Crescent Energy Receives Shareholder Approval for Merger with Vital Energy

Crescent Energy Company (CRGY) announced it received overwhelming stockholder approval for the issuance of Crescent Class A common stock in connection with its proposed merger with Vital Energy (VTLE) at a special meeting of stockholders held today. The Merger is expected to close on December 15, 2025. "We are pleased with the strong support from our shareholders in approving this highly accretive transaction. Today's outcome reinforces investor confidence in Crescent's disciplined strategy and our consistent track record of execution. With approval secured, we are prepared to move quickly toward closing and continue creating meaningful, long-term value for our shareholders," said David Rockecharlie, Crescent's Chief Executive Officer. Based on the preliminary vote count from today's special meeting, approximately 98% of the Crescent common stock voted were in favor of the Merger, resulting in approximately 81% of the outstanding Crescent common stock voting in favor of the Merger.