---
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"
generated_at: "2026-05-17T10:20:37.679706+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Crescent Energy to acquire Vital Energy in all-stock transaction valued at $3.1B

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-187014
- JSON: https://secwatch.observer/filing/0001193125-25-187014.json
- Plain text: https://secwatch.observer/filing/0001193125-25-187014.txt

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