Joined Deutsche Bank in July to help expand the firm’s presence in upstream oil and gas. Has four years of experience working in en- ergy finance and has spent the past two years focused on the U.S. A&D market.
Before joining DB, worked as an A&D analyst at Citigroup and at RBC Richardson Barr. Began career in corporate banking as an analyst for Iberiabank, where he underwrote oil and gas reserve-based loans.
“I’m not oil and gas by heritage and I happened into the oil patch. I came out of school right in the middle of the financial crisis, and I didn’t know exactly what I wanted to do. Fortunately, it was also the middle of the shale revolution and oil and gas offered great opportunities.”
Holds a BBA in accounting and BA in public policy from Southern Methodist University and is a member of Young Professionals in Energy.
Accomplishments: Has been involved with E&P transactions totaling more than $5 billion, including the sale of assets for both public and private companies, corporate M&A, joint ventures, buyside advisory, general advisory and fairness opinions.
“I feel privileged to be working with some really great people in the most fascinating industry in the world.”
On the rise of private equity: “There seems to be growing appetite for nontraditional structures to enhance deal sourcing--buying nonop assets, buying higher-risk assets, teaming up with both public and private companies using various joint venture structures and backing of young management teams. There’s more than $70 billion in private equity out there chasing deals--it’s hard to talk about A&D right now without looking at what private equity is doing.”
Goals: Hit the ground running at Deutsche Bank, but for the long term--“I want to stay involved in this industry and have a long, successful career in oil and gas.”
Recommended Reading
BP’s Kate Thomson Promoted to CFO, Joins Board
2024-02-05 - Before becoming BP’s interim CFO in September 2023, Kate Thomson served as senior vice president of finance for production and operations.
Magnolia Oil & Gas Hikes Quarterly Cash Dividend by 13%
2024-02-05 - Magnolia’s dividend will rise 13% to $0.13 per share, the company said.
TPG Adds Lebovitz as Head of Infrastructure for Climate Investing Platform
2024-02-07 - TPG Rise Climate was launched in 2021 to make investments across asset classes in climate solutions globally.
Air Products Sees $15B Hydrogen, Energy Transition Project Backlog
2024-02-07 - Pennsylvania-headquartered Air Products has eight hydrogen projects underway and is targeting an IRR of more than 10%.
HighPeak Energy Authorizes First Share Buyback Since Founding
2024-02-06 - Along with a $75 million share repurchase program, Midland Basin operator HighPeak Energy’s board also increased its quarterly dividend.