Crescent Energy acquires Vital Energy, becoming a top ten E&P company. All-stock transaction closed. Strong focus on cash flow and value creation.
Houston-based Crescent Energy Company (NYSE: CRGY) has completed the acquisition of Vital Energy, Inc. (NYSE: VTLE), establishing itself as a prominent independent E&P company. The all-stock deal solidifies Crescent's position as one of the top ten liquids-weighted independents in the industry. The company's strategic focus remains on generating free cash flow, prudent capital investment, and driving sustainable long-term value.
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