Download Crescent’s 2021 ESG Report
News
August 9, 2022
Redefining
Smart Energy
Investing.
Crescent Energy is externally managed
by KKR’s Energy Real Assets team
Crescent Energy is externally managed
by KKR’s Energy Real Assets team
"We are excited about the potential for continued value creation as we expand Crescent Energy – executing our strategy over the last decade, we’ve built a unique platform with financial strength, asset scale and flexibility that we believe is well positioned to be a leader in a consolidating market.”
David Rockecharlie
Chief Executive Officer of Crescent Energy;
Partner and Head of KKR Energy Real Assets
We seek to deliver attractive risk-adjusted investment returns and predictable cash flows across cycles with a focus on operated oil and gas assets and complemented by non‐operated assets, mineral and royalty interests and midstream infrastructure. Our approach includes:
Eagle Ford
Denver Julesberg
Powder River
Permian
Uinta
Mid-Continent
Our Assets and Operations are Located Onshore in the United States
KKR is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website and on Twitter.
David Rockecharlie
Chief Executive Officer and member of the Board of Directors of Crescent Energy
Brandi Kendall
Chief Financial Officer and member of the Board of Directors of Crescent Energy
Todd Falk
Chief Accounting Officer of Crescent Energy
Ben Conner
Executive Vice President,
Investments for Crescent Energy
Clay Rynd
Executive Vice President,
Investments for Crescent Energy
Bo Shi
General Counsel of Crescent Energy
David Rockecharlie
Chief Executive Officer and member of the Board of Directors of Crescent Energy
David Rockecharlie has served as our Chief Executive Officer and a director on our Board since June 2021. Mr. Rockecharlie previously served as the Chief Executive Officer of Independence’s managing member since March 2021, prior to which he served as Manager and President of Independence’s managing member beginning in June 2020. Mr. Rockecharlie has also served as a director on Independence’s Board since June 2020. Mr. Rockecharlie joined KKR in 2011 and is currently a Partner and Head of KKR’s Energy Real Assets business and Chairman of KKR’s Energy Investment Committee. Prior to joining KKR, Mr. Rockecharlie was co-founder and co-CEO of RPM Energy, LLC, a privately-owned oil and gas exploration and development company. Previously, Mr. Rockecharlie served as co-head of Jefferies & Company’s Energy Investment Banking Group and before that was an executive with El Paso Corp., where he led a variety of corporate activities. Mr. Rockecharlie began his career as an energy investment banker with S.G. Warburg and Donaldson, Lufkin & Jenrette. Mr. Rockecharlie received an A.B., magna cum laude, from Princeton University. We believe Mr. Rockecharlie’s extensive industry experience and longstanding relationship with KKR make him well-suited to serve as a director.
Brandi Kendall
Chief Financial Officer and member of the Board of Directors of Crescent Energy
Brandi Kendall has served as our Chief Financial Officer and a director on our Board since December 2021. Ms. Kendall previously served as Chief Financial Officer of Independence’s managing member since March 2021, prior to which she served as Vice President of Independence’s managing member beginning in June 2020. Ms. Kendall has also served as a director on Independence’s Board since August 2020. Ms. Kendall joined KKR in 2013 and is responsible for a broad range of portfolio management activities for its Energy Real Assets team, including finance, planning, risk management and corporate development. Prior to joining KKR, Ms. Kendall served as director, finance and planning at Marlin Midstream and finance associate at NFR Energy. Ms. Kendall began her career in the energy investment banking industry, having held positions at JP Morgan and Tudor, Pickering, Holt & Co. Ms. Kendall earned a BA in Economics, Managerial Studies and Kinesiology from Rice University. We believe Ms. Kendall’s financial expertise and energy industry experience make her well suited to serve as a director.
Todd Falk
Chief Accounting Officer of Crescent Energy
Todd Falk has served as our Chief Accounting Officer since December 2021. Mr. Falk previously served as Chief Accounting Officer of Independence’s managing member since March 2021, prior to which he served as Vice President, Finance of Independence’s managing member beginning in June 2020. Mr. Falk joined KKR in 2018 and is a Director and Chief Accounting Officer of KKR’s Energy Real Assets business. Prior to joining KKR, Mr. Falk served as Director of Finance and Controller of Vitruvian Exploration. Mr. Falk began his career at Deloitte, where as a senior manager he assisted clients with complex financial reporting issues, specializing in initial public offerings and other interactions with the SEC. Mr. Falk has over 17 years of finance and accounting experience in the energy industry, is a Certified Public Accountant and holds a B.S., magna cum laude, in Accounting and an M.S. in Finance from Texas A&M University.
