In the latest trading session, Crescent Energy (CRGY) closed at $11.67, marking a -1.52% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 1.46%. Elsewhere, the Dow lost 1.24%, while the tech-heavy Nasdaq lost 1.63%.Coming into today, shares of the oil and gas company had gained 8.12% in the past month. In that same time, the Oils-Energy sector gained 8.14%, while the S&P 500 gained 1.6%.Investors will be eagerly watching for the performance of Crescent Energy in its ...

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“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 $700 million aggregate principal amount of 7.625% Senior Notes due 2032 (the “Notes”). The Notes mature on April 1, 2032 and pay interest at the rate of 7.62 ...

Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, par value $0.0001 per share CRGY New York Stock Exchange Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): March 19, 2024 Houston, Texas 77002 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, including Area Code: (713) 337-4600 ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR ...

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 ...