Crescent stockholders approve Vital Energy merger with 98% support

Crescent Energy Company (NYSE: CRGY) announced that stockholders approved the issuance of Class A common stock for its proposed merger with Vital Energy, Inc. (NYSE: VTLE) at a special meeting held today.

Based on preliminary vote counts, approximately 98% of Crescent common stock voted favored the merger, representing about 81% of outstanding Crescent common stock voting in favor. The company will file final vote results on Form 8-K with the Securities and Exchange Commission.

"We are pleased with the strong support from our shareholders in approving this highly accretive transaction," said David Rockecharlie, Crescent's Chief Executive Officer. "Today's outcome reinforces investor confidence in Crescent's disciplined strategy and our consistent track record of execution."

The merger is expected to close on December 15, 2025. Crescent previously filed a registration statement on Form S-4 with the SEC that includes a joint proxy statement and prospectus for the transaction.

Crescent operates in the Eagle Ford, Permian and Uinta basins, focusing on a growth through acquisition strategy. The company describes itself as maintaining a balanced portfolio combining cash flow from stable production with development inventory.

The information is based on a press release statement from Crescent Energy.

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