Pickering Energy Partners merged with Heikkinen Energy Advisors, the Houston-based firms said in a recent joint release, forming Pickering Energy Partners Insights—billed as the “most comprehensive” investment adviser in the energy industry.

Headquartered in Houston, Pickering Energy Partners is an asset management and consulting firm specializing in energy investments. The merger with Heikkinen Energy Advisors is the latest evolution of the firm’s offerings focused on the energy landscape and solidifies its role in energy transition as the partnership allows the firm to offer even greater value to clients across all energy subsectors, “from traditional to renewables,” according to Dan Pickering, chief investment officer of Pickering Energy Partners.

“Our two teams have more combined energy experience [including ESG] than anyone else in the sector,” Pickering commented in a company release on July 7. “Add to that Heikkinen’s longstanding relationships across the industry and you see the creation of an energy powerhouse.”


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Also headquartered in Houston with an additional office in New Orleans, Heikkinen Energy Advisors is an investment adviser providing insights across all sectors of the energy industry including E&P, oilfield services, midstream, energy transition, mobility and technology.

Heikkinen Energy Advisors was founded in 2012 by David Heikkinen, who will join Pickering Energy Partners as a managing partner as part of the partnership. In the release on July 7, Heikkinen commented that the combination with Pickering Energy Partners will enable the firm to provide “the most comprehensive investment advice in the industry.”

“The merger will provide greater opportunities to exploit growth opportunities in oil and gas, the energy transition, and the technology that enables both,” he said.

Earlier in the year, Pickering Energy Partners also merged with SailingStone Capital Partners LLC, an investment firm which it said furthered its platform into energy transition and ESG across the upstream natural resource space. The firm also established a consulting team within the past year and partnered with MERGE Electric Fleet Solutions, a company that will help businesses and municipalities electrify and finance their vehicle fleets.