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Crescent Energy to Acquire Vital Energy for $733M

8/26/2025

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Summary

Story summary

Crescent Energy Co. will acquire Vital Energy Inc. for $733 million in an all-stock deal valued at $3.1 billion, including debt.
Vital shareholders will receive approximately 1.9 shares of Crescent stock per share owned, reflecting a 20% premium.
The acquisition strengthens Crescent's position in the Permian basin and is expected to close by the end of 2025.
Crescent intends to divest non-core assets to enhance its balance sheet.

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Story summary

Crescent Energy Co. will acquire Vital Energy Inc. for $733 million in an all-stock deal valued at $3.1 billion, including debt.
Vital shareholders will receive approximately 1.9 shares of Crescent stock per share owned, reflecting a 20% premium.
The acquisition strengthens Crescent's position in the Permian basin and is expected to close by the end of 2025.
Crescent intends to divest non-core assets to enhance its balance sheet.