M&A
confidence high
sentiment positive
materiality 0.65
Crescent Energy provides SilverBow reserves, audited financials post-merger close
Crescent Energy Co
- SilverBow proved reserves: 94.96 MMbo, 1.68 Tcf gas, 71.24 MMbbl NGL; PV10 of $2.67B as of Dec 31, 2023.
- SilverBow 2023 net income $297.7M on oil & gas sales of $652.4M; revenue down 13% YoY from $753.4M.
- Pro forma combined financials for Crescent as of June 30, 2024 filed; acquisition closed July 30, 2024.
- Merger consideration and other deal terms previously disclosed in original 8-K on August 2, 2024.