financing▼ Bad
Crescent amended its credit agreement, trimming its borrowing base from $2.0 billion to $1.7 billion while keeping elected commitments at $1.3 billion.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
10 Apr 2024substantial holder notice● Neutral
The Vanguard Group reported a Crescent Energy Co shareholding of 9,308,793 shares (10.16% of votes) in a periodic institutional filing.
3 Apr 2024director interest notice● Neutral
Crescent Energy Co director Bevin Brown received 14,311 shares as part of the equity award.
3 Apr 2024director interest notice● Neutral
Crescent Energy Co director Ellis L Mccain received 14,311 shares as part of the equity award.
3 Apr 2024substantial holder notice● Neutral
Independence Energy Aggregator L.P, Independence Energy Aggregator GP LLC, KKR Upstream Associates LLC, KKR Group Assets Holdings III L.P, KKR Financial Holdings LLC, KKR Group Assets III GP LLC, KKR Group Partnership L.P, KKR Group Holdings Corp, KKR Group Co. Inc, KKR & Co. Inc, KKR Management LLP, Henry R. Kravis, George R. Roberts reported a Crescent Energy Co shareholding of 29,706,850 shares (21.10% of votes) in a periodic institutional filing.
3 Apr 2024director interest notice● Neutral
Crescent Energy Co insider Pt Independence Energy Holdings LLC received 28,622 shares as part of the equity award.
3 Apr 2024director interest notice● Neutral
Crescent Energy Co director Robert G Gwin received 14,311 shares as part of the equity award.
3 Apr 2024director interest notice● Neutral
Crescent Energy Co director John C Goff received 25,492 shares as part of the equity award.
3 Apr 2024director interest notice● Neutral
Crescent Energy Co director Karen Jo Simon received 14,311 shares as part of the equity award.
3 Apr 2024director interest notice● Neutral
Crescent Energy Co officer Bo Shi acquired 22,361 shares and disposed of 1,624 in a set of related equity transactions.
3 Apr 2024director interest notice● Neutral
Crescent Energy Co director Erich Bobinsky received 14,311 shares as part of the equity award.
3 Apr 2024director interest notice● Neutral
Crescent Energy Co director Claire S Farley received 14,311 shares as part of the equity award.
28 Mar 2024debt financing▲ GoodMajor
Crescent refinanced its original 2021 formation-era notes: it issued new 7.625% senior notes due 2032 and used the proceeds, together with a tender offer, to redeem all outstanding 2026 notes, discharging the original 2021 indenture.
19 Mar 2024director interest notice● Neutral
Crescent Energy Co officer Brandi Kendall bought 488 shares on the open market at $11.08.
11 Mar 2024substantial holder notice● Neutral
Independence Energy Aggregator L.P, Independence Energy Aggregator GP LLC, KKR Upstream Associates LLC, KKR Group Assets Holdings III L.P, KKR Financial Holdings LLC, KKR Group Assets III GP LLC, KKR Group Partnership L.P, KKR Group Holdings Corp, KKR Group Co. Inc, KKR & Co. Inc, KKR Management LLP, Henry R. Kravis, George R. Roberts reported a Crescent Energy Co shareholding of 35,706,850 shares (25.40% of votes) in a periodic institutional filing.
8 Mar 2024securities registration● Neutral
Crescent Energy Co filed the final prospectus for a registered offering.
6 Mar 2024securities registration● Neutral
Crescent Energy Co filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
6 Mar 2024securities registration● Neutral
Crescent Energy Co filed the final prospectus for a registered offering.
13 Feb 2024substantial holder notice● Neutral
The Vanguard Group reported a Crescent Energy Co shareholding of 8,171,426 shares (9.22% of votes) in a periodic institutional filing.
6 Feb 2024substantial holder notice● Neutral
Teacher Retirement System of Texas reported a Crescent Energy Co shareholding of 8,029,515 shares (9.10% of votes) in a periodic institutional filing.
2 Feb 2024substantial holder notice● Neutral
BlackRock, Inc disclosed a new substantial Crescent Energy Co shareholding (6.80% of votes).
26 Dec 2023director interest notice● Neutral
Crescent Energy Co insider Erich Bobinsky disposed of 9,131 shares via option/appreciation-right settlement.
26 Dec 2023director interest notice● Neutral
Crescent Energy Co insider Bevin Brown disposed of 9,131 shares via option/appreciation-right settlement.
15 Dec 2023debt financing● Neutral
Crescent amended its credit agreement, reaffirming its $2.0 billion borrowing base and $1.3 billion elected commitments on unchanged pricing.
8 Dec 2023director interest notice● Neutral
Crescent Energy Co officer David C. Rockecharlie bought 20,000 shares on the open market at $11.32.
8 Dec 2023debt financing● Neutral
Crescent's finance subsidiary issued another $150 million of its 9.250% senior notes due 2028, bringing that series to $1.0 billion outstanding.
1 Dec 2023director interest notice● Neutral
Crescent Energy Co officer Brandi Kendall bought 1,140 shares on the open market.
1 Dec 2023director interest notice● Neutral
Crescent Energy Co officer David C. Rockecharlie bought 10,000 shares on the open market.
17 Nov 2023substantial holder notice● Neutral
Independence Energy Aggregator L.P, Independence Energy Aggregator GP LLC, KKR Upstream Associates LLC, KKR Group Assets Holdings III L.P, KKR Financial Holdings LLC, KKR Group Assets III GP LLC, KKR Group Partnership L.P, KKR Group Holdings Corp, KKR Group Co. Inc, KKR & Co. Inc, KKR Management LLP, Henry R. Kravis, George R. Roberts reported a Crescent Energy Co shareholding of 51,806,850 shares (36.30% of votes) in a periodic institutional filing.
15 Nov 2023director interest notice● Neutral
Crescent Energy Co officer David C. Rockecharlie bought 5,000 shares on the open market at $10.68.