Velarion · Company Intelligence
Compensation Brief
Fiscal year 2022 · Filings through 2026-04-29

Crescent Energy (CRGY)

CEO David Rockecharlie was paid $0 in fiscal year 2022 (SEC filing 0001193125-23-221512 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$793,667
Bo Shi total, FY2022
General Counsel and Corporate Secretary — highest-paid officer; CEO David Rockecharlie: $0
—
CEO (David Rockecharlie) pay percentile vs peers
—
CEO-to-median pay ratio
—
Say-on-pay support, latest vote

You have just read Crescent Energy's Summary Compensation Table. The whole free brief as a PDF, sent in 2 minutes, with every figure cited — then a few short notes on the deeper CRGY reports.

We send the PDF within 2 minutes, then up to three short notes. Reply “unsubscribe” to any of them, any time.

Track this company's pay every filing: join the Pro seat waitlist

Velarion Pro: every company page, peer tools and exports, one seat — $1,200/year

A confirmation now and one email when Pro opens, and nothing else. Privacy

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- David Rockecharlie (Chief Executive Officer), FY2022 total compensation $0 (base salary $0) [exec_comp, SEC accession 0001193125-23-221512, filed 2023-08-25]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

01

Summary Compensation Table — fiscal year 2022

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Bo Shi$300,000$345,000$134,485$0$0$0$14,182$793,667
General Counsel and Corporate Secretary
David Rockecharlie000———00
Chief Executive Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2022 totalFY2021 totalFY2020 totalΔ FY2021→2022
Bo Shi$793,667———
David Rockecharlie0———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

How we handle your data → Privacy

Companies that benchmark against CRGY
3 companies name CRGY as a compensation peer

Each company listed discloses CRGY in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CRGY in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2022

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Bo ShiRSU2022-04-01——7,305—$134,485
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Bo Shi$134,485$0$00.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2022

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Bo ShiRSU7,305—$87,587
05

Incentive-plan design — the Compensation Discussion & Analysis

The compensation program is intended to attract, motivate, and retain talented individuals committed to high performance and successful company results. It is designed to align executive incentives with stockholder interests and promote the achievement of key corporate performance measures through a mix of cash and long-term, equity-based incentives.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantMeridian Compensation Partners
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
08

Director compensation — fiscal year 2022

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Karen J. SimonIndependent$73,000$168,102——$25,000$266,102
Claire S. FarleyIndependent · Compensation91,500168,102——0259,602
Ellis L. "Lon" McCainIndependent88,000168,102——0256,102
Erich BobinskyNot independent72,000168,102——0240,102
John C. GoffIndependent71,000168,102——0239,102
Bevin BrownEmployee director · Compensation71,000168,102——0239,102
Robert G. GwinIndependent69,000168,102——0237,102
David C. RockecharlieEmployee director—————0
Brandi KendallEmployee director · Compensation—————0
09

Board fee structure and ownership guideline

Annual cash retainer$65,000
Annual equity retainer$125,000
Per board meeting fee$1,000
Committee chair fees (audit / comp / nom-gov)15,000 / 10,000 / 9,500
Stock ownership guideline$5
09b

Total cost of the board

ComponentFY2022
Cash retainers and fees$535,500
Equity awards (grant-date value)$1,176,714
All other compensation$25,000
Total cost of the board$1,737,214

