---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-003335"
form_type: "8-K"
ticker: "CRGY"
cik: "0001866175"
company_name: "Crescent Energy Co"
filed_at: "2025-01-31T23:59:59+00:00"
generated_at: "2026-05-27T04:50:18.721240+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Crescent Energy closes $905M Ridgemar Eagle Ford acquisition with $830M cash and stock

## Summary
- Upfront consideration of $905M: $830M cash plus 5,454,546 shares of Class A common stock.
- Up to $170M in earn-out consideration based on NYMEX WTI crude oil prices in 2026-2027.
- CEO Rockecharlie calls deal accretive, scaling core Eagle Ford position and extending low-risk inventory.
- Crescent plans to issue 2025 guidance along with Q4 and full-year 2024 results reflecting the acquisition.
- Financial statements and pro forma financials to be filed within 71 days of closing.

## SEC filing metadata
- accession: 0001628280-25-003335
- form_type: 8-K
- ticker: CRGY
- cik: 0001866175
- company_name: Crescent Energy Co
- filed_at: 2025-01-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866175/000162828025003335/0001628280-25-003335-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866175/000162828025003335/crgy-20250131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-003335
- JSON: https://secwatch.observer/filing/0001628280-25-003335.json
- Plain text: https://secwatch.observer/filing/0001628280-25-003335.txt

## Key facts
- M&A Transactions
  Crescent Energy Co completed an acquisition involving Ridgemar Energy Operating, LLC for $830 million in cash and 5,454,546 shares of Class A Common Stock (closed 2025-01-31).
  - Action: acquisition
  - Counterparty: Ridgemar Energy Operating, LLC
  - Consideration: $830 million in cash and 5,454,546 shares of Class A Common Stock
  - Closing: 2025-01-31
  source text: defined will have the meanings ascribed to them in the Purchase Agreement. Pursuant to the Purchase Agreement, the Seller received aggregate consideration consisting of (i) $830 million in cash (the “Cash Consideration”), and (ii) 5,454,546 shares of Class A Common Stock, par value $0.0001 per share (“Class A Common Stock”) of the Company (the “Stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866175/000162828025003335/0001628280-25-003335-index.htm

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