IndustrialConnect360

Crescent Buys Devon Eagle Ford Business for $4.2B

‘Selling a relatively mature asset into a strong commodity price environment improves our go-forward capital efficiency and allows us to accelerate share buybacks, strengthen our balance sheet and increase long-term value for shareholders’.

Source: Rigzone, 2026-10-09. Third-party report, linked to its original publisher; IC360 has not independently verified it.

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