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2022

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Crescent Energy names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Crescent Energy.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Comstock Resources, Inc.2025M. Jay Allison$1,039,500$16,549,171$0$2,013,512$21,934,257
2EQT Corporation2025Toby Rice113,552,23202,535,00016,087,233
3Denbury Inc.2025Robert Blue1,287,5009,309,83004,421,31816,037,850
4Ovintiv, Inc.2025Brendan McCracken1,185,0009,900,00502,136,75013,693,140
5APA Corporation2025John Christmann IV1,300,0006,018,4361,897,9963,454,36013,202,517
6Marathon Oil Corporation2023Lee Tillman1,200,0008,668,144—1,980,00012,830,222
7California Resources Corporation2025Francisco Leon930,7699,070,69901,459,20012,076,766
8Matador Resources Corporation2025Joseph Foran1,800,0004,222,40003,726,0009,775,611
9Chord Energy Corporation2025Daniel Brown850,0006,362,91001,275,0008,567,235
10Range Resources Corporation2025Dennis Degner932,5006,143,87701,128,0008,375,421
11Murphy Oil Company2025Eric Hambly950,0004,917,31501,324,0637,651,445
12CNX Resources Corporation2025Nicholas DeIuliis800,0003,000,02402,396,0007,420,318
13Magnolia Oil & Gas Corporation2025Christopher Stavros870,1924,314,30901,480,5006,693,001
14Antero Resources Corporation2025Michael Kennedy655,4704,325,73401,678,3076,687,656
15SM Energy Company2025Elizabeth McDonald576,3692,299,9950536,0244,475,172
16PDC Energy, Inc.2025Robert Gerrity570,0001,780,3170864,0003,214,317
17Crescent Energy2022David Rockecharlie00——0
—Southwestern Energy Company——————not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Crescent Energynot disclosedRSU 100not disclosedMeridian Compensation Partners
Antero Resources Corporation157.2%PSU 50 · RSU 50Yes — Absolute TSRCBIZ Compensation Consulting
APA Corporation189.8%PSU 60 · Options 20 · RSU 20Yes — Relative TSRPearl Meyer & Partners, LLC
California Resources Corporationnot disclosedPSU 60 · RSU 40not disclosedLyons Benenson & Company Inc.
Chord Energy Corporationnot disclosednot disclosednot disclosedMeridian Compensation Partners, LLC
CNX Resources Corporationnot disclosedRSU 50 · PSU 40 · ESG PSU 10not disclosednot disclosed
Comstock Resources, Inc.not disclosednot disclosednot disclosedMeridian Compensation Partners, LLC
Denbury Inc.108%PSU 70 · MSU 30Yes — Relative TSR performancenot disclosed
EQT Corporation169%PSU 60 · RSU 40NoMeridian Compensation Partners, LLC
Magnolia Oil & Gas Corporationnot disclosedRSU 50 · PSU 50not disclosedFW Cook
Marathon Oil Corporation110%RSU 40 · FCF PSU 30 · TSR PSU 30NoMeridian Compensation Partners LLC
Matador Resources Corporationnot disclosedCash LTI 50 · PSU 50NoMeridian Compensation Partners, LLC
Murphy Oil Companynot disclosednot disclosednot disclosedMeridian Compensation Partners LLC
Ovintiv, Inc.140%RSU 50 · PSU 50Yes — Relative TSRFW Cook
PDC Energy, Inc.not disclosedPSU 60 · RSU 40not disclosednot disclosed
Range Resources Corporationnot disclosedPSU 60 · RSU 40Yes — Total Stockholder Return (TSR)Meridian Compensation Partners, LLC
SM Energy Company93%PSU 60 · RSU 40Yes — Absolute TSRFrederic W. Cook & Co., Inc.
Southwestern Energy Companynot disclosednot disclosednot disclosednot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at Crescent Energy in fiscal 2022?
As disclosed, Bo Shi (General Counsel and Corporate Secretary) was the highest-paid executive at Crescent Energy in fiscal 2022, with total compensation of $793,667.
How much does Crescent Energy spend in total on board compensation for fiscal 2022?
As disclosed, Crescent Energy reported total board compensation of $1,737,214 for fiscal 2022.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Bo ShiDEF 14A2023-08-250001193125-23-221512Section “Executive Compensation”. As printed: 793,667. View filing ↗
2Section 01, David RockecharlieDEF 14A2023-08-250001193125-23-221512Section “Executive Compensation”. As printed: 0. View filing ↗
