Crescent Energy: A Successful Example Of Divestitures And New Acquisitions

Core Insights - Crescent Energy (CRGY) is focused on oil and gas exploration and production in the United States, primarily operating in the Eagle Ford Basin in Texas and the Uinta Basin [1] Company Overview - Crescent Energy is an American company dedicated to the exploration and production of oil and gas [1] - The company operates mainly in the Eagle Ford Basin in Texas and the Uinta Basin [1] Investment Focus - The company is characterized by sustained free cash flows, low levels of leverage, and sustainable debt over time [1] - It targets companies in distress with high recovery potential, particularly in sectors like oil & gas, metals, and mining [1] - Crescent Energy is positioned in emerging markets, showing high margins and medium to long-term investment opportunities [1] Shareholder Value - The company maintains a solid pro-shareholder attitude, with sustained buyback programs and dividend distributions [1]