CRGY Crescent Energy Company

$CRGY Crescent Energy, a Houston oil and gas producer, will buy Devon's Eagle Ford assets for $4.22B in cash, an estimated net purchase price of about $3.85B after adjustments tied to the July 1, 2026 effective date. Pro forma funding: a $2.0B bridge loan, a $2.0B revolver draw and $247.6M of cash. At June 30, 2026 pro forma, total debt rises to $9.14B from $5.17B; the bridge matures 364 days after close. In return: ~68 Mboe/d (July 2026) and ~$140M/yr of identified synergies; it intends a debt-equity mix. Close expected Q4 2026 or early 2027.

$CRGY don't forget this is half natural gas stock. Ng up 8%. Russia to stop exporting. Hold onto your socks boys!

$CRGY LOL...I own a little DVN and CRGY. So Devon is finally selling some of their shit assets but why did it have to be CRGY who bought them. I can't win.

$CRGY this is gonna go up more. Seems Iran is talking this same old sheet. Now they are saying negotiations are over, again.. You know the strait wont open and back to the military stuff. Oil goes up and so does this.

$CRGY might as well throw a couple grand at if you can. I bought a little early but surviving. I suspected this after the first day of pullback but didn't think they would pull it back so many days, wow. Its hard to time the bottom or top. Regardless, this stock is good and they are profitable at these prices. Also decent divi.

$CRGY Such a joke. They will be very profitable on the oil even at $92/barrel. No need for a 14% drop with the 13% drop in oil over the same period.

$CRGY the USA is now positioned to be Europe's #1 supplier of natural gas (from 25% to 65% of imports)

$CRGY oil goes up 8% today and this profitable oil company only sees a 1% increase and has bearish sentiment? I don't get it. Are Greta Thunberg followers on Stocktwits?

$CRGY shorts in desperate straights trying to keep this down! Lets clean em out. 16.80 or bust!

Moody’s Ratings upgraded its outlook on Crescent Energy to positive from stable while affirming its Ba3 Corporate Family Rating, reflecting expectations that the company will reduce leverage following a major expansion. The move follows Crescent’s $3.85 billion all-cash acquisition of Eagle Ford assets from Devon Energy, which significantly expands its operating scale but temporarily increases debt. To finance the deal, Crescent secured a $2 billion bridge financing commitment and launched a $1 billion primary equity offering. Moody’s expects strong free cash flow, supported by substantial commodity hedges, to enable meaningful debt reduction over the next 12–18 months. The acquisition is expected to boost production to approximately 400,000 barrels of oil equivalent per day, giving Crescent greater scale than many similarly rated exploration and production peers. $CRGY