Tenaska Capital Management Interview Questions (2024) - 3 Entries

Tenaska Capital Management Interview Questions

3 total interview insight submissions

Interview Experience (89%)

The Interview Experience is a score from 1 star (very negative) to 5 stars (very positive) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

4.7

Very Negative
Negative
Neutral
Positive
Very Positive

Interview Difficulty (91%)

The Interview Difficulty is a score ranging from very difficult (red) to very easy (green) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. The higher the number, the more difficult the interviews on average. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more insights, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire data set.

3.7

Very Easy
Easy
Average
Difficult
Very Difficult

% Interns - FT Offers (41%)

The % of Interns Getting a Full Time Offer chart is meant to provide a realistic estimate of the hiring practices of the company based on the reviews at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to the simple company average and away from the average of the entire data set.

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Interviews at Tenaska Capital Management

Get Prepared

Year

Job Title

Group/Division

Location

Experience

Difficulty

Intern

Year 2019

Job Title Intern

Group/Division Oil & Gas

Location Omaha

Experience

Very Positive

Difficulty

Average

1st Year Analyst

Year 2013

Job Title 1st Year Analyst

Group/Division Oil and Gas

Location Omaha

Experience

Very Positive

Difficulty

Difficult

Intern

Year 2013

Job Title Intern

Group/Division Energy

Location Omaha

Experience

Positive

Difficulty

Difficult

Interview Questions & Answers - Tenaska Capital Management Examples

Intern Interview - Oil & Gas

Anonymous employee in Omaha

Interviewed: August 2019

Date Submitted: Aug 29, 2019

Outcome

Accepted Offer

Interview Source

Employee Referral

Length of Process

Less than 1 month

Application

Phone Interview

1 on 1 Interview

Group Interview

Background Check

Interview

applied online, next step is phone call with MD of department, group interview with the team, 1 on 1 interview with MD in person.

Interview Questions

During the group interview with the team I was interviewing for, every person asked me a different brainteaser question. The first one involved calculating what I would spend on gas from one point to another. The second one was to name everything I could do with a brick in a minute. They also gave me a sheet of paper with different numerical patterns and I was asked to find the next number in the sequence. Most of the interview however was going over my resume and answering different behavioral questions.

Sample Answer

Analyst Interview - Oil and Gas

Anonymous employee in Omaha

Interviewed: May 2013

Date Submitted: Oct 09, 2014

Outcome

Accepted Offer

Interview Source

Recruiter

Length of Process

1-2 months

Application

Phone Interview

1 on 1 Interview

Group Interview

Background Check

Interview

The process started out with a 30-minute phone interview discussing your background and interest in the company. Next was an in-person meeting with the hiring Senior VP of Capital Markets. After that, I was brought back for basically a day of interviewing that consisted of 5 interviews with folks ranking from analyst to managing director. Final interview was with the Senior Managing Director. Read primers on the energy industry to be able to have some talking points. The firm is more interested in finding a personality fit than a modeling superstar. If you are passionate and show a true interest in the people you are interviewing with, it will go a long way to securing a job. The analysts and associates will be the most critical of you because they are the ones who will work with you on a daily basis.

Interview Questions

The firm is considering three different projects: a solar plant, a natural gas power generation plant, and a coal plant. How would you decide which project to invest in? What questions would you want answered and how much would you pay for each?

What do you do in your spare time? How much are you willing to work? What are you career aspirations? Why aren't you going into banking? Do you expect to get an MBA at some point in the future?

Understand what a dispatch curve is and how to interpret one.

Sample Answer

Summer Private Equity Internship Interview - Energy

Anonymous employee in Omaha

Interviewed: 2013

Date Submitted: Jan 31, 2014

Outcome

Accepted Offer

Interview Source

Employee Referral

Length of Process

1-2 months

Application

Phone Interview

1 on 1 Interview

Group Interview

Skills Test

Background Check

Other

Interview

Interview process consisted of two phases (after employee referral). The first phase consisted of a 30-45 minute phone interview and a final round interview that lasts all day. Phone interview covered typical questions that cover your resume, why energy PE, why us, and behavioral questions. The final round was much more rigorous; you go through hour long interview rounds with HR, analysts, associates, managing directors, VPs, etc. Don't worry though, they give you a lunch break where you go through an informal interview with some analysts/associates. The process was quite smooth and travel expenses were paid for. The culture is very lax compared to the larger megafunds but has a very colloquial feel.

Interview Questions

Which of the following three companies would you invest in and why (numbers may vary).
1. New natural gas power generation facility equipped with new technology at $200M with potential return of 25%.
2. Old coal facility for $100M with a risk level of 18%
3. Wind power facility for $80M with a risk level of 10%

Answer (a brief summary):
I would invest in the natural gas power generation facility. First of all, I know that the fund has an expectation to only invest in companies valued at over $100M so the wind power facility is not a good investment candidate. The old coal facility is tempting because of the fact that it presents low risk but decent returns. In addition, I believe that the older coal facilities may be undervalued, making it a great strategic buy-sell option as the market corrects itself. However, when considering the potential returns on the new natural gas facility (despite the higher risk of new tech), it seems like a good investment. Natural gas power generation facilities also also incur less fixed costs. However, the one thing that I would be wary before investing in it would be to communicate with marketing team to get a layout of what the power consumption levels are going to be in the target region.

When investing in a midstream investment, what would you consider?

Answer (a brief summary):
If we are looking at a midsteam investment such as a pipeline network, I would want to first want to map and evaluate both its capacity levels and volume levels; this would give me a sense of the future cashflows. In addition, I would evaluate whether the investment is over/under valued currently; this will give me an idea of how risky the investment is. Lastly, I would want to know how long of a contract commitment I would be bound to; this would also give me a sense of risk. I would incorporate all of this to value the target midstream investment and have a comparison with similar investments.

Sample Answer