Crescent Energy Company
Company
8
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5
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Search complete. 8 mentions across 5 episodes found for "Crescent Energy Company".
Oct 22, 2026
Housley CarrNARRATOR
Published by, Lisa Scheidler.
Housley CarrNARRATOR
Devon Energy is selling its Eagleford assets to Crescent Energy for $4.22 billion in cash in a deal expected to close around year-end 2026.
Housley CarrNARRATOR
The deal would take Devon out of the play and strengthen Crescent standing among the basin's largest producers.
Housley CarrNARRATOR
In today's RBN blog, we look at why Devon is heading for the exit while Crescent is doubling down and preview our detailed analysis of the deal, available on Novi Intelligence.
Housley CarrNARRATOR
Let's start with the assets Crescent Energy is buying, which have a somewhat complicated ownership and operating history.
Housley CarrNARRATOR
Devon Energy entered the Eagleford in 2014 with its roughly $6 billion acquisition of Geo Southern Energy's South Texas assets, primarily in DeWitt and Lavaca counties.
Housley CarrNARRATOR
The deal also brought Devon into an existing 50-50 development joint venture, or JV, between Geo Southern and PetroHawk Energy in the Blackhawk field in DeWitt County.
Housley CarrNARRATOR
This sale is a direct outcome of our portfolio review, and it sharpens our focus on the highest return, longest duration assets, Devon President and Chief Executive Officer Clay Gaspar said in a statement.
Christine RamosHOST
Industrial Info Resources is tracking about fifty-nine APS capital and maintenance projects valued at about seven point one billion dollars.
Christine RamosHOST
Some sixty-eight thousand barrels of oil equivalent in net production changed hands last week when Devon Energy announced Thursday it was divesting from the Eagle Ford Shale Basin in a deal with Crescent Energy.
Christine RamosHOST
Data from Industrial Info Resources.
Christine RamosHOST
Global market intelligence on Devon's resources run deep.
Brian SullivanHOST
Four billion dollar deal in oil and gas to highlight.
Brian SullivanHOST
Crescent Energy, a smaller cap oil and gas firm, paying over four billion to buy assets from Devon Energy in the Eagle Ford Shale.
Brian SullivanHOST
Folks, thanks for watching Power Lunch.
Brian SullivanHOST
I will see you in two hours on Fast Money.
Robert PrattHOST
Lubbock ISD employee data exposed in Frontline Education, that's a company, I guess, security breach, that reported that LISD, they announced earlier this week that that company said that a security incident happened in August of this year where Lubbock ISD employees had their social security numbers, email, and physical addresses leaked, no student data.
Robert PrattHOST
Devon Energy, apparently today announcing, or at least the rumor was out early, Bloomberg had it that Devon is in advanced talks to sell its drilling portfolio in Texas Eagle Ford Shale in South Central Texas to Crescent Energy Company.
Robert PrattHOST
It would be about a $4.2 billion deal.
Robert PrattHOST
And full fleet, full speed, full connection.
Dan SteffensGUEST
It looks good.
Dan SteffensGUEST
The two or three that are trading at the deepest discount in my valuations continue to be Crescent Energy is like, 90% below my valuation.
Dan SteffensGUEST
I think it's at about $13 now.
Dan SteffensGUEST
My valuation is $25.