HOUSTON--(BUSINESS WIRE)--Crescent Energy Finance LLC (“CE Finance”), a wholly owned subsidiary of Crescent Energy Company (“Crescent”) announced today that it has commenced a cash tender offer (the “Tender Offer”) to purchase any and all of the outstanding senior notes (the “Notes”) listed in the following table upon the terms and conditions described in CE Finance’s Offer to Purchase, dated March 19, 2024 (the “Offer to Purchase”). Issuer (1) Title of Security CUSIP Number Principal Amount ...

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“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 $700 million aggregate principal amount of Senior Notes due 2032 (the “Notes”). The Notes will be guaranteed on a senior unsecured bas ...

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (“Crescent” or the “Company”) (NYSE: CRGY) today announced the pricing of an underwritten public offering of 12,000,000 shares of its Class A common stock, par value $0.0001 per share (“common stock”), at a price to the public of $10.50 per share, pursuant to a registration statement on Form S-3 (the “Registration Statement”) filed on March 6, 2024 with the U.S. Securities and Exchange Commission (the “SEC”). The common stock is being offered by Independence ...

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (“Crescent” or the “Company”) (NYSE: CRGY) today announced the commencement of an underwritten public offering of 12,000,000 shares of its Class A common stock, par value $0.0001 per share (“common stock”). The common stock is being offered by Independence Energy Aggregator L.P. (the “Selling Stockholder”), the direct owner of the shares being offered and the entity through which certain unaffiliated limited partners and affiliated entities hold their intere ...

bjdlzx Crescent Energy (NYSE:CRGY) beat a lot of consensus forecasts with the current earnings report. At first, the market was pointing to things like hedging gains and other things that are not really valued. But coming right behind that is some solid operational gains mentioned in the conference call. The only thing the operational gains need is enough new wells for those effects to become material to the quarterly reporting. Since the unconventional business has a sharp first year decline rate, that mat ...

Crescent Energy Company (NYSE:CRGY) Q4 2023 Earnings Conference Call March 5, 2024 11:00 AM ET Company Participants Reid Gallagher - Principal, Investor Relations David Rockecharlie - Chief Executive Officer & Member-Board of Directors Brandi Kendall - Chief Financial Officer & Member, Board of Directors Clay Rynd - Executive Vice President, Investments Conference Call Participants Neal Dingmann - Truist Securities John Abbott - Bank of America Tarek Hamid - JPMorgan Hanwen Chang - Wells Fargo Securities Op ...

Disclaimer Strong Financial Performance • Consistent "beat and raise" • Every metric meeting or exceeding increased guidance (1) PV-10 is a non-GAAP measure. For a reconciliation to the comparable GAAP measure, see Appendix. Based on YE'23 reserves at YE'23 SEC pricing of $78.22 / bbl for oil and $2.64 / MMbtu for gas. (2) Quarterly cash dividend declared on March 4 is payable on March 28, 2024, to holders of record on March 15, 2024. Any payment of future dividends is subject to board approval and other fa ...

Crescent Energy (CRGY) reported $657.73 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 4%. EPS of $0.58 for the same period compares to $1.51 a year ago.The reported revenue represents a surprise of +12.60% over the Zacks Consensus Estimate of $584.12 million. With the consensus EPS estimate being $0.21, the EPS surprise was +176.19%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wa ...

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) today announced its fourth quarter and full year 2023 financial and operating results, as well as its 2024 capital budget and production outlook. Crescent’s earnings release and supplemental earnings presentation can be accessed via the Investor Relations section of Crescent’s website at https://ir.crescentenergyco.com. The Company’s fourth quarter and full year 2023 conference call is planned for 10 a.m. CT (11 a. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 600 Travis Street, Suite 7200 Houston, Texas 77002 (713) 337-4600 (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices) Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐ 1 Large accelerated filer ☐ Accelerated filer ☒ Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ ...