It’s hard not to talk about oil first,” confessed Maynard Holt, co-president and one of the namesakes of Houston-based investment bank and advisory firm Tudor, Pickering, Holt & Co. “Oil is hot.”
Holt provided his perspective on the revived and restructured upstream M&A marketplace at the recent Energy Gathering held by energy law firm Gardere, Wynne & Sewell. He seemed almost incredulous at how quickly the excitement has turned from gas to oil.
“The world has changed,” he declared.
Contrast today’s oil-focused mentality to the seven years prior to 2008, ...