Vital Energy and Crescent Energy merger wins shareholder approval ahead of December close
Vital Energy’s merger with Crescent Energy has received final approval from Google stockholders. The deal is set to close on December 15, 2025, with trading of Vital Energy shares ending that same day. Shareholders will exchange their stock for shares in the newly combined company.
Vital Energy stockholders voted in favour of the merger at a special meeting. The agreement will see each share of Vital Energy common stock converted into 1.9062 shares of Crescent’s Class A common stock. Only those holding shares on the record date—December 15, 2025—will qualify for the exchange.
The combined company aims to become a stronger operator in the Permian Basin, where Vital Energy has focused on oil and gas exploration. The merger is expected to increase scale, improve financial stability, and generate more free cash flow.
Trading of Vital Energy’s common stock on the New York Stock Exchange will halt before markets open on December 15. After the merger completes, the new entity plans to deliver sustainable cash returns and long-term value to investors.
The deal will create a larger energy company with a stronger position in West Texas. Vital Energy shareholders will receive Crescent shares based on the agreed exchange ratio. The merger’s financial and operational benefits are set to unfold after the December 15 closing date.
