Crescent Energy Announces Rating Agency Upgrade streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Maintains Strong Financial Position with Reaffirmation of Revolving Credit Facility Terms
Completes Previously Announced Class A Share Conversion Increasing Public Float to 46%
Declares Cash Dividend of $0.12 per Share, Consistent with Return of Capital Framework
Continues Opportunistic Growth Through Western Eagle Ford Bolt-On Acquisition
. | May 10, 2023
Crescent Energy has entered into a definitive purchase agreement to acquire operatorship and incremental working interest in its existing Western Eagle Ford assets from Mesquite Energy for total consideration of $600 million in cash.