Crescent Energy is a publicly listed U.S. energy company focused on the exploration and production of crude oil, natural gas, and natural gas liquids. The company pursues a disciplined, returns-driven growth-through-acquisition strategy, targeting at least a 2.0x return on every dollar invested. Since its initial public offering in December 2021, Crescent has tripled in size, establishing a significant operational footprint across the lower 48 states.
The company's core operations are concentrated in prolific basins, including the Eagle Ford and Permian basins in Texas, as well as the Uinta basin in Utah. It ranks among the top three public producers in both the Eagle Ford and Uinta basins. This scale is built on a foundation of operational and investing expertise, with a strategic emphasis on maintaining a strong balance sheet and consistently returning capital to shareholders.
