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News 2026-10-09 21:07 UTC

Crescent Energy prices $1 billion stock offering

Crescent Energy said it priced an underwritten public offering of 80 million Class A shares at $12.50 each. The underwriters’ 30-day option for up to 12 million additional shares was exercised in full.

News 2026-10-09 12:04 UTC

Cenovus agrees to buy Athabasca Oil for C$5.7 billion

Cenovus Energy agreed to acquire Athabasca Oil Corporation for an implied enterprise value of C$5.7 billion. The deal adds about 45,000 barrels of oil equivalent per day and is expected to close in December 2026, subject to approvals.