secwatch.observer — SEC 8-K summary
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Issuer:     Crescent Energy Co (CRGY)
CIK:        0001866175
Form:       8-K
Filed at:   2025-01-31T23:59:59+00:00
Accession:  0001628280-25-003335
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.01, 3.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866175/000162828025003335/0001628280-25-003335-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866175/000162828025003335/crgy-20250131.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-003335

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer