<SEC-DOCUMENT>0000950170-24-041315.txt : 20240403
<SEC-HEADER>0000950170-24-041315.hdr.sgml : 20240403
<ACCEPTANCE-DATETIME>20240403173009
ACCESSION NUMBER:		0000950170-24-041315
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20240401
FILED AS OF DATE:		20240403
DATE AS OF CHANGE:		20240403

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			LIBERTY MUTUAL HOLDING CO
		CENTRAL INDEX KEY:			0001142872
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-41132
		FILM NUMBER:		24820288

	BUSINESS ADDRESS:	
		STREET 1:		FOUR TIMES SQUARE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			100366522

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PT Independence Energy Holdings LLC
		CENTRAL INDEX KEY:			0001897663
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-41132
		FILM NUMBER:		24820289

	BUSINESS ADDRESS:	
		STREET 1:		600 TRAVIS STREET
		STREET 2:		SUITE 7200
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77002
		BUSINESS PHONE:		713-337-4607

	MAIL ADDRESS:	
		STREET 1:		600 TRAVIS STREET
		STREET 2:		SUITE 7200
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77002

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Crescent Energy Co
		CENTRAL INDEX KEY:			0001866175
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		600 TRAVIS STREET
		STREET 2:		SUITE 7200
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77002
		BUSINESS PHONE:		(713) 481-7782

	MAIL ADDRESS:	
		STREET 1:		600 TRAVIS STREET
		STREET 2:		SUITE 7200
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77002

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	IE PubCo Inc.
		DATE OF NAME CHANGE:	20210607
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>ownership.xml
<DESCRIPTION>4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2024-04-01</periodOfReport>

    <issuer>
        <issuerCik>0001866175</issuerCik>
        <issuerName>Crescent Energy Co</issuerName>
        <issuerTradingSymbol>CRGY</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001897663</rptOwnerCik>
            <rptOwnerName>PT Independence Energy Holdings LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O LIBERTY MUTUAL INSURANCE</rptOwnerStreet1>
            <rptOwnerStreet2>175 BERKELEY STREET</rptOwnerStreet2>
            <rptOwnerCity>BOSTON</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02116</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>true</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001142872</rptOwnerCik>
            <rptOwnerName>LIBERTY MUTUAL HOLDING CO</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>175 BERKELEY STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BOSTON</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02116</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>true</isDirector>
            <isOfficer>false</isOfficer>
            <isTenPercentOwner>true</isTenPercentOwner>
            <isOther>false</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>false</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <transactionDate>
                <value>2024-04-01</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>false</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>28622</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.00</value>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>51480</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See  footnote</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Erich Bobinsky and Bevin Brown (the &quot;Directors&quot;) are officers of Liberty Energy Holdings (&quot;LEH&quot;) and serve on the Board of Directors of Crescent Energy Company (the &quot;CRGY&quot;) as nominees of PT Independence  Energy Holdings LLC (the &quot;PT Reporting Person&quot;). On April 1, 2024, CRGY granted to the Directors, in their capacities as directors of CRGY, an aggregate of 28,622 restricted stock units (&quot;RSUs&quot;). The Directors have agreed that they will not receive any separate compensation for serving as directors of CRGY and will transfer to LEH any director compensation they receive from CRGY, including any shares received in settlement of the
restricted stock units.</footnote>
        <footnote id="F2">The shares of Crescent Energy Company (the &quot;Issuer&quot;) Class A common stock (&quot;Common Stock&quot;) reported are restricted stock units (&quot;RSUs&quot;) granted to the reporting person pursuant to the Crescent Energy Company 2021 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest on April 1, 2025, subject to the reporting person's continuous service through such date.</footnote>
        <footnote id="F3">Pursuant to the terms of the Second Amended and Restated Limited Liability Company Agreement of the PT Reporting Person, LEH has the sole right to vote or dispose of the shares of Common Stock held by the PT Reporting Person. Therefore, LEH is deemed to have beneficial ownership of the shares of Common Stock. The sole member of LEH is Liberty Mutual Insurance Company (&quot;Liberty Mutual&quot;), which is wholly owned by Liberty Mutual Group Inc. The sole shareholder of Liberty Mutual Group Inc. is LMHC Massachusetts Holdings Inc., whose sole shareholder is Liberty Mutual Holding Company Inc. Because Liberty Mutual Holding Company Inc. is a mutual holding company, its members are entitled to vote at meetings of the company. No such member is entitled to cast 5% or more of the votes.</footnote>
        <footnote id="F4">Each of PT Reporting Person, LEH, Liberty Mutual, Liberty Mutual Group Inc., LMHC Massachusetts Holdings Inc. and Liberty Mutual Holding Company Inc. (collectively, the &quot;Record Holders&quot;) directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of some or all of the equity interests referred to in note 2 owned by the Record Holders and, therefore, a &quot;ten percent holder&quot; hereunder. Each Record Holder disclaims beneficial ownership of such equity interests reported herein, except to the extent of its pecuniary interest therein, and, with respect to each of the Record Holders, except to the extent of its respective direct ownership reported herein, and this report shall not be deemed an admission that the Record Holders are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>PT INDEPENDENCE  ENERGY HOLDINGS LLC,  By: /s/ Brandi Kendall, Name: Brandi Kendall, Title: Vice  President</signatureName>
        <signatureDate>2024-04-03</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>LIBERTY MUTUAL  HOLDING COMPANY INC.,  By: /s/ Vlad Barbalat, Name:  Vlad Barbalat, Title: Executive  Vice President</signatureName>
        <signatureDate>2024-04-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
