Forty Under 40: David Carter, RedOaks Energy Advisors

David Carter, managing director at RedOaks Energy Advisors, is today’s featured Forty Under 40 honoree.

Through the span of his career, Carter has heard whisperings about the oil and gas industry dying out or becoming replaceable, but he doesn’t believe that’s possible

With an optimistic mindset, he looks forward to continuing to watch his team grow and thrive for years to come. Originally from Lawton, Okla., the Dallas-based businessman loves to see his company and coworkers succeed.

“I want to continue to grow RedOaks Energy Advisors,” he said. “We are just getting started, and I think there is a lot of running room left for us to grow. I see us adding additional people and hopefully growing our business through the successful completion of more transactions.” 

An affiliate of TenOaks Energy Advisors, RedOaks focuses on providing results-oriented divestiture advisory services to a historically underserved space. Carter helped launch the firm in 2018 with the three founding TenOaks partners—BJ Brandenberger, Jason Webb and Lindsay Sherrer. 

“They wanted to form a new entity that would focus on what we call ‘lower middle market] transactions in the E&P space. ... Three years in, we have done a good job of establishing the company, and we look forward to continuing to challenge ourselves and serve our clients to the best of our ability,” he said.

Prior to joining RedOaks, Carter served as senior vice president of energy finance at LegacyTexas Bank (LTB) where he focused on facilitating debt financing for both E&P and midstream oil and gas companies. His clients at LTB included publicly traded and privately held organizations that covered multiple U.S. oil and gas basins.

Click here for David Carter’s complete profile.

Take a look at all of the Forty Under 40 honorees.