Crescent Energy nears deal for Permian Basin producer Vital Energy - Reuters

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Vital Energy (NYSE:VTLE [https://seekingalpha.com/symbol/VTLE]) +6.4% post-market Friday following a Reuters report that Crescent Energy (NYSE:CRGY [https://seekingalpha.com/symbol/CRGY]) is in advanced talks to acquire [https://www.reuters.com/business/energy/crescent-energy-nears-deal-us-shale-peer-vital-energy-sources-say-2025-08-22/] the smaller Permian Basin producer, in a deal that could be announced as soon as next week; no further details are known.

Crescent Energy (NYSE:CRGY [https://seekingalpha.com/symbol/CRGY]) has a market value of ~$2.5B, while Vital Energy (NYSE:VTLE [https://seekingalpha.com/symbol/VTLE]) is worth ~$600M, and Vital carries ~$2.3B of long-term debt.

Vital Energy (VTLE [https://seekingalpha.com/symbol/VTLE]) reported total FY 2024 production of 133,845 boe/day, up 38% from 96,591 boe/day in FY 2023.

MORE ON CRESCENT ENERGY AND VITAL ENERGY

* Crescent Energy: When Unrealized Gains Dominate Results [https://seekingalpha.com/article/4809080-crescent-energy-when-unrealized-gains-dominate-results]
* Crescent Energy Is Assembling Operations [https://seekingalpha.com/article/4804345-crescent-energy-stock-assembling-operations]
* Vital Energy: An Adjusted Earnings Beat [https://seekingalpha.com/article/4810280-vital-energy-adjusted-earnings-beat]