David Rockecharlie

Chief Executive Officer & Director, Crescent

Search every verified David Rockecharlie interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. On August 25, 2025, David Rockecharlie, CEO of Crescent Energy, participated in a conference call to discuss the company's announced acquisition of Vital Energy. During the call, he stated that the acquisition offers compelling value, with expected cash-on-cash investment returns in line with the company's target of greater than two times invested capital. He also noted that the valuation is covered by Vital's existing production base and is expected to deliver over 20% accretion to five-year free cash flow per share and over 10% accretion to net asset value per share. Rockecharlie also addressed the company's broader strategy, reaffirming commitments to a reinvestment rate of 50% or lower and a 25% decline rate. He mentioned that Crescent has been active in evaluating opportunities to maximize value, including a divestiture program announced in the fourth quarter of the prior year, and expressed confidence in the pipeline for capturing value. In his closing remarks, he welcomed the Vital team and said he looked forward to closing the transaction and achieving a positive outcome for shareholders of both companies.