Crescent CEO David Rockecharlie said, “I am extremely proud of our 2023 performance, where we have delivered on all of our strategic priorities – we generated significant cash flow, fueled by strong operational execution, we progressed a number of key sustainability initiatives and we acquired two complementary and accretive assets in the Eagle Ford. Our operations team is driving meaningful efficiencies that have positioned us for continued outperformance in 2024 and beyond. We also announced an enhancement of our shareholder return framework, establishing our current $0.12 per share dividend as a fixed dividend and authorizing a $150 million share buyback program, further strengthening our already peer leading return of capital framework. Our differentiated growth strategy combining investment and operating expertise continues to deliver for our investors.”
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