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Crescent Energy prices 80,000,000-share follow-on offering at $12.50 per share
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Crescent Energy prices 80,000,000-share follow-on offering at $12.50 per share
  • Crescent Energy priced an underwritten public offering of 80,000,000 Class A common shares at $12.50 per share.
  • Net proceeds earmarked to fund part of cash consideration for the planned acquisition of Eagle Ford assets from Devon’s production unit.
  • Deal includes a 30-day option for underwriters to buy up to 12,000,000 additional shares.
  • KKR-affiliated Independence Energy Aggregator agreed to buy 40,000,000 shares on the same terms as the offering.
  • Offering expected to close on Oct. 13, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crescent Energy Co. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261008198229) on October 09, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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