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Finance & Markets

Crescent Energy To Buy Devon's Eagle Ford Assets For $3.85 Bln; Launches $1 Bln Stock Offering

(RTTNews) - Crescent Energy Company (CRGY) Thursday said it has agreed to acquire Eagle Ford assets from Devon Energy for for an estimated net purchase price of about $3.85 billion.

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

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Peer-to-Fear: Prediction Markets Worry About CFTC Proposal

Responding to critics who say prediction markets are lawless gambling, exchange betting operators like Kalshi have made one phrase an essential part of their elevator pitch to the public: “We’re federally regulated.” The teeth of that regulation, however, has often been questioned—when not being openly mocked.

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