Crescent energy closes accretive central eagle ford bolt-on

Houston--(business wire)--crescent energy company (nyse: crgy) (“crescent” or the “company”), today announced the closing of its acquisition of central eagle ford assets from ridgemar energy for upfront consideration of $905 million, consisting of $830 million in cash and 5,454,546 shares of class a common stock, plus future oil price contingent consideration, subject to customary purchase price adjustments. crescent plans to provide 2025 guidance reflecting the acquisition along with its fourt.
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