Clay Rynd
Executive Vice President, Investments for Crescent Energy
Clay Rynd has served as our Executive Vice President since December 2021. Mr. Rynd previously served as Executive Vice President of Independence’s managing member since March 2021. Mr. Rynd joined KKR in 2015 and is a member of the Energy Real Assets team. During his time at KKR, he has been involved in numerous oil and gas investments in North America within the Energy Income and Growth Funds strategy as well as KKR’s investments in FlowStream Commodities and Resource Environmental Solutions. Prior to joining KKR, Mr. Rynd was with Tudor, Pickering, Holt & Co. in the investment banking division, where he focused primarily on strategic advisory and M&A transactions for companies across the energy sector. Prior to that, he worked within the equity research division at Tudor, Pickering, Holt & Co. Mr. Rynd holds a B.A. in both Economics and History from Texas A&M University.
Ben Conner
Executive Vice President, Investments for Crescent Energy
Ben Conner has served as our Executive Vice President since December 2021. Mr. Conner previously served as Executive Vice President of Independence’s managing member since March 2021. Mr. Conner joined KKR in 2014 and is a member of the Energy Real Assets team. During his time at KKR, he has been involved in numerous upstream oil and gas investments in North America within the Energy Income and Growth Fund. Prior to joining KKR, Mr. Conner was with Lime Rock Partners and was directly involved in numerous investments, with a particular focus in North American upstream oil & gas and oilfield equipment, manufacturing and services. Prior to joining Lime Rock, he was with the natural resources investment banking group of J.P. Morgan where he worked on numerous corporate advisory and financing transactions. He is a graduate of the McCombs School of Business at the University of Texas (M.P.A., B.B.A.).
Bo Shi
General Counsel of Crescent Energy
Bo Shi has served as our General Counsel and Corporate Secretary since December 2021. Mr. Shi previously served as General Counsel for Independence since October 2021. Prior to joining Independence, Mr. Shi worked as a Senior Associate at Vinson & Elkins L.L.P from October 2014 to January 2018, and from December 2018 to October 2021. While at Vinson & Elkins L.L.P., his practice focused on capital markets transactions, corporate governance and mergers and acquisitions, primarily within the oil and gas industry. From January 2018 until December 2018, Mr. Shi served as Senior Counsel at IPSCO Tubulars Inc., a producer and supplier of oil country tubular goods. He received a J.D. from Harvard Law School and a B.A. in Political Science and Policy Studies from Rice University.
Excellence
Integrity
Stewardship
Teamwork
Our organization has invested a significant amount of time and resources to create an “owner mentality” around operations that is aligned with Crescent's overall strategy.
It starts with people: We hire experienced industry professionals who are highly motivated individuals to drive the day to day operations of our assets.
Alignment is key: Operating teams are fully aligned with our strategy of prioritizing free cash flow and returns and are incentivized by long-term asset value creation.
Crescent strives to be good stewards of others’ assets: our investors’ capital, the environment and the communities in which we operate. We believe that this stewardship, and our success, requires an alignment with the interests of our stakeholders including our employees, investors, customers, suppliers and society at large. As a result, we have defined our sustainability priorities, setting targets for accountability and continuous improvement.
Leveraging our relationship with KKR, and through the advice of our ESG Advisory Council, we have successfully integrated sustainability into our decision-making. We will continue reporting transparently on our progress, while working to produce better outcomes for the benefit of society, the environment and our investors.
At Crescent Energy, our people are our most valuable assets. We believe that diverse teams increase performance and produce better results and we focus on recruiting talent that will bring different experiences, capabilities, skills and viewpoints to our company. Crescent offers competitive compensation and benefits to all employees.
Crescent is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.
Explore our opportunities today.
Investor Relations
Crescent Energy Company
600 Travis, Suite 7200
Houston, Texas 77002
United States
Emily Newport
Telephone: +1 (713) 332-7001
Email: IR@crescentenergyco.com
Stock Transfer Agent
American Stock Transfer & Trust Company, LLC
6201 15th Avenue
Brooklyn, NY 11219
United States
Telephone: +1 (800) 937-5449
Website: www.amstock.com
Owner Relations
Email: ownerrelations@javelinep.com
Phone: 424-677-1110
Email: ownerrelations@contango.com
Phone: 405-252-5797