3Section 03, Bo Shi RSUDEF 14A2023-08-250001193125-23-221512Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
4Section 08, Karen J. SimonDEF 14A2023-08-250001193125-23-221512Section “Director Compensation”. As printed: 266,102. View filing ↗
5Section 08, Claire S. FarleyDEF 14A2023-08-250001193125-23-221512Section “Director Compensation”. As printed: 259,602. View filing ↗
6Section 08, Ellis L. "Lon" McCainDEF 14A2023-08-250001193125-23-221512Section “Director Compensation”. As printed: 256,102. View filing ↗
7Section 08, Erich BobinskyDEF 14A2023-08-250001193125-23-221512Section “Director Compensation”. As printed: 240,102. View filing ↗
8Section 08, John C. GoffDEF 14A2023-08-250001193125-23-221512Section “Director Compensation”. As printed: 239,102. View filing ↗
9Section 08, Bevin BrownDEF 14A2023-08-250001193125-23-221512Section “Director Compensation”. As printed: 239,102. View filing ↗
10Section 08, Robert G. GwinDEF 14A2023-08-250001193125-23-221512Section “Director Compensation”. As printed: 237,102. View filing ↗
11Section 08, David C. RockecharlieDEF 14A2023-08-250001193125-23-221512Section “Director Compensation”. As printed: 0. View filing ↗
12Section 08, Brandi KendallDEF 14A2023-08-250001193125-23-221512Section “Director Compensation”. As printed: 0. View filing ↗
13Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
14Section 09b board cost (computed)Computed——Cash 535,500 + equity 1,176,714 + all other 25,000 = 1,737,214, summed across the director compensation table rows.
15Comstock Resources, Inc., Section 10b CEO totalDEF 14A2026-04-220001193125-26-170561CEO total compensation as printed in Comstock Resources, Inc.'s own proxy. As printed: 21,934,257. View filing ↗
16EQT Corporation, Section 10b CEO totalDEF 14A2026-02-260001104659-26-020027CEO total compensation as printed in EQT Corporation's own proxy. As printed: 16,087,233. View filing ↗
17Denbury Inc., Section 10b CEO totalDEF 14A2026-03-190001193125-26-115180CEO total compensation as printed in Denbury Inc.'s own proxy. As printed: 16,037,850. View filing ↗
18Ovintiv, Inc., Section 10b CEO totalDEF 14A2026-03-250001193125-26-124351CEO total compensation as printed in Ovintiv, Inc.'s own proxy. As printed: 13,693,140. View filing ↗
19APA Corporation, Section 10b CEO totalDEF 14A2026-04-090001193125-26-149453CEO total compensation as printed in APA Corporation's own proxy. As printed: 13,202,517. View filing ↗
20Marathon Oil Corporation, Section 10b CEO totalDEF 14A2024-04-100000101778-24-000082CEO total compensation as printed in Marathon Oil Corporation's own proxy. As printed: 12,830,222. View filing ↗
21California Resources Corporation, Section 10b CEO totalDEF 14A2026-03-180001193125-26-114093CEO total compensation as printed in California Resources Corporation's own proxy. As printed: 12,076,766. View filing ↗
22Matador Resources Corporation, Section 10b CEO totalDEF 14A2026-04-290001520006-26-000013CEO total compensation as printed in Matador Resources Corporation's own proxy. As printed: 9,775,611. View filing ↗
23Chord Energy Corporation, Section 10b CEO totalDEF 14A2026-03-190001486159-26-000010CEO total compensation as printed in Chord Energy Corporation's own proxy. As printed: 8,567,235. View filing ↗
24Range Resources Corporation, Section 10b CEO totalDEF 14A2026-03-310001193125-26-134699CEO total compensation as printed in Range Resources Corporation's own proxy. As printed: 8,375,421. View filing ↗
25Murphy Oil Company, Section 10b CEO totalDEF 14A2026-03-270001193125-26-127236CEO total compensation as printed in Murphy Oil Company's own proxy. As printed: 7,651,445. View filing ↗
26CNX Resources Corporation, Section 10b CEO totalDEF 14A2026-03-260001308179-26-000153CEO total compensation as printed in CNX Resources Corporation's own proxy. As printed: 7,420,318. View filing ↗
