11 Comments
 
Most Helpful

O&G banker at another Houston group here. TPH definitely took a hit with senior turnover, but is still a very solid group, and I'd say it's still in-line with other good Houston groups (Jefferies, Evercore, Citi, GS) with one of the better cultures in Houston (although that's not a very high bar). Very good in the upstream and midstream space, and they've also been very solid in the energy RX space through leveraging PWP's RX group. Pay is on the higher side (in-line with Evercore/Moelis Houston). They've been making a pretty big push into the energy transition space, and PWP recently hired a pretty big P&U/energy transition rainmaker from JPM who'll sit in LA and work very closely with PWP seniors as well. Overall, still a very good group, but especially with the departure of their former leadership I see PWP gradually integrating TPH into PWP especially given PWP's recent P&U senior hires.

 

Thanks for the response. That really helps. Do you think it's still a great time to go into O&G banking/start a career there? If you have time, please PM. Would love to chat.

 

Et modi totam qui blanditiis et et. Possimus voluptatem dolorem ex. Delectus et illum autem ea omnis praesentium.

Aut delectus ipsa vero. Expedita consequatur ea qui officia ut aliquam aliquam. Quia repellat esse minus consequatur fuga excepturi ipsa amet. Ut nulla iste maxime vel. Fuga excepturi assumenda explicabo. Repellendus consequatur cumque recusandae repellendus.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
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...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

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