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Crescent Energy to Acquire Vital Energy in a Deal Worth $3.1 Billion
ZACKS·2025-08-26 23:01

Key Takeaways Crescent Energy is acquiring Vital Energy in a 3.1Ball−stocktransaction,includingdebt.CRGYexpects3.1B all-stock transaction, including debt.CRGY expects 90-100Minannualsynergiesandaimsforstrongershareholderreturns.CRGYwillconsolidateassetsacrossEagleFord,Permian,andUintaBasinswith10+yearsofinventory.CrescentEnergyCompany (CRGY),anindependentoilandgascompany,announcedthatithasenteredintoanagreementtoacquireVitalEnergy,Inc.(VTLE)inanall−stocktransactionvaluedat100M in annual synergies and aims for stronger shareholder returns.CRGY will consolidate assets across Eagle Ford, Permian, and Uinta Basins with 10+ years of inventory.Crescent Energy Company (CRGY) , an independent oil and gas company, announced that it has entered into an agreement to acquire Vital Energy, Inc. (VTLE) in an all-stock transaction valued at 3.1 billion, including Vita ...