Vital Energy stockholders have approved a merger with Crescent Energy, with shareholders set to receive 1.9062 shares of Crescent's Class A common stock for each Vital Energy share. The merger is expected to close on December 15, 2025, creating a larger, financially robust energy operator.

Law firm Brodsky & Smith is investigating potential breaches of fiduciary duties by boards of Potbelly, Vimeo, Air Lease, and Vital Energy related to recent merger and acquisition transactions.

Law firm Brodsky & Smith is investigating potential breaches of fiduciary duties by boards of several companies during recent merger and acquisition transactions, focusing on whether shareholders are receiving fair value.

Crescent Energy will acquire Vital Energy in an all-stock merger valued at $3.1 billion, creating one of the largest U.S. independent oil and gas producers. The deal offers Vital shareholders a 15% premium and is expected to close by year-end 2025, with projected annual savings of $90-100 million.

Vital Energy, Inc. will report its third-quarter 2024 financial and operating results on November 6, 2024 and host a conference call on November 7, 2024. The company is an independent energy company focused on the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin.