Crescent Energy Company Announces Public Offering of Class A Common Stock
Business Wire•08/10/2026•07:23 ET
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Key Highlights
- ➤Crescent Energy (CRGY) launches $1 billion Class A stock offering.
- ➤KKR affiliate indicates commitment to purchase up to $500 million.
- ➤Proceeds will fund part of Devon’s Eagle Ford asset acquisition.
- ➤Underwriters receive option to buy up to $150 million additional shares.
- ➤Devon Eagle Ford acquisition expected to close in fourth quarter 2026 or early 2027.
Crescent Energy Company Announces Public Offering of Class A Common Stock
An affiliate of KKR & Co. Inc., a leading global investment firm and investor in Crescent, has indicated a commitment to purchase up to $500 million of shares as part of the offering
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