Pickering Energy Partners Formally Launches Energy Consulting Practice

Energy investment firm Pickering Energy Partners on Oct. 13 announced the launch of a formalized energy consulting practice.

The original Pickering Energy Partners was founded in early 2004 by Dan Pickering as an institutional energy research firm before subsequently partnering with Bobby Tudor and Maynard Holt in 2007 to become Tudor, Pickering, Holt & Co. Today, the firm works with public and private companies as well as institutional investors from its headquarters in Houston using an entrepreneurial approach to an energy-focused financial services platform with customized asset management strategies.

The newly announced consulting services are augmented by ongoing asset management and investment research activities that will help provide its energy industry clients with a more robust suite of services.

“In this challenging time, we have decided to expand into services that we have traditionally done only on request from large clients,” Dan Pickering, chief investment officer of Pickering Energy Partners, said in a statement. “By expanding our expertise, knowledge, and resources to advise a broader set of clients, we stand ready to guide them through the 2020 turbulence and the energy markets of the future.”

The firm’s consulting business will be led by Pickering and Walker Moody, the long-time leaders of the business, as well as Chris Micsak (director). The group will also be supported by a cross-functional team of dedicated consultants, private equity professionals and research analysts.

“At a time when we are seeing unprecedented activity in the market, it’s important for businesses in the sector to have the best counsel available to them,” Pickering said in his statement. “At Pickering Energy Partners, we have decades of experience and a proven track record of success throughout the ups and downs in the energy industry.”

The combined Pickering Energy Partners team brings over 150 years of energy market analytics, research and principal investing experience, and collectively has been involved in over $55 billion in energy transactions. Additional consulting team members will be added over the coming months.

Pickering Energy Partners has helped a wide range of clients in engagements ranging from investment advice and due diligence support to portfolio deep dive analyses. The firm said it has also helped energy companies build tools and strategies around company and investor ESG goals.

Watch Dan Pickering on The Private Equity Perspective at Hart Energy’s recent Virtual DUG Permian Basin Conference