Crescent - M&A Summary and Business Overview

Energy Services And EquipmentCompany

Crescent M&A Summary

Crescent has acquired 2 companies, including 2 in the last 5 years. A total of 1 acquisition came from private equity firms.

Crescent’s largest acquisition to date was in 2024, when it acquired SilverBow Resources for $2.1B. Crescent has acquired in 1 US state. The Company’s most targeted sectors include oil/gas exploration (100%).

Crescent Business Overview

Where is Crescent headquartered?

Crescent is headquartered in Houston, Texas.

What is Crescent’s revenue?

Crescent disclosed revenue of 2,382M USD for 2023 and 3,057M USD for 2022.

What sector is Crescent in?

Crescent is an energy services and equipment company.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1
  • M&A Advisors 2

Crescent

Crescent Energy Co.

600 Travis, Suite 7200,
Houston, Texas 77002
United States,
(713) 332-7001
www.crescentenergyco.com

Crescent is a differentiated U.S. energy company committed to delivering value for shareholders through disciplined growth through acquisition strategy and consistent return of capital. The company's portfolio of low-decline, cash-flow-oriented assets comprises both mid-cycle unconventional and conventional assets with a long reserve life and a deep inventory of high-return development locations in the Eagle Ford and Uinta basins. Crescent is based in Houston, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # - - 1 - - 1 2
vol $2.1B $2.1B
Sell (0.0/yr) # - - - - - - 0
  2

Most Recent M&A

Company Date Value Type
SilverBow Resources, Inc. 2024-05-16 2.1B USD Divestiture
Houston, Texas · www.sbow.com
Contango Oil & Gas Co. 2021-12-07 - Merger
Brenham, Texas · www.contango.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 2 (100%) 2.1B (100%) - -
Total 2 $2.1B - -

By Geo

State/Country Buy Value Sell Value
United States 2 2.1B - -
  Texas 2 2.1B - -
Total 2 $2.1B - -

Top M&A Advisors

Financial Deals
Jefferies
 1
Legal Deals
Vinson & Elkins
 1

Deal Values

buy # Total
> $1B 1 $2.1B
TOTAL $2.1B
Largest SilverBow Resources, Inc.
$2.1B (2024-05-16)

M&A Connections

Deals
Acquired from
Investor(s)
50%
1 (50%)

Company Summary

SECTOR

Energy Services and Equipment

Revenue

2,382   23% 2023
3,057   107% 2022
1,477   96% 2021
754   2020
(millions of USD) Show More Show Less

Public

NYSE: CRGY

Former Name

Independence Energy LLC

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