December 16, 2025 [Storage Terminals Magazine]- Crescent Energy Company has announced the completion of its previously disclosed all-stock acquisition of Vital Energy, Inc., creating a leading, returns-driven independent exploration and production company. The transaction positions Crescent among the top ten liquids-weighted independent producers, underpinned by a consistent strategy focused on free cash flow generation, disciplined capital allocation, and sustainable long-term value creation for shareholders.

The acquisition significantly expands Crescent’s operational scale and enhances its free cash flow profile, strengthening the company’s overall opportunity set. Following the close of the transaction, Crescent plans to provide pro forma 2026 guidance alongside the release of its fourth-quarter and full-year 2025 results.

David Rockecharlie, CEO of Crescent, said the combination with Vital Energy represents an important step in the company’s growth strategy. He noted that, through disciplined investment and operational execution, Crescent has nearly tripled the size of its business over the past four years. The company is now focused on efficiently integrating the newly acquired assets and personnel, capturing identified synergies, and delivering the full value proposition of Crescent as a leading mid-cap energy company.