Crescent Energy announced the signing of a definitive agreement to acquire assets from a private Eagle Ford operator for total cash consideration of $168M
Portfolio Pulse from Benzinga Newsdesk
Crescent Energy has signed a definitive agreement to acquire assets from a private Eagle Ford operator for $168 million in cash.
September 04, 2024 | 11:48 am
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Crescent Energy is acquiring assets from a private Eagle Ford operator for $168 million in cash, which could enhance its asset base and operational capabilities.
The acquisition of assets for $168 million in cash is a significant move for Crescent Energy, likely to enhance its asset base and operational capabilities. This could positively impact the stock price in the short term as investors may view the acquisition as a growth opportunity.
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