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Crescent Energy Company
10 articles mentioning Crescent Energy Company
Crescent Absorbs Vital in a Scale-First Consolidation Bet
Crescent Energy is making its biggest move yet in its “growth through acquisition” strategy, agreeing to acquire Vital Energy in an all-stock deal that would create a larger, multi-basin operator built around free cash flow durability,...
Crescent Energy Company First Quarter 2023 Results
Crescent Energy Company announced first quarter 2023 results. Highlights Reported $256 million of net income and $54 million of Adjusted Net Income(1) Generated $232 million of Adjusted EBITDAX(1) and $240 million of Operating Cash Flow Produced...
Crescent Energy 4Q, Full Year 2022 Results; Maintenance Capital for 2023
Crescent Energy Company announced its financial and operating results for the fourth quarter and full year 2022 as well as its 2023 guidance. 2023 Outlook Crescent's 2023 outlook is in-line with the Company's historical focus on...
Crescent Energy Co. Second Quarter 2022 Results
Crescent Energy Co. announced financial and operating results for the second quarter of 2022 and a quarterly cash dividend of $0.17 per share. Second Quarter 2022 Highlights: Produced 142 MBoe/d, an 18% increase over the first...
Crescent Energy Co. First Quarter 2022 Results
Crescent Energy Co. announced financial and operating results for the first quarter of 2022 and increased its quarterly cash dividend by 40% to $0.17 per share. Recent Highlights: Produced 120 MBoe/d (54% liquids) and incurred $85...
Crescent Energy Wraps Up $690MM Acquisition of Uinta Basin Assets
Crescent Energy Co. 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...
Crescent Energy Fourth Quarter, Full Year 2021 Results
Crescent Energy Co. announced actual and pro forma financial and operational results for 2021. Pro forma 2021 financial and operational results are related to the business combination (the "Contango Merger") between Independence Energy LLC ("Independence") and...
Crescent Energy Unveils Eagle Ford-Focused 2022 Capex, D&C Program
Crescent Energy Co. provided initial 2022 guidance as well as its proved reserves and hedge portfolio. 2022 Guidance Capex: $375-425 million Production: 114-124 MBOEPD D&C Plans: 32-38 gross wells TIL Crescent's 2022 capital program is allocated...
Crescent Energy Co. Talks Pro Forma Q3 Results
Crescent Energy Co. announced pro forma 3Q21 results related to the business combination between Independence Energy LLC and Contango Oil & Gas Co. Highlights and Recent Developments: Formed Crescent Energy on December 7, 2021 with the...
Independence, Contango Finalize Merger; Rebrand as PE-Backed Crescent Energy Co.
Contango Oil & Gas Company has finalized its merger with Independence Energy Corp., and the new entity has rebranded as Crescent Energy Company. Crescent is backed by PE firm KKR. Crescent's Class A common stock will...