Associate, Reservoir Engineer – Investment Banking

Stephens DefaultDallas, TX
Onsite

About The Position

Stephens is a privately held, family-owned financial services firm founded in 1933, focused on building long-term relationships and providing independent thinking to earn client trust. The firm offers a full array of investment banking services, including advising on mergers and acquisitions, debt and equity capital raising, restructurings, and strategic transactions. Stephens provides objective advice and precise execution, serving public, private, and family-owned businesses, as well as financial sponsors, family offices, and institutional investors. The Energy: Exploration & Production team has a long history of providing M&A, A&D, capital raising, and capital solutions for companies in the oil & gas exploration and production sector. Senior bankers on this team combine technical expertise with deep relationships in the industry. Clients seek out this experienced team for specialized solutions and an owner-oriented perspective.

Requirements

  • 2+ years of Petroleum Engineering Experience at an investment bank, third-party engineering firm, or operating/non-operating/minerals company with substantial experience conducting A&D valuations.
  • Engineering undergraduate degree is required
  • High level of economic understanding of producing and development field economics: Fundamentals of a discounted cash flow: capex, opex, discount rates, LOE, basis differential, price deck, rig schedules, type curve inputs, & economic limit
  • Computer skills: Deep understanding of Microsoft Office, especially Excel and Access, is required
  • ComboCurve, ARIES and/or PHDWin experience required

Nice To Haves

  • Graduate technical or business degree a plus
  • familiarity with other forecasting methods helpful but not required
  • Experience developing custom tools assisted by AI is a plus
  • Experience with Enverus Prism a plus; IHS or others acceptable

Responsibilities

  • Technical evaluation of client oil & gas assets using industry standard economics software (e.g. ComboCurve, ARIES, or PHDWin) as well as commonly used software such as the MS Office Suite
  • Prior experience with decline curve analysis required; familiarity with other forecasting methods helpful but not required
  • Ability to generate/manage evaluation databases and economic forecasts
  • Working with senior members of the team, assist in development of key marketing materials and execution of mandates
  • Key client reviews (e.g. review of PDP forecasts, type curves, LOS model, etc)
  • Confidential Information Memoranda / data room presentations
  • Population of virtual data rooms
  • Contribution to/participation in presentations
  • Following up on external party Q&A
  • Attending internal and external project meetings as required. The right candidate will eventually develop the ability to lead these meetings
  • Assist with miscellaneous technical project-related duties as required
  • Assist with development of new business activities across a variety of investment banking products with emphasis on sell-side A&D pitches
  • Writing of technical portions of pitch books
  • Attend pitch meetings
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