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COMBINED AND CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Total revenues $ 1,476,977 $ 754,221 $ 1,087,240
Expenses:      
Lease operating expense 243,501 202,180 255,106
Workover expense 10,842 6,385 9,789
Asset operating expense 45,940 39,023 40,364
Gathering, transportation and marketing 187,059 173,122 142,214
Production and other taxes 108,992 61,124 88,696
Depreciation, depletion and amortization 312,787 372,300 311,185
Impairment of oil and natural gas properties 0 247,215 0
Exploration expense 1,180 486 469
Midstream operating expense 13,389 9,472 9,968
General and administrative expense 78,342 16,542 2,357
Gain on sale of assets (8,794) 0 (22)
Total expenses 993,238 1,127,849 860,126
Income (loss) from operations 483,739 (373,628) 227,114
Other income (expense):      
Interest expense (50,740) (38,107) (53,577)
Other income (expense) 120 341 402
Income from equity method investments 368 0 0
Gain (loss) on derivatives (866,020) 195,284 (127,202)
Total other income (expense) (916,272) 157,518 (180,377)
Income (loss) before taxes (432,533) (216,110) 46,737
Income tax benefit (expense) 306 (14) (28)
Net income (loss) (432,227) (216,124) 46,709
Less: net (income) loss attributable to Predecessor 339,168 118,649 (45,839)
Less: net (income) loss attributable to noncontrolling interests 14,922 97,475 (870)
Less: net loss attributable to redeemable noncontrolling interests 58,761 0 0
Net loss attributable to Crescent Energy $ (19,376) 0 0
Class A common stock      
Net Loss per Share:      
Basic (in USD per share) $ (0.46)    
Diluted (in USD per share) $ (0.46)    
Weighted Average Shares Outstanding:      
Basic (in shares) 41,954,385    
Diluted (in shares) 41,954,385    
Class B common stock      
Net Loss per Share:      
Basic (in USD per share) $ 0    
Diluted (in USD per share) $ 0    
Weighted Average Shares Outstanding:      
Basic (in shares) 127,536,463    
Diluted (in shares) 127,536,463    
Oil      
Revenues:      
Total revenues $ 883,087 491,780 785,750
Natural gas      
Revenues:      
Total revenues 354,298 149,317 173,386
Natural gas liquids      
Revenues:      
Total revenues 185,530 69,902 86,473
Midstream and other      
Revenues:      
Total revenues $ 54,062 $ 43,222 $ 41,631