Crescent Energy Company (CRGY) Announces Proposed 10M Share Offering

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Crescent Energy Company Announces Public Offering of Class A Common Stock

September 6, 2023 4:07 PM EDT

HOUSTON--(BUSINESS WIRE)-- Crescent Energy Company (Crescent or the Company) (NYSE: CRGY) today announced the commencement of an underwritten public offering of 10,000,000 shares of its Class A common stock, par value $0.0001 per share (Class A common stock), pursuant to an effective shelf registration statement on Form S-3 (the Registration Statement) filed with the U.S. Securities and Exchange Commission (the SEC).

The Company intends to use the net proceeds it receives from the offering to fund a portion of the purchase price for the recently announced acquisition of certain interests in oil and gas properties, rights... More