Businesswire·2025-11-03 21:20Core Insights - Crescent Energy Company announced its financial and operational results for the third quarter of 2025, with a conference call scheduled for November 4, 2025 [1][5] - The company is focused on delivering shareholder value through a disciplined growth strategy and consistent capital returns, with operations primarily in Texas and the Rocky Mountain region [2] Financial Highlights - Crescent Energy successfully completed its fall borrowing base redetermination, increasing its borrowing base by 50% under its reserve-based revolving credit facility, reflecting strong support from its bank syndicate [4] - The elected commitment amount for the credit facility was reaffirmed at $2.0 billion [4] Strategic Developments - Crescent Energy announced a definitive agreement to acquire Vital Energy in an all-stock transaction valued at approximately $3.1 billion, including Vital's net debt, which will position Crescent among the top 10 independent energy companies [6]