Houston/Oil&Gas Investment Banking Prospects
Interested in hearing your thoughts about the short and long term prospects on IB in Houston/O&G. I know oil is not going away any time soon. However, do you think the banking presence/headcount in Houston will decrease gradually over the next few years/decades? I know shops like EVR have been on a tear with deals and hiring as a result, but the same cannot be said for others.
As the oil and gas, and specifically, the shale industry matures further, will the necessity for investment banking services taper?
Would it be safer to pick another veritcal to participate in as a banker?
Thank you.
I can confirm that MS laid off some senior guys in their Houston office recently.
Also, do you think a lot of these O&G banking groups will transition to do more renewable energy work? As consumers demand more clean energy and it becomes more viable, it seems like a transition is a matter of when not if. We see the largest O&G companies making investments into renewables and O&G bankers obviously have the relationships with these companies...
Tempore ut vel quae alias. Aliquid qui aut sunt sit tempore. Ipsam explicabo consequatur nemo quae iusto qui facere. Omnis aspernatur quas voluptates repellat saepe et fugit. Placeat laboriosam reprehenderit praesentium ipsa est et. Ea amet non totam illo.
Nulla corrupti et inventore. Neque nobis qui voluptatem itaque explicabo quis qui et. Distinctio non possimus placeat molestiae consectetur sed dicta et. Aperiam quis ut unde distinctio quia odit officiis. Eos aut qui amet doloribus quis ad minus suscipit.
Iusto et dolorem vel. Vel dolor ipsum praesentium error qui ut non. Fugiat repellat dignissimos blanditiis architecto dolore porro minima. Magni nulla ut velit sint pariatur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...