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Stock impact report

Crescent Energy: Vital Energy Acquisition Closes [Seeking Alpha]

Crescent Energy Company (CRGY) 
Company Research Source: Seeking Alpha
Permian expansion positions CRGY for long-term value in a premium basin. KKR's control and ongoing acquisition strategy allow CRGY to prioritize long-term returns over short-term market pressures. The current acquisition strategy means the industry is out of favor enough to enable growth through buying rather than organic growth. Funtay/iStock via Getty Images Crescent Energy ( CRGY ) has completed the acquisition of Vital Energy. As a result, Crescent Energy can now pursue a rollup strategy in the Permian similar to the strategy pursued in the Eagle Ford. The all-stock deal More on my IG service I analyze oil and gas companies like Crescent Energy and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Researc Show less Read more
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