Crescent Energy Company Class A Common Stock (CRGY)
15.06
-0.39 (-2.52%)
Crescent Energy Closes Accretive Central Eagle Ford Bolt-On
Crescent Energy Company (NYSECRGY) (“Crescent” or the “Company”), today announced the closing of its acquisition of Central Eagle Ford assets from Ridgemar Energy for upfront consideration of $905 million, consisting of $830 million in cash and 5,454,546 shares of Class A common stock, plus future oil price contingent consideration, subject to customary purchase price adjustments. Crescent plans to provide 2025 guidance reflecting the acquisition along with its fourth quarter and full year 2024 financial and operating results.
By Crescent Energy · Via Business Wire · January 31, 2025
Crescent Energy Announces Pricing of Upsized $400 Million Private Placement of Additional 7.625% Senior Notes Due 2032
Crescent Energy Company (NYSECRGY) (“we” or “our”) announced today that its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) has priced its previously announced private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers of $400 million aggregate principal amount of 7.625% Senior Notes due 2032 (the “Additional Notes” and, together with the Existing Notes (as defined below), the “Notes”). The size of this offering was increased from the previously announced $300 million to $400 million. The Notes mature on April 1, 2032 and pay interest at the rate of 7.625% per year, payable on April 1 and October 1 of each year, with interest payments on the Additional Notes commencing on April 1, 2025. The Additional Notes were priced at 100.250% of par, plus accrued and unpaid interest from October 1, 2024.
By Crescent Energy · Via Business Wire · December 4, 2024
Crescent Energy Announces Offering of $300 Million Private Placement of Additional 7.625% Senior Notes Due 2032
Crescent Energy Company (NYSECRGY) (“we” or “our”) announced today that, subject to market conditions, its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) intends to offer for sale in a private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers of $300 million aggregate principal amount of 7.625% Senior Notes due 2032 (the “Additional Notes” and, together with the Existing Notes (as defined below), the “Notes”). The Additional Notes are being offered as additional notes under the indenture dated as of March 26, 2024, as supplemented (the “Indenture”), pursuant to which the Issuer has previously issued $700 million aggregate principal amount of 7.625% Senior Notes due 2032 (the “Existing Notes”). The Additional Notes will have substantially identical terms, other than the issue date, the first interest payment date and the initial offering price, as the Existing Notes, and the Additional Notes and the Existing Notes will be treated as a single series of securities under the Indenture and will vote together as a single class. The Notes mature on April 1, 2032 and pay interest at the rate of 7.625% per year, payable on April 1 and October 1 of each year, with interest payments on the Additional Notes commencing on April 1, 2025.
By Crescent Energy · Via Business Wire · December 4, 2024
Crescent Energy Company Announces Pricing of Upsized Public Offering of Class A Common Stock
Crescent Energy Company (“Crescent” or the “Company”) (NYSECRGY) today announced the pricing of an underwritten, upsized public offering of 21,500,000 shares of its Class A common stock, par value $0.0001 per share (“Class A common stock”), at a price to the public of $14.00 per share, pursuant to an effective shelf registration statement on Form S-3 (the “Registration Statement”) filed previously with the U.S. Securities and Exchange Commission (the “SEC”). The 21,500,000 share offering represents a 3,500,000 share upsize to the originally proposed 18,000,000 share offering.
By Crescent Energy · Via Business Wire · December 3, 2024
Crescent Energy Company Announces Public Offering of Class A Common Stock
Crescent Energy Company (“Crescent” or the “Company”) (NYSECRGY) today announced the commencement of an underwritten public offering of 18,000,000 shares of its Class A common stock, par value $0.0001 per share (“Class A common stock”), pursuant to an effective shelf registration statement on Form S-3 (the “Registration Statement”) filed previously with the U.S. Securities and Exchange Commission (the “SEC”).
By Crescent Energy · Via Business Wire · December 3, 2024
Crescent Energy Announces Accretive Central Eagle Ford Bolt-On
Crescent Energy Company (NYSECRGY) (“Crescent” or the “Company”) today announced the signing of a definitive agreement to acquire Eagle Ford assets from Ridgemar Energy for upfront consideration of $905 million plus future oil price contingent consideration, subject to customary purchase price adjustments. The acquisition is directly offset Crescent’s core Central Eagle Ford position and builds upon its significant acquisition activity in the Eagle Ford over the past 18 months, totaling more than $4 billion of accretive M&A. The transaction, which has an effective date of October 1, is expected to close in the first quarter of 2025, subject to customary closing conditions. Additional details have been posted on Crescent’s website at www.crescentenergyco.com.
