Crescent Energy Company today announced pro forma financial and operational results for the nine-month period ended September 30, 2021 related to the business combination between Independence Energy LLC and Contango Oil & Gas Company . Highlights and Recent Developments - Formed Crescent Energy on December 7, 2021 with the successful completion of the merger between Independence and Contango; stock is now trading on the [...]
Crescent Energy Company today announced the successful completion of the combination of Independence Energy and Contango Oil & Gas Company, creating a premier, diversified and well-capitalized U.S. energy company focused on consolidation. Crescent's Class A common stock will trade on the New York Stock Exchange under the ticker symbol "CRGY" at the open of trading on December 8, 2021, and as previously announced, each [...]
Contango Oil & Gas Company today announced that it has set December 6, 2021 as the meeting date for the special meeting of its shareholders to approve its proposed business combination with Independence Energy LLC . The parties expect that the business combination will close on or about December 7, 2021, subject to approval of the business combination by Contango's shareholders and the satisfaction of other customary [...]
Combined Company to Deliver Attractive Risk-Adjusted Returns through Cash Flow Oriented Business Model Projected to be Substantially Accretive to Contango's Cash Flow Per Share by ~15% in 2021E and ~50% in 2022E1 Meaningful Immediate G&A Synergies with Further Savings Anticipated Companies to Host Joint Conference Call Today at 7:30 a.m. CT / 8:30 a.m. ET HOUSTON and FORT WORTH, Texas, June 08, 2021 -- Independence [...]
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