Redefining
Smart Energy
Investing.

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


Crescent Energy is a diversified, well capitalized, U.S. independent energy company with a portfolio of assets in key proven basins across the lower 48 states. Our core leadership team is a group of experienced investment, financial and industry professionals who continue to execute on the strategy we have employed since 2011.

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:

  • Employing a differentiated business model combining the best of an investor mindset and deep operational expertise
  • Investing capital with discipline and a focus on cash flow
  • Acquiring and developing a portfolio of low‐risk energy assets
  • Engaging on key ESG principles with a commitment to continuous improvement
  • Providing downside protection through strong risk management

map

Eagle Ford

Barnett

Denver Julesberg

Powder River

Permian

Mid-Continent

Our Assets and Operations are Located Onshore in the United States

oil and gas

Our management team is employed by KKR through a management services agreement.

About KKR

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.

The company is managed by KKR’s Energy Real Assets team.

David Rockecharlie

David Rockecharlie

Chief Executive Officer and member of the Board of Directors of Crescent Energy

Brandi Kendall

Brandi Kendall

Chief Financial Officer and member of the Board of Directors of Crescent Energy

Todd Falk

Todd Falk

Chief Accounting Officer of Crescent Energy

Benjamin Conner

Ben Conner

Executive Vice President,
Investments for Crescent Energy

Clay Rynd

Clay Rynd

Executive Vice President,
Investments for Crescent Energy

Bo Shi

Bo Shi

General Counsel of Crescent Energy


Invest in energy assets and deliver better returns, operations and stewardship


We believe Crescent Energy is a differentiated platform and, similar to our external manager, we are guided by our core values

transparency

Excellence

We aspire to be the best at what we do and how we do it.
We are disciplined, solution-oriented and accountable, and have high expectations for our individual and collective results.
Partnership

Integrity

We do the right thing and operate with honesty and courage.
We are transparent, ethical and authentic; we speak up, listen and treat others with the respect we each expect to receive.
Integrity

Stewardship

We work hard to keep earning our stakeholders’ trust.
We are trusted and empowered to deliver our financial, operational, environmental and safety commitments, and responsibly serve our teams, partners and communities.
Integrity

Teamwork

We know that our success depends on our collective contributions.
We work collaboratively, depend on each other, share information and seek out other perspectives to solve our challenges and achieve our objectives.

Our Strong Operating Culture

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.

  • Currently employ ~800 technical and administrative professionals across four operating subsidiaries
  • Field offices located in: South Texas, West Texas, North Texas, Rockies, Mid-Con and California


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.

  • Economics driven culture: Our people talk about business in terms of margins, profitability and cash-on-cash returns rather than drilling wells and production growth.
  • Our operating teams are experienced in their respective disciplines and basins and drive value creation through:
    • Maximizing cash flow from existing production
    • Making informed, returns-driven re-investment decisions
    • Ensuring a culture of risk management, safety and ESG

Responsible Investment

Committed to ESG Progress & Engagement


Improving the environmental, social and governance (ESG) performance of our assets is core to our business strategy. Through our ESG initiatives, we strive to positively impact the environment and communities where we operate, while supporting our bottom line and strengthening our operational performance.


We believe ESG performance plays an important role in sustainable value creation. As a result, we have defined our ESG priorities, setting targets for accountability and continuous improvement.

  • Aspire to be a zero-incident workplace
    • Enhance our asset assurance organization and EHS policies
    • Strengthen EHS risk management process
  • Work to reduce greenhouse gas emissions
    • Reduce absolute Scope 1 GHG emissions by 50% by 2027 (from 2021 baseline and operations)
    • Maintain methane emissions intensity below 0.20%
  • Manage and reduce freshwater use
    • Document water management plans for all operations, including in water-stressed regions
  • Listen and respond to community and stakeholder concerns
    • Formalize community engagement programs, improving the ability of local stakeholders to raise concerns
  • Develop a diverse and inclusive workforce
    • Maintain at least 30% diversity at the Board of Directors level

Leveraging our relationship with KKR, and through the advice of our ESG Advisory Council, we have successfully integrated ESG into our decision-making. We will continue reporting transparently on our progress, while working to produce better ESG outcomes for the benefit of society, the environment and our investors.

Responsible Investment Download Crescent’s 2021 ESG Report
Download Crescent’s 2020 ESG Report
end users

Careers at Crescent Energy

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.

Search Jobs

Learn more about Crescent Energy

Contact Us