27Magnolia Oil & Gas Corporation, Section 10b CEO totalDEF 14A2026-03-240001104659-26-033837CEO total compensation as printed in Magnolia Oil & Gas Corporation's own proxy. As printed: 6,693,001. View filing ↗
28Antero Resources Corporation, Section 10b CEO totalDEF 14A2026-04-230001308179-26-000330CEO total compensation as printed in Antero Resources Corporation's own proxy. As printed: 6,687,656. View filing ↗
29SM Energy Company, Section 10b CEO totalDEF 14A2026-04-080000893538-26-000048CEO total compensation as printed in SM Energy Company's own proxy. As printed: 4,475,172. View filing ↗
30PDC Energy, Inc., Section 10b CEO totalDEF 14A2026-04-170001104659-26-044918CEO total compensation as printed in PDC Energy, Inc.'s own proxy. As printed: 3,214,317. View filing ↗
31Crescent Energy (subject), Section 10b CEO totalDEF 14A2023-08-250001193125-23-221512CEO total compensation as printed in Crescent Energy's own proxy. As printed: 0. View filing ↗
32Section 10a, Denbury Inc. reciprocityDEF 14A—0001193125-26-115180Denbury Inc.'s most recent proxy was read; its disclosed peer group does not include Crescent Energy. View filing ↗
33Section 10a, Magnolia Oil & Gas Corporation reciprocityDEF 14A—0001104659-26-033837Magnolia Oil & Gas Corporation's most recent proxy was read; its disclosed peer group does not include Crescent Energy. View filing ↗
34Section 10a, APA Corporation reciprocityDEF 14A—0001193125-26-149453APA Corporation's most recent proxy was read; its disclosed peer group does not include Crescent Energy. View filing ↗
35Section 10a, California Resources Corporation reciprocityDEF 14A—0001193125-26-114093California Resources Corporation's most recent proxy was read; its disclosed peer group does not include Crescent Energy. View filing ↗
36Section 10a, Matador Resources Corporation reciprocityDEF 14A—0001520006-26-000013Matador Resources Corporation's most recent proxy was read; its disclosed peer group does not include Crescent Energy. View filing ↗
37Section 10a, SM Energy Company reciprocityDEF 14A—0000893538-26-000048SM Energy Company's most recent proxy was read; its disclosed peer group does not include Crescent Energy. View filing ↗
38Section 10a, Antero Resources Corporation reciprocityDEF 14A—0001308179-26-000330Antero Resources Corporation's most recent proxy was read; its disclosed peer group does not include Crescent Energy. View filing ↗
39Section 10a, EQT Corporation reciprocityDEF 14A—0001104659-26-020027EQT Corporation's most recent proxy was read; its disclosed peer group does not include Crescent Energy. View filing ↗
40Section 10a, Comstock Resources, Inc. reciprocityDEF 14A—0001193125-26-170561Comstock Resources, Inc.'s most recent proxy was read; its disclosed peer group does not include Crescent Energy. View filing ↗
41Section 10a, Ovintiv, Inc. reciprocityDEF 14A—0001193125-26-124351Ovintiv, Inc.'s most recent proxy was read; its disclosed peer group does not include Crescent Energy. View filing ↗
42Section 10a, Marathon Oil Corporation reciprocityDEF 14A—0000101778-24-000082Marathon Oil Corporation's most recent proxy was read; its disclosed peer group does not include Crescent Energy. View filing ↗
43Section 10a, CNX Resources Corporation reciprocityDEF 14A—0001308179-26-000153CNX Resources Corporation's most recent proxy was read; its disclosed peer group does not include Crescent Energy. View filing ↗
44Section 10a, Murphy Oil Company reciprocityDEF 14A—0001193125-26-127236Murphy Oil Company's most recent proxy was read; its disclosed peer group does not include Crescent Energy. View filing ↗
45Section 10a, Range Resources Corporation reciprocityDEF 14A—0001193125-26-134699Range Resources Corporation's most recent proxy was read; its disclosed peer group does not include Crescent Energy. View filing ↗
46Section 10a, Chord Energy Corporation reciprocityDEF 14A—0001486159-26-000010Chord Energy Corporation's most recent proxy was read; its disclosed peer group does not include Crescent Energy. View filing ↗