Crescent Energy Co: insider trades · United States · SEC (Form 4)

About Crescent Energy Co

Crescent Energy Co. (NYSE: CRGY) is a U.S.-listed independent energy company focused on upstream oil and gas production, asset optimization, and growth through acquisition. Headquartered in Houston, Texas, Crescent was formed in December 2021 through the merger of Independence Energy and Contango Oil & Gas, with a legacy linked to KKR’s Energy Real Assets platform. For international investors, the company is best understood as a North American consolidation vehicle in the upstream sector, emphasizing cash flow generation, capital discipline, and shareholder returns. ([crescentenergyco.com](https://crescentenergyco.com/about/about-us/default.aspx?ItemId=0cd2f7ab-9add-47a3-ae11-785e1ea65938&utm_source=openai)) Crescent’s asset base is designed around long-life, low-decline production and high-quality development inventory. Its core operating areas are the Eagle Ford, Permian, and Uinta basins, with especially heavy focus on the Eagle Ford in Texas. The company also owns mineral and royalty interests across several premier U.S. oil and natural gas basins, often alongside operated and non-operated working interests. That mix gives Crescent multiple ways to create value: direct development, portfolio rebalancing, and royalty income. Compared with many mid-cap peers, this structure can provide more flexibility through commodity cycles and acquisition opportunities. ([crescentenergyco.com](https://crescentenergyco.com/about/about-us/default.aspx?ItemId=0cd2f7ab-9add-47a3-ae11-785e1ea65938&utm_source=openai)) On the competitive front, Crescent has positioned itself as a growth-through-acquisition E&P company. Recent milestones include the acquisition of Uinta Basin assets, multiple Eagle Ford bolt-ons, the launch of a $750 million senior notes transaction in 2024, and the announced $2.1 billion acquisition of SilverBow Resources to build an even stronger Eagle Ford footprint. In April 2025, Crescent also completed a corporate simplification by converting its remaining Class B shares into Class A shares, eliminating the Up-C structure. That move improved the company’s capital structure transparency and should make it more straightforward for public-market investors to analyze. ([crescentenergyco.com](https://crescentenergyco.com/investors/press-releases/news-details/2022/Crescent-Energy-Closes-Accretive-Acquisition-of-Uinta-Basin-Assets-03-30-2022/default.aspx?utm_source=openai)) From a business perspective, Crescent’s economic output is centered on crude oil, natural gas, and NGLs, derived from a portfolio of operated production, non-operated interests, and mineral/royalty assets. Its geographic footprint remains firmly U.S.-based, with a concentration in Texas and the Rocky Mountains. Recent disclosures around full-year 2024 results highlighted active drilling and completions, 2025 capital spending plans, and ongoing reserve-based lending facility management, reinforcing the company’s operational focus and balance-sheet management. Overall, Crescent represents a U.S. energy consolidator with a differentiated mix of production and royalty exposure, listed on the NYSE in the United States. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1866175/000186617525000023/crescentenergyq42024earnin.htm?utm_source=openai))