---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-144997"
form_type: "8-K"
ticker: "CRGY"
cik: "0001866175"
company_name: "Crescent Energy Co"
filed_at: "2024-05-22T23:59:59+00:00"
generated_at: "2026-06-01T09:51:50.527555+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Crescent Energy receives positive ratings agency actions after $2.1B SilverBow acquisition announcement

## Summary
- Moody's affirmed Ba3 CFR and stable outlook; S&P affirmed B+ and revised outlook to Positive; Fitch placed B+ IDR on Rating Watch Positive.
- S&P cited increased size, scale, and lower pro-forma cost structure; Fitch noted compelling strategic rationale and balance sheet strength.
- Acquisition valued at ~$2.1B; SilverBow shareholders may elect $38/share cash (up to $400M) or 3.125 Crescent shares per SilverBow share.
- Transaction expected to close by end of Q3 2024, subject to shareholder and regulatory approvals.

## SEC filing metadata
- accession: 0001193125-24-144997
- form_type: 8-K
- ticker: CRGY
- cik: 0001866175
- company_name: Crescent Energy Co
- filed_at: 2024-05-22T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866175/000119312524144997/0001193125-24-144997-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866175/000119312524144997/d822887d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-144997
- JSON: https://secwatch.observer/filing/0001193125-24-144997.json
- Plain text: https://secwatch.observer/filing/0001193125-24-144997.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.