Crescent Energy Company's Pro Forma Financial Statements Post Acquisitions

Crescent Energy Company filed a Form 8-K on September 16, 2025, providing unaudited pro forma condensed combined financial statements following the completion of the Ridgemar Acquisition and the SilverBow Merger. The Ridgemar Acquisition, completed on January 31, 2025, involved the purchase of all issued and outstanding securities of Ridgemar (Eagle Ford) LLC for $830 million in cash and 5,454,546 shares of Crescent Class A Common Stock, with potential earn-out consideration of up to $170 million. The SilverBow Merger, completed on July 30, 2024, involved the acquisition of SilverBow Resources, Inc. for a combination of cash and Crescent Class A Common Stock. The pro forma financial statements reflect the combined operations of Crescent, Ridgemar, and SilverBow as if the acquisitions had occurred on January 1, 2024. The filing includes unaudited pro forma condensed combined statements of operations for the year ended December 31, 2024, and for the six months ended June 30, 2025, along with related notes. The pro forma statements are for informational purposes only and do not reflect future events or potential operating efficiencies.