{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-065385","form_type":"8-K","ticker":"CRGY","cik":"0001866175","company_name":"Crescent Energy Co","filed_at":"2026-10-08T11:08:23+00:00","discovered_at":"2026-10-08T11:10:00.295870+00:00","generated_at":"2026-10-12T15:39:01.655049+00:00","sec_items":["1.01","2.02","8.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Crescent Energy to acquire Devon Eagle Ford assets for ~$3.85B; adds 68 Mboe/d and 600+ Tier 1 locations","bullets":["Purchase price $4.22B cash per the October 8, 2026 purchase and sale agreement with Devon (NYSE: DVN); press release cites estimated net price ~$3.85B after adjustments.","Adds ~68 Mboe/d net production (July 2026 run-rate 68 MBoe/d), 89k net acres 97% operated, 152 MMBoe proved reserves (79% oil/liquids), 600+ Tier 1 net locations.","Bridge credit facility up to $2.0B from JPMorgan Chase Bank dated Oct 8, 2026 funds the all-cash deal; closing expected Q4 2026 or early 2027 pending regulatory approvals.","Pro forma reserves rise to 1,127.3 net MMBoe (63% liquids) from 975.5 net MMBoe; combined NYMEX PV-10 $13.5B vs Crescent standalone $10.5B.","2026 capex guided ~$1.75B including Devon assets; 2025 Adjusted EBITDAX $2.1B; pro forma for Transactions Adjusted EBITDAX $4.1B and net loss $373.6M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-065385","json":"https://secwatch.observer/filing/0001628280-26-065385.json","markdown":"https://secwatch.observer/filing/0001628280-26-065385.md","text":"https://secwatch.observer/filing/0001628280-26-065385.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866175/000162828026065385/0001628280-26-065385-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866175/000162828026065385/crgy-20261008.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T15:39:01.655049+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"}