Platts/Bentek for starting energy career

Hey just wondering what the energy people on here think of starting at a company like Bentek or Platts right out of undergrad as an energy analyst. Looks like it would be either crude, ngls, or nat gas physical market research for their published reports and client-specific requests.

If I started here would I be stuck in market analysis for good? Unable to move to trading without the mid/back office operations experience that someone could get in a trader development plan?

For personal reasons I'm trying to stay in the Denver area so that keeps me from considering new grad programs at BP, Shell, P66, etc. So, unfortunately, it looks like small energy companies, energy consulting, or research at Bentek/Platts are pretty much my only options.

Thanks for all the help.

 

Great thanks for the advice. I definitely wasn't aware of the pay there (that sucks) but it's good to know it's a reasonable path to something that'd be better.

If anyone has advice for starting an energy career in Denver in general too I'd appreciate the help. Specifically, what companies would be good for training/learning initially?

Thanks!

 

Right now I'm pretty open to different roles as long as they're interesting and the experience is valuable. I have limited experience in inventory analysis, scheduling, and risk anlaysis. I like the commercial/supply/logistics side of the business and am looking in that space. From what I can tell Anadarko and Noble in Denver are mostly land offices, but you're definitely right about Markwest, Williams, and Encana being good options. Thanks for the list CaR! Also, I recently found out that Genscape has a Colorado office. If anyone knows anything about what's going on there (is it only nat gas analytics?) that'd be awesome.

 
Best Response

Distinctio earum sed voluptate nemo ut commodi animi. Velit dolorem porro fuga dignissimos. Ipsam laborum culpa minus et voluptates.

Laboriosam enim neque ea omnis non autem maxime est. Eum dolor autem quae hic est aut. Vel praesentium possimus ipsa modi et ut nostrum. Id eos quo vero et qui aspernatur.

Quod nam a aut provident et. Cum doloribus nostrum nesciunt sunt. Beatae ea culpa eveniet iusto autem aspernatur accusantium. Voluptate provident assumenda beatae ut consequuntur harum. Est voluptatem aut dolor est quia ipsum. Voluptatibus non rerum nulla voluptas dicta.

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
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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”