10-Q Filing

CRESCENT ENERGY CO CIK: 1866175 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001866175-23-000054`
Period End Date	20230630
Filing Date	20230809
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	crgy-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 97 Cash Flow Statement 94 Stockholders Equity 42

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$54.58M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.25M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$8.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$68.50M	USD	Point-in-time
Derivative assets - current	`DerivativeAssetsCurrent`	$14.88M	USD	Point-in-time
Derivative assets - current	`DerivativeAssetsCurrent`	$19.58M	USD	Point-in-time
Drilling advances	`ContractWithCustomerAssetNetCurrent`	$16.70M	USD	Point-in-time
Drilling advances	`ContractWithCustomerAssetNetCurrent`	$14.65M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$37.43M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$13.24M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$6.21M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$12.62M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$596.94M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$516.74M	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	500.00M	shares	Point-in-time
Proved	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$7.46B	USD	Point-in-time
Preferred stock authorized (in shares)	`PreferredStockSharesAuthorized`	500.00M	shares	Point-in-time
Proved	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$7.11B	USD	Point-in-time
Unproved	`UnprovedOilAndGasPropertySuccessfulEffortMethod`	$279.22M	USD	Point-in-time
Preferred stock issued (in shares)	`PreferredStockSharesIssued`	1,000.00	shares	Point-in-time
Unproved	`UnprovedOilAndGasPropertySuccessfulEffortMethod`	$314.25M	USD	Point-in-time
Preferred stock issued (in shares)	`PreferredStockSharesIssued`	1,000.00	shares	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	1,000.00	shares	Point-in-time
Oil and natural gas properties at cost, successful efforts method	`OilAndGasPropertySuccessfulEffortMethodGross`	$7.73B	USD	Point-in-time
Oil and natural gas properties at cost, successful efforts method	`OilAndGasPropertySuccessfulEffortMethodGross`	$7.43B	USD	Point-in-time
Preferred stock outstanding (in shares)	`PreferredStockSharesOutstanding`	1,000.00	shares	Point-in-time
Field and other property and equipment, at cost	`PropertyPlantAndEquipmentOther`	$194.52M	USD	Point-in-time
Field and other property and equipment, at cost	`PropertyPlantAndEquipmentOther`	$176.83M	USD	Point-in-time
Total property, plant and equipment	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization`	$7.60B	USD	Point-in-time
Total property, plant and equipment	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization`	$7.93B	USD	Point-in-time
Less: accumulated depreciation, depletion, amortization and impairment	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$2.45B	USD	Point-in-time
Less: accumulated depreciation, depletion, amortization and impairment	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$2.17B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$5.44B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$5.48B	USD	Point-in-time
Derivative assets noncurrent	`DerivativeAssetsNoncurrent`	-	USD	Point-in-time
Derivative assets noncurrent	`DerivativeAssetsNoncurrent`	$7.74M	USD	Point-in-time
Investment in equity affiliates	`EquityMethodInvestments`	$12.72M	USD	Point-in-time
Investment in equity affiliates	`EquityMethodInvestments`	$15.04M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$50.30M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$47.80M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$6.15B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$6.02B	USD	Point-in-time
Derivative liabilities current	`DerivativeLiabilitiesCurrent`	$312.98M	USD	Point-in-time
Derivative liabilities current	`DerivativeLiabilitiesCurrent`	$107.39M	USD	Point-in-time
Financing lease obligations current	`FinanceLeaseLiabilityCurrent`	$3.93M	USD	Point-in-time
Financing lease obligations current	`FinanceLeaseLiabilityCurrent`	$3.34M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$24.19M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$25.09M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$672.43M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$893.75M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.25B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.33B	USD	Point-in-time
Derivative liabilities noncurrent	`DerivativeLiabilitiesNoncurrent`	$7.09M	USD	Point-in-time
Derivative liabilities noncurrent	`DerivativeLiabilitiesNoncurrent`	$63.74M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$360.06M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$346.87M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$147.35M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$241.21M	USD	Point-in-time
Financing lease obligations noncurrent	`FinanceLeaseLiabilityNoncurrent`	$7.41M	USD	Point-in-time
Financing lease obligations noncurrent	`FinanceLeaseLiabilityNoncurrent`	$7.64M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$14.18M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$10.85M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.63B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.72B	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$2.44B	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$2.61B	USD	Point-in-time
