CRGY Stock Recent News

In the closing of the recent trading day, Crescent Energy (CRGY) stood at $8.22, denoting a -1.44% move from the preceding trading day.

SM offers stronger valuation and better ROE than CRGY, while CRGY beats SM in one-year price performance, despite shale sector headwinds.

Crescent Energy may benefit from a Fed rate cut, but falling oil prices and global tensions could temper gains.

Raymond James analyst John Freeman raised the firm's price target on Crescent Energy (CRGY) to $17 from $14 and keeps a Strong Buy rating on the shares following Crescent's agreement to acquire Vital Energy (VTLE) in an all-stock deal. The transaction establishes Crescent as "a top 10 liquids-weighted E&P based on production," according to the analyst, who is forecasting 2026 production of 375.2 Mboe/d. Crescent Energy -0.52 (-5.45%) Vital Energy -1.31 (-7.25%) 04 Dec

CRGY is set to acquire VTLE in a $3.1B all-stock deal, expanding its reach in key U.S. shale basins.

The combined company will be one of the 10 largest independent oil and gas producers in the U.S.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Crescent Energy Company (NYSE: CRGY) and Vital Energy, Inc. is fair to Crescent shareholders. Halper Sadeh encourages Crescent shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Crescent and its board violated t.

U.S. shale producer Crescent Energy said on Monday it would acquire smaller peer Vital Energy in an all-stock deal valued at $3.1 billion, including debt.

HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) and Vital Energy, Inc. (NYSE: VTLE) (“Vital”), today announced that they have entered into a definitive agreement (the “Merger Agreement”) pursuant to which Crescent will acquire Vital in an all-stock transaction valued at approximately $3.1 billion, inclusive of Vital's net debt (the “Transaction”). The Transaction will establish a top 10 independent with a consistent and free cash flow focused strateg.

Crescent Energy is in advanced talks to acquire smaller peer Vital Energy , people familiar with the matter said on Friday, in a deal that will bolster the energy producer's position in the Permian Basin.