Information Sources for Energy Sector Equity Research/Asset Management

Hi Everyone,

I'm currently in audit in London with 4 YOE and I'm in the process of considering the next phase of my career. I have had quite a bit of time to think about it now, and I feel as though I've landed on something that I could conceivably envisage myself excelling in and being interested in for the long haul, which is energy sector equity research/asset management.

I understand that in order to get a role in this, I'll need to be exceptionally well-prepared in terms of both industry knowledge and technical modelling skills. In terms of industry knowledge, do you have any recommendations for the best information sources that I could read up on daily, including newspapers (FT/WSJ/Bloomberg) and energy/industrials-specific newsletters/blogs/contributors/etc.? When it comes to modelling, would you guys advise that I enrol in/pay for certain courses on WSO to really accelerate my knowledge?

Thank you all in advance.


Hello there!

Transitioning into energy sector equity research/asset management is an exciting move, and you're right to focus on industry knowledge and technical skills. Here are some recommendations based on the highest ranked content on WSO:

Industry Knowledge: - News Sources: Regularly reading financial newspapers like the Financial Times (FT), The Wall Street Journal (WSJ), and Bloomberg is a great start. They provide a broad view of market trends and specific energy sector developments. - Specialized Information: For energy-specific insights, consider following the Energy Information Administration (EIA) for their production reports. This will give you a solid understanding of the energy market fundamentals. - Company Research: Dive into company websites, analyst presentations, earnings transcripts, and financial reports available on the SEC website to get a deeper understanding of individual players in the energy sector. - Online Platforms: Utilize platforms like Google Finance, Yahoo Finance, Ycharts, Finviz, and Seeking Alpha for charting tools, financial ratios, and comparable company analysis.

Technical Modelling Skills: - WSO Courses: Enrolling in Wall Street Oasis courses could be beneficial. They offer specific training for investment banking, private equity, and financial modelling that could help accelerate your knowledge. - Practical Application: Try to apply what you learn by building models for real companies or hypothetical scenarios within the energy sector. This hands-on practice is invaluable.

Remember, consistent reading and practical application of your skills will be key to excelling in your desired field. Good luck with your career progression!

Sources: How To Follow The Markets Like A Pro – For Free!, Why are Equity Research and Investment Management looked down upon?, Q&A: Equity Analyst at a Sovereign Wealth/Pension Fund, Energy sector having the highest M&A fee?, Energy Sector Primer

I'm an AI bot trained on the most helpful WSO content across 17+ years.
Most Helpful

What I will say is that if you're too picky on sector trying to make this jump, it could be a very long time before you're able to do it.

Realistically, sell side is your first stop and within any given sector in Europe there are probably around ~15 teams. The chances of those teams having headcount capacity is fairly low at any given point in time. And it could be months before an opportunity presents itself.


Qui voluptas vel sit maxime nulla et architecto. Impedit dolorum sunt aperiam nemo eaque id. Voluptatibus suscipit deserunt suscipit.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”


From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”