Redeemable noncontrolling interests	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$2.04B	USD	Point-in-time
Preferred stock, $0.0001 par value; 500,000,000 shares authorized and 1,000 Series I preferred shares issued and outstanding as of June 30, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 500,000,000 shares authorized and 1,000 Series I preferred shares issued and outstanding as of June 30, 2023 and December 31, 2022	`PreferredStockValue`	-	USD	Point-in-time
Treasury stock, at cost; 1,071,553 and 1,150,991 shares of Class A common stock as of June 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$18.45M	USD	Point-in-time
Treasury stock, at cost; 1,071,553 and 1,150,991 shares of Class A common stock as of June 30, 2023 and December 31, 2022, respectively	`TreasuryStockCommonValue`	$17.14M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$804.59M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.36B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$61.96M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$112.89M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$14.18M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$20.48M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$694.64M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$431.98M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$916.48M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.48B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$621.31M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$862.29M	USD	Point-in-time
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY	`LiabilitiesAndStockholdersEquity`	$6.02B	USD	Point-in-time
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY	`LiabilitiesAndStockholdersEquity`	$6.15B	USD	Point-in-time

Income Statement 97 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.51B	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$492.34M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.08B	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$908.43M	USD	1 Quarter
Lease operating expense	`OperatingLeaseExpense`	$244.00M	USD	2 Qtrs
Lease operating expense	`OperatingLeaseExpense`	$113.05M	USD	1 Quarter
Lease operating expense	`OperatingLeaseExpense`	$201.20M	USD	2 Qtrs
Lease operating expense	`OperatingLeaseExpense`	$106.38M	USD	1 Quarter
Workover expense	`WorkoverExpense`	$31.25M	USD	2 Qtrs
Workover expense	`WorkoverExpense`	$18.68M	USD	1 Quarter
Workover expense	`WorkoverExpense`	$25.02M	USD	1 Quarter
Workover expense	`WorkoverExpense`	$34.98M	USD	2 Qtrs
Asset operating expense	`AssetOperatingExpense`	$17.24M	USD	1 Quarter
Asset operating expense	`AssetOperatingExpense`	$33.86M	USD	2 Qtrs
Asset operating expense	`AssetOperatingExpense`	$38.09M	USD	2 Qtrs
Asset operating expense	`AssetOperatingExpense`	$15.87M	USD	1 Quarter
Gathering, transportation and marketing	`GatheringTransportationAndMarketingExpense`	$86.51M	USD	2 Qtrs
Gathering, transportation and marketing	`GatheringTransportationAndMarketingExpense`	$38.24M	USD	1 Quarter
Gathering, transportation and marketing	`GatheringTransportationAndMarketingExpense`	$51.52M	USD	1 Quarter
Gathering, transportation and marketing	`GatheringTransportationAndMarketingExpense`	$98.93M	USD	2 Qtrs
Production and other taxes	`ProductionAndOtherTaxes`	$65.50M	USD	1 Quarter
Production and other taxes	`ProductionAndOtherTaxes`	$79.75M	USD	2 Qtrs
Production and other taxes	`ProductionAndOtherTaxes`	$24.82M	USD	1 Quarter
Production and other taxes	`ProductionAndOtherTaxes`	$111.98M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$131.57M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$230.59M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$306.39M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$159.90M	USD	1 Quarter
Exploration expense	`ExplorationExpense`	$1.54M	USD	2 Qtrs
Exploration expense	`ExplorationExpense`	$1.94M	USD	2 Qtrs
Exploration expense	`ExplorationExpense`	$1.54M	USD	1 Quarter
Exploration expense	`ExplorationExpense`	$1.85M	USD	1 Quarter
Midstream and other operating expense	`MidstreamOperatingExpense`	$1.74M	USD	1 Quarter
Midstream and other operating expense	`MidstreamOperatingExpense`	$6.42M	USD	2 Qtrs
Midstream and other operating expense	`MidstreamOperatingExpense`	$3.34M	USD	1 Quarter
Midstream and other operating expense	`MidstreamOperatingExpense`	$5.51M	USD	2 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$41.17M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$42.18M	USD	2 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$19.66M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$62.40M	USD	2 Qtrs
(Gain) loss on sale of assets	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
(Gain) loss on sale of assets	`GainLossOnDispositionOfAssets1`	$4.99M	USD	2 Qtrs
(Gain) loss on sale of assets	`GainLossOnDispositionOfAssets1`	-	USD	2 Qtrs
(Gain) loss on sale of assets	`GainLossOnDispositionOfAssets1`	$197.00K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$744.67M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$867.87M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$428.30M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$408.59M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$499.84M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$64.04M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$214.60M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$762.67M	USD	2 Qtrs
Gain (loss) on derivatives	`DerivativeGainLossOnDerivativeNet`	$-850.70M	USD	2 Qtrs
Gain (loss) on derivatives	`DerivativeGainLossOnDerivativeNet`	$183.90M	USD	2 Qtrs
Gain (loss) on derivatives	`DerivativeGainLossOnDerivativeNet`	$33.59M	USD	1 Quarter
Gain (loss) on derivatives	`DerivativeGainLossOnDerivativeNet`	$-177.21M	USD	1 Quarter
Interest expense	`InterestExpense`	$24.94M	USD	1 Quarter
Interest expense	`InterestExpense`	$41.46M	USD	2 Qtrs
Interest expense	`InterestExpense`	$31.13M	USD	1 Quarter
Interest expense	`InterestExpense`	$60.45M	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$289.00K	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$39.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-303.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-1.80M	USD	2 Qtrs
Income (loss) from equity affiliates	`IncomeLossFromEquityMethodInvestments`	$280.00K	USD	2 Qtrs
Income (loss) from equity affiliates	`IncomeLossFromEquityMethodInvestments`	$2.30M	USD	1 Quarter
Income (loss) from equity affiliates	`IncomeLossFromEquityMethodInvestments`	$3.25M	USD	2 Qtrs
Income (loss) from equity affiliates	`IncomeLossFromEquityMethodInvestments`	$117.00K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$124.02M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$2.62M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-200.15M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-890.71M	USD	2 Qtrs
Income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$299.70M	USD	1 Quarter
Income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$66.65M	USD	1 Quarter
Income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-128.04M	USD	2 Qtrs
Income (loss) before taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$338.62M	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$9.18M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$17.80M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-3.93M	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$25.54M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$281.90M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$313.08M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-124.11M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$57.47M	USD	1 Quarter
Less: net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$713.00K	USD	1 Quarter
Less: net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$1.18M	USD	2 Qtrs
Less: net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$256.00K	USD	1 Quarter
Less: net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$405.00K	USD	2 Qtrs
Less: net (income) loss attributable to redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-94.81M	USD	2 Qtrs
Less: net (income) loss attributable to redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$247.74M	USD	2 Qtrs
Less: net (income) loss attributable to redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$52.07M	USD	1 Quarter
Less: net (income) loss attributable to redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$226.66M	USD	1 Quarter
Less: net (income) loss attributable to redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$195.67M	USD	1 Quarter
Net income (loss) attributable to Crescent Energy - basic	`NetIncomeLoss`	$-30.48M	USD	2 Qtrs
Net income (loss) attributable to Crescent Energy - basic	`NetIncomeLoss`	$54.52M	USD	1 Quarter
Net income (loss) attributable to Crescent Energy - basic	`NetIncomeLoss`	$5.15M	USD	1 Quarter
Net income (loss) attributable to Crescent Energy - basic	`NetIncomeLoss`	$64.94M	USD	2 Qtrs

Cash Flow Statement 94 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$281.90M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$313.08M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-124.11M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$57.47M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$131.57M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$230.59M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$306.39M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$159.90M	USD	1 Quarter
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-11.90M	USD	2 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$24.16M	USD	2 Qtrs
(Gain) loss on derivatives	`DerivativeGainLossOnDerivativeNet`	$-850.70M	USD	2 Qtrs
(Gain) loss on derivatives	`DerivativeGainLossOnDerivativeNet`	$183.90M	USD	2 Qtrs
(Gain) loss on derivatives	`DerivativeGainLossOnDerivativeNet`	$33.59M	USD	1 Quarter
(Gain) loss on derivatives	`DerivativeGainLossOnDerivativeNet`	$-177.21M	USD	1 Quarter
Net cash (paid) received on settlement of derivatives	`GainLossOnSaleOfDerivatives`	$442.67M	USD	2 Qtrs
Net cash (paid) received on settlement of derivatives	`GainLossOnSaleOfDerivatives`	$55.80M	USD	2 Qtrs
Non-cash equity-based compensation expense	`ShareBasedCompensation`	$20.47M	USD	2 Qtrs
Non-cash equity-based compensation expense	`ShareBasedCompensation`	$35.16M	USD	2 Qtrs
Amortization of debt issuance costs and discount	`AmortizationOfFinancingCostsAndDiscounts`	$5.74M	USD	2 Qtrs
Amortization of debt issuance costs and discount	`AmortizationOfFinancingCostsAndDiscounts`	$3.93M	USD	2 Qtrs
(Gain) loss on sale of oil and natural gas properties	`GainLossOnSaleOfOilAndGasProperty`	$4.99M	USD	2 Qtrs
(Gain) loss on sale of oil and natural gas properties	`GainLossOnSaleOfOilAndGasProperty`	-	USD	2 Qtrs
Restructuring of acquired derivative contracts	`RestructuringOfAcquiredDerivativeContracts`	-	USD	2 Qtrs
Restructuring of acquired derivative contracts	`RestructuringOfAcquiredDerivativeContracts`	$51.99M	USD	2 Qtrs
Settlement of acquired derivative contracts	`GainLossOnDerivativeInstrumentsNetPretax`	$34.98M	USD	2 Qtrs
Settlement of acquired derivative contracts	`GainLossOnDerivativeInstrumentsNetPretax`	$23.10M	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-7.26M	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$-7.64M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-20.01M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$265.46M	USD	2 Qtrs
Accounts receivable affiliates	`IncreaseDecreaseInDueFromAffiliatesCurrent`	$118.00K	USD	2 Qtrs
Accounts receivable affiliates	`IncreaseDecreaseInDueFromAffiliatesCurrent`	$-18.63M	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$13.47M	USD	2 Qtrs
Prepaid and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$22.26M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$21.23M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$191.13M	USD	2 Qtrs
Accounts payable affiliates	`IncreaseDecreaseInDueToAffiliatesCurrent`	$3.41M	USD	2 Qtrs
Accounts payable affiliates	`IncreaseDecreaseInDueToAffiliatesCurrent`	$29.81M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$1.30M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$1.48M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$398.45M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$423.56M	USD	2 Qtrs
Development of oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$383.24M	USD	2 Qtrs
Development of oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$240.36M	USD	2 Qtrs
Acquisitions of oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$15.00M	USD	2 Qtrs
Acquisitions of oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$627.39M	USD	2 Qtrs
Proceeds from the sale of oil and natural gas properties	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	$21.44M	USD	2 Qtrs
Proceeds from the sale of oil and natural gas properties	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	$800.00K	USD	2 Qtrs
Purchases of restricted investment securities HTM	`PaymentsToAcquireHeldToMaturitySecurities`	$5.39M	USD	2 Qtrs
Purchases of restricted investment securities HTM	`PaymentsToAcquireHeldToMaturitySecurities`	$8.88M	USD	2 Qtrs
Maturities of restricted investment securities HTM	`ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities`	$8.92M	USD	2 Qtrs
Maturities of restricted investment securities HTM	`ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities`	$3.60M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.70M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.81M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-374.94M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-864.04M	USD	2 Qtrs
Proceeds from the issuance of Senior Notes, after premium, discount and underwriting fees	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$199.25M	USD	2 Qtrs
Proceeds from the issuance of Senior Notes, after premium, discount and underwriting fees	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$394.00M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.90M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$14.87M	USD	2 Qtrs
Redeemable noncontrolling interest contributions	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$5.99M	USD	2 Qtrs
Redeemable noncontrolling interest contributions	`ProceedsFromIssuanceOfRedeemablePreferredStock`	$709.00K	USD	2 Qtrs
Redeemable noncontrolling interest distributions	`PaymentsForRepurchaseOfRedeemablePreferredStock`	-	USD	2 Qtrs
Redeemable noncontrolling interest distributions	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$417.00K	USD	2 Qtrs
Dividend to Class A common stock	`PaymentsOfDividendsCommonStock`	$12.17M	USD	2 Qtrs
Dividend to Class A common stock	`PaymentsOfDividendsCommonStock`	$14.01M	USD	2 Qtrs
Distributions to redeemable noncontrolling interests related to Class A common stock dividend	`PaymentsOfOrdinaryDividendsRedeemableNoncontrollingInterest`	$37.00M	USD	2 Qtrs
Distributions to redeemable noncontrolling interests related to Class A common stock dividend	`PaymentsOfOrdinaryDividendsRedeemableNoncontrollingInterest`	$34.41M	USD	2 Qtrs
Distributions to redeemable noncontrolling interests related to Manager Compensation	`PaymentsToNoncontrollingInterestsManagementCompensation`	$18.94M	USD	2 Qtrs
Distributions to redeemable noncontrolling interests related to Manager Compensation	`PaymentsToNoncontrollingInterestsManagementCompensation`	$12.73M	USD	2 Qtrs
Contributions from (distributions to) redeemable noncontrolling interests related to income taxes	`ContributionsFromDistributionsToNoncontrollingInterestsIncomeTaxes`	$-23.00K	USD	2 Qtrs
Contributions from (distributions to) redeemable noncontrolling interests related to income taxes	`ContributionsFromDistributionsToNoncontrollingInterestsIncomeTaxes`	$11.69M	USD	2 Qtrs
Repurchase of noncontrolling interest	`PaymentsToMinorityShareholders`	-	USD	2 Qtrs
Repurchase of noncontrolling interest	`PaymentsToMinorityShareholders`	$4.06M	USD	2 Qtrs
Noncontrolling interest distributions	`PaymentsOfDividendsMinorityInterest`	$2.52M	USD	2 Qtrs
Noncontrolling interest distributions	`PaymentsOfDividendsMinorityInterest`	$3.41M	USD	2 Qtrs
Noncontrolling interest contributions	`ProceedsFromMinorityShareholders`	$55.00K	USD	2 Qtrs
Noncontrolling interest contributions	`ProceedsFromMinorityShareholders`	$1.77M	USD	2 Qtrs
Cash paid for treasury stock acquired for equity-based compensation tax withholding	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Cash paid for treasury stock acquired for equity-based compensation tax withholding	`PaymentsForRepurchaseOfCommonStock`	$72.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-745.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.74M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$12.04M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$394.61M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$60.66M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-70.97M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$64.15M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$135.12M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$75.96M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$64.15M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$135.12M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$75.96M	USD	Point-in-time

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, Beginning balance (in shares)	`PreferredStockSharesOutstanding`	1,000.00	shares	Point-in-time
Preferred Stock, Beginning balance (in shares)	`PreferredStockSharesOutstanding`	1,000.00	shares	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$694.64M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$431.98M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$916.48M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.48B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$621.31M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$862.29M	USD	Point-in-time
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-84.53M	USD	1 Quarter
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$55.24M	USD	1 Quarter
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$5.41M	USD	1 Quarter
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$59.94M	USD	1 Quarter
Contributions	`TemporaryEquityContributions`	$3.00K	USD	1 Quarter
Contributions	`TemporaryEquityContributions`	$4.74M	USD	1 Quarter
Contributions	`TemporaryEquityContributions`	$1.53M	USD	1 Quarter
Distributions	`DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared`	$1.60M	USD	1 Quarter
Distributions	`DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared`	$4.20M	USD	1 Quarter
Distributions	`DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared`	$917.00K	USD	1 Quarter
Distributions	`DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared`	$645.00K	USD	1 Quarter
Repurchase of noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$4.06M	USD	1 Quarter
Dividend to Class A common stock	`DividendsCommonStock`	$5.80M	USD	1 Quarter
Dividend to Class A common stock	`DividendsCommonStock`	$7.13M	USD	1 Quarter
Dividend to Class A common stock	`DividendsCommonStock`	$8.21M	USD	1 Quarter
Dividend to Class A common stock	`DividendsCommonStock`	$5.04M	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$772.00K	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.37M	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.12M	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.08M	USD	1 Quarter
Change in deferred taxes related to basis in OpCo (see Note 2)	`AdjustmentsToAdditionalPaidInCapitalChangeInDeferredTaxesRelatedToInvestments`	$46.57M	USD	1 Quarter
Change in deferred taxes related to basis in OpCo (see Note 2)	`AdjustmentsToAdditionalPaidInCapitalChangeInDeferredTaxesRelatedToInvestments`	$-20.22M	USD	1 Quarter
Change in deferred taxes related to basis differences associated with the Class A Conversion	`AdjustmentsToAdditionalPaidInCapitalChangeInDeferredTaxesRelatedToEquityTransactions`	$69.71M	USD	1 Quarter
Change in equity associated with the Class A Conversion	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$618.73M	USD	1 Quarter
Adjustment of redeemable noncontrolling interests to redemption amount (see Note 2)	`AdjustmentsToAdditionalPaidInCapitalAdjustmentToRedeemableNoncontrollingInterestRedemptionAmount`	$194.98M	USD	1 Quarter
Adjustment of redeemable noncontrolling interests to redemption amount (see Note 2)	`AdjustmentsToAdditionalPaidInCapitalAdjustmentToRedeemableNoncontrollingInterestRedemptionAmount`	$-194.98M	USD	1 Quarter
Preferred Stock, Ending balance (in shares)	`PreferredStockSharesOutstanding`	1,000.00	shares	Point-in-time
Preferred Stock, Ending balance (in shares)	`PreferredStockSharesOutstanding`	1,000.00	shares	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$694.64M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$431.98M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$916.48M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.48B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$621.31M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$862.29M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.