By Crescent Energy · Via Business Wire · December 3, 2024
Crescent Energy Reports Third Quarter 2024 Results
Crescent Energy Company (NYSECRGY) (“Crescent” or the “Company”) today announced financial and operating results for the third quarter of 2024. Crescent’s earnings release and supplemental earnings presentation can be found at www.crescentenergyco.com.
By Crescent Energy · Via Business Wire · November 4, 2024
Crescent Energy Schedules Third Quarter 2024 Earnings Release and Conference Call
Crescent Energy Company (NYSECRGY) today announced plans to host a conference call and webcast at 10 a.m. CT, on Tuesday, November 5, 2024, to discuss its third quarter 2024 financial and operating results. The Company plans to release results after market close on Monday, November 4, 2024. The release and supplemental slides will be available on the company’s website at www.crescentenergyco.com.
By Crescent Energy · Via Business Wire · October 22, 2024
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Via MarketBeat · October 12, 2024
Crescent Energy Announces Pricing of $250 Million Private Placement of Additional 7.375% Senior Notes Due 2033
Crescent Energy Company (NYSECRGY) (“we” or “our”) announced today that its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) has priced its previously announced private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers of $250 million aggregate principal amount of 7.375% Senior Notes due 2033 (the “Notes”). The Notes mature on January 15, 2033 and pay interest at the rate of 7.375% per year, payable on January 15 and July 15 of each year, with interest payments on the Notes commencing on January 15, 2025. The Notes were priced at 101% of par, plus accrued and unpaid interest from June 14, 2024. The Issuer intends to use the net proceeds from this offering to repay a portion of the amounts outstanding under its revolving credit facility. This offering is expected to close on September 9, 2024, subject to customary closing conditions.
By Crescent Energy · Via Business Wire · September 4, 2024
Crescent Energy Announces Offering of $250 Million Private Placement of Additional 7.375% Senior Notes Due 2033
Crescent Energy Company (NYSECRGY) (“we” or “our”) announced today that, subject to market conditions, its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) intends to offer for sale in a private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers $250 million aggregate principal amount of 7.375% Senior Notes due 2033 (the “Notes”). The Notes are being offered as additional notes under the indenture dated as of June 14, 2024, as previously supplemented (the “Indenture”), pursuant to which the Issuer has previously issued $750 million aggregate principal amount of 7.375% Senior Notes due 2033 (the “Existing Notes”). The Notes will have substantially identical terms, other than the issue date and issue price, as the Existing Notes, and the Notes and the Existing Notes will be treated as a single series of securities under the Indenture and will vote together as a single class. The Notes mature on January 15, 2033 and pay interest at the rate of 7.375% per year, payable on January 15 and July 15 of each year, with interest payments on the Notes commencing on January 15, 2025. The Issuer intends to use the net proceeds from this offering to repay a portion of the amounts outstanding under its revolving credit facility.
By Crescent Energy · Via Business Wire · September 4, 2024
Crescent Energy Announces Complementary Central Eagle Ford Bolt-On
Crescent Energy Company (NYSECRGY) (“Crescent” or the “Company”) today announced the signing of a definitive agreement to acquire assets from a private Eagle Ford operator for total cash consideration of $168 million, subject to customary purchase price adjustments. The acquisition is directly offset Crescent’s existing Central Eagle Ford footprint and builds upon its significant acquisition activity in the Eagle Ford over the past 18 months, including the recently closed acquisition of SilverBow Resources Inc. The transaction, which has an effective date of May 1, is expected to close in September 2024, subject to customary closing conditions. Additional details have been posted on Crescent’s website at www.crescentenergyco.com.
By Crescent Energy · Via Business Wire · September 4, 2024
Crescent Energy Reports Second Quarter 2024 Results
Crescent Energy Company (NYSECRGY) (“Crescent” or the “Company”) today announced financial and operating results for the second quarter of 2024. Crescent’s earnings release and supplemental earnings presentation can be accessed via the Investor Relations section of Crescent’s website at www.crescentenergyco.com.
By Crescent Energy · Via Business Wire · August 5, 2024
Crescent Energy Closes Transformative Acquisition of SilverBow Resources
Crescent Energy Company (NYSECRGY) ("Crescent" or the "Company"), today announced the closing of its acquisition of SilverBow Resources, Inc. (“SilverBow”). The transaction was closed ahead of schedule, and Crescent plans to provide pro forma second half 2024 guidance reflecting the acquisition, as well as issue its second quarter 2024 financial and operating results, after market close on August 5, 2024. A conference call is planned for August 6, 2024.
