We are pleased to announce that Crescent Energy has entered into an agreement to acquire Vital Energy. This transaction delivers compelling value for all shareholders, establishing a top 10 independent with scaled assets across three premier basins. The combined company is positioned to generate significant free cash flow, supported by a strong balance sheet, peer-leading return of capital program and a deep opportunity set for continued growth through disciplined, returns-driven M&A. We remain committed to building Crescent into a leading energy company grounded in safety, responsibility and operational excellence. Learn more about the transaction here: https://lnkd.in/g3Gs64QR
Zachary Broadhead
11mo
Another one. Seems they seem to be acquiring another company every other day. Glad I do regular work for them because they keep us pretty busy
Martin M Suarez
11mo
Great news!
Jefrizal .
10mo
Congratulations to Crescent Energy on acquiring Vital Energy—an impressive milestone that strengthens your position as a leading independent in the energy sector.
Scott Coco
10mo
Congrats to all involved!
Yvonne Roper
10mo
Congrats to them
Maynard Holt
10mo
Congrats Brandi!
Stacy Salinas
10mo
Congratulations to all!
Been a consultant for Vital for a year now after they bought out Point Energy. Wondering what Crescents plans are for completions. Guess I better update my resume.