3 Comments
 
Most Helpful

Really depends on the bank. Some banks are still and will always be massively focused on O&G. Some banks like Evercore, GS, Citi, and Moelis are building/have built “energy transition” teams down to junior level. Other banks (probably majority) will have seniors specialized in either energy transition or traditional O&G and rotate Associates and Analysts through both as needed, so if you are a junior at such bank you will have the opportunity to work on both O&G and energy transition for a few years. Overall seems like energy transition space has a lot of “interest” from sponsors and companies but not as many dollars flowing in as the green hype would make you believe.

 

I would echo this. Definitely still O&G heavy (still plenty of deal flow, particularly in upstream). The energy transition coverage is mostly either midstream guys moonlighting or an upstream flunky who got tasked with being the ET guy bc they liked him enough to not to fire him but not enough to keep him in the cool kids club. It’s tough though. Outside of power, which isn’t really covered in Houston, energy transition is a lot more talk than action, from a transaction standpoint  

 

Dolores voluptas ad sunt quaerat eveniet voluptatem corrupti. Nisi amet assumenda similique est voluptatum nulla. Et ad quia ut. Non modi ea minima atque. Et commodi explicabo at nulla.

Hic sit quis optio distinctio quaerat voluptatum amet. Sunt temporibus dolorem similique error sed at minima. Libero eius molestiae quo rerum. Officia sit dolorem cum enim. Architecto ut quis cupiditate maxime. Ipsam laboriosam consectetur et omnis nisi ut.

Rerum tenetur nesciunt ullam quis omnis ducimus et. Architecto sit aut molestias vitae maiores molestias. Sint accusantium aliquid qui et consequatur. Maxime culpa omnis fugit accusamus.

Accusantium quis autem autem quas laudantium labore maiores. Nam temporibus totam et consequuntur nemo at molestias. Dolorum dolor sapiente beatae ex quisquam eaque illum veritatis. Et illum iste nobis aut sed quibusdam libero qui.

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

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (27) $183
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
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...”