By Crescent Energy · Via Business Wire · July 30, 2024
Crescent Stockholders Overwhelmingly Approve Merger with SilverBow Resources
Crescent Energy Company (NYSECRGY) (“Crescent” or the “Company”), today announced it received overwhelming stockholder approval for the issuance of Crescent Class A common stock in connection with its proposed merger (the “Merger”) with SilverBow Resources Inc. NYSE: SBOWNYSESBOW)
By Crescent Energy · Via Business Wire · July 29, 2024
Crescent Energy and SilverBow Resources Announce Preliminary Results for Election of Form of Merger Consideration
By Crescent Energy · Via Business Wire · July 25, 2024
Crescent Energy Schedules Second Quarter 2024 Earnings Release and Conference Call
Crescent Energy Company (NYSECRGY) today announced plans to host a conference call and webcast at 10 a.m. CT, on Tuesday, August 6, 2024 to discuss its second quarter 2024 financial and operating results. The Company plans to release results after market close on Monday, August 5, 2024. The release and supplemental slides will be available on the company’s website at www.crescentenergyco.com.
By Crescent Energy · Via Business Wire · July 23, 2024
Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Crescent Energy and SilverBow Resources Shareholders Vote “FOR” Proposed Merger
Crescent Energy Company (NYSECRGY) (“Crescent” or the “Company”), today announced that leading independent proxy advisory firms, Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”), recommend that Crescent shareholders vote “FOR” the approval of the issuance of shares of Crescent Class A common stock in connection with the Company’s pending merger with SilverBow Resources, Inc. NYSE: SBOWNYSESBOW)
By Crescent Energy · Via Business Wire · July 18, 2024
Crescent Energy and SilverBow Resources Announce Election Deadline for SilverBow Resources Stockholders to Elect Form of Merger Consideration
By SilverBow Resources, Inc. · Via Business Wire · July 17, 2024
Crescent Energy and SilverBow Resources Announce Expiration of Hart-Scott-Rodino Act Waiting Period
Crescent Energy Company (NYSECRGY) ("Crescent" or the "Company") and SilverBow Resources, Inc. NYSE: SBOWNYSESBOW)
By Crescent Energy · Via Business Wire · July 2, 2024
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Alimera Sciences, Inc. (Nasdaq - ALIM), Avangrid, Inc. (NYSE - AGR), SilverBow Resources, Inc. (NYSE - SBOW), Reneo Pharmaceuticals, Inc. (Nasdaq - RPHM)
BALA CYNWYD, Pa., June 25, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
By Brodsky & Smith LLC · Via GlobeNewswire · June 25, 2024
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Avangrid, Inc. (NYSE - AGR), SilverBow Resources, Inc. (NYSE - SBOW), Reneo Pharmaceuticals, Inc. (Nasdaq - RPHM), Perficient, Inc. (Nasdaq - PRFT)
BALA CYNWYD, Pa., June 18, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
By Brodsky & Smith LLC · Via GlobeNewswire · June 18, 2024
Crescent Energy Announces Pricing of $750 Million Private Placement of 7.375% Senior Notes Due 2033
Crescent Energy Company (NYSECRGY) (“we” or “our”) announced today that its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) has priced its previously announced offer pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers of $750 million aggregate principal amount of 7.375% Senior Notes due 2033 (the “Notes”). The Notes mature on January 15, 2033 and pay interest at the rate of 7.375% per year, payable on January 15 and July 15 of each year. The first interest payment on the Notes will be made on January 15, 2025. The Notes were priced at par. The Notes will be guaranteed on a senior unsecured basis by all of the Issuer’s subsidiaries that guarantee its existing notes and the indebtedness under its revolving credit facility (the “revolving credit facility”). This offering is expected to close on June 14, 2024, subject to customary closing conditions.
By Crescent Energy · Via Business Wire · June 13, 2024
Crescent Energy Announces Offering of $750 Million Private Placement of Senior Notes Due 2033
Crescent Energy Company (NYSECRGY) (“we” or “our”) announced today that, subject to market conditions, its indirect subsidiary Crescent Energy Finance LLC (the “Issuer”) intends to offer for sale pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers, $750 million aggregate principal amount of Senior Notes due 2033 (the “Notes”). The Notes will be guaranteed on a senior unsecured basis by all of the Issuer’s subsidiaries that guarantee the Issuer’s existing notes and the indebtedness under its revolving credit facility (the “revolving credit facility”).
By Crescent Energy · Via Business Wire · June 13, 2024
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Avangrid, Inc. (NYSE - AGR), SilverBow Resources, Inc. (NYSE - SBOW), Reneo Pharmaceuticals, Inc. (Nasdaq - RPHM), Perficient, Inc. (Nasdaq - PRFT)
BALA CYNWYD, Pa., June 07, 2024 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
By Brodsky & Smith LLC · Via GlobeNewswire · June 7, 2024