{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-187014","form_type":"8-K","ticker":"CRGY","cik":"0001866175","company_name":"Crescent Energy Co","filed_at":"2025-08-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.440670+00:00","generated_at":"2026-05-17T10:20:37.679706+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Crescent Energy to acquire Vital Energy in all-stock transaction valued at $3.1B","bullets":["All-stock acquisition values Vital at ~$3.1B inclusive of net debt; Vital shareholders get 1.9062 Crescent shares per Vital share.","Pro forma ownership: Crescent shareholders 77%, Vital shareholders 23%; deal adds ~$90-100M annual synergies.","Crescent targets $1B non-core divestiture pipeline; combined company to be top 10 independent operator.","Transaction unanimously approved by both boards; targeted close by year-end 2025.","Crescent CEO David Rockecharlie to lead combined company; board expands to 12 with two Vital directors."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-187014","json":"https://secwatch.observer/filing/0001193125-25-187014.json","markdown":"https://secwatch.observer/filing/0001193125-25-187014.md","text":"https://secwatch.observer/filing/0001193125-25-187014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866175/000119312525187014/0001193125-25-187014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866175/000119312525187014/d121636d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T10:20:37.679706+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}