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August 25, 2025 • 1-minute read
Vinson & Elkins advised Vital Energy, Inc. (NYSE: VTLE) (“Vital”) in its entry into a definitive agreement with Crescent Energy Company (NYSE: CRGY) (“Crescent”) under which Crescent will acquire Vital in an all-stock transaction valued at approximately $3.1 billion, inclusive of Vital’s net debt.
The agreement was signed on August 24, 2025, and is expected to close by year-end 2025, subject to the satisfaction of customary closing conditions.
The Vinson & Elkins team was led by partners Doug McWilliams, Lande Spottswood, and Thomas Zentner, with assistance from associates Chase Browndorf, Michelle Yang, Lauren Perillo, Graham Buck, and Tate Shaw. Also advising were partners Lina Dimachkieh and Brian Russell and associates Katie Dillard and Patrick Darby; partner David D’Alessandro, counsel Regina Ibarra, and associate Reagan Gregory; partner Sean Becker and associate Andrew Cox; partner Darin Schultz; partner Matt Dobbins and senior associate Kelly Rondinelli; partner Bryan Loocke; partners David Stone and Jackson O’ Maley; and partners Hill Wellford and Evan Miller and associate Adam Thomas.
About Vinson & Elkins
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