Rett Daugbjerg '22

Tudor, Pickering, Holt, & Co. Boot Camp, Summer 2020

I spent a week in the TPH Summer Boot Camp. TPH is an energy-focused investment bank based out of Houston, but has offices in New York, Denver, Calgary, and London. The first half of the week consisted of a speaker series where different members of the TPH team would walk us through different verticals within the Oil and Gas industry (upstream, oilfield services, midstream, downstream, energy tech, and integrated subsurface). Although remote, it was a great experience and the group of boot campers was small enough to ask questions to whoever was presenting. On Wednesday afternoon, we were divided into groups and given a publicly traded oilfield services company to create a mock strategic advising presentation for. Our team worked through different valuation models and ultimately presented the acquisition of another OFS company with various synergies that led to a highly accretive transaction. Although it was a mock-presentation, it was a great way to learn about what the bankers at TPH were working on each day.