Crescent energy announces accretive central eagle ford bolt-on

Houston--(business wire)--crescent energy company (nyse: crgy) (“crescent” or the “company”) today announced the signing of a definitive agreement to acquire eagle ford assets from ridgemar energy for upfront consideration of $905 million plus future oil price contingent consideration, subject to customary purchase price adjustments. the acquisition is directly offset crescent's core central eagle ford position and builds upon its significant acquisition activity in the eagle ford over the past.
F Ratings Summary
F Quant Ranking