Selected Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2021

Quarterly financial data was as follows for the periods indicated:


	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
	(in thousands, except per share amounts)
2021
Revenues	$	317,860	$	330,130	$	365,726	$	463,261
Income (loss) from operations	88,045		100,483		133,604		161,607
Net income (loss)	(166,268)		(272,861)		(162,043)		168,945
Less: net (income) loss attributable to Predecessor	155,629		269,608		160,567		(246,636)
Less: net (income) loss attributable to noncontrolling interests	10,639		3,253		1,476		(446)
Less: net (income) loss attributable to redeemable noncontrolling interests	—		—		—		58,761
Net income (loss) attributable to Crescent Energy	—		—		—		(19,376)
Net income (loss) per share
Class A common stock - basic and diluted	$	—	$	—	$	—	$	(0.46)
Class B common stock - basic and diluted	$	—	$	—	$	—	$	—
2020
Revenues	$	207,848	$	103,509	$	190,612	$	252,252
Income (loss) from operations	3,353		(293,463)		(26,669)		(56,849)
Net income (loss)	466,790		(412,227)		(101,005)		(169,682)
Less: net (income) loss attributable to Predecessor	(320,722)		236,166		69,990		133,215
Less: net (income) loss attributable to noncontrolling interests	(146,068)		176,061		31,015		36,467
Net income (loss) attributable to Crescent Energy	—		—		—		—
Net income (loss) per share
Class A common stock - basic and diluted	$	—	$	—	$	—	$	—
Class B common stock - basic and diluted	$	—	$	—	$	—	$	—