Despite entering another pandemic year, the state of energy finance is definitely brighter than it has been—even pre-COVID, according to Jason Reimbold, managing director of energy investment banking at BOK Financial.

“In fact, the volatility is really what speaks to the opportunity,” Reimbold told Hart Energy Editorial Director Len Vermillion.

The root of the opportunity—higher commodity prices. In fact, Reimbold told Vermillion during their recent conversation on energy banking trends that higher oil and especially gas prices are opening up opportunities for operators to develop assets that had previously been considered uneconomic.

“It now provides really an opportunity to open up a segment within our sector that was otherwise untapped at the lower price environment,” he explained.

While higher commodity prices have certainly been a bright spot coming out of the pandemic, Reimbold noted an area where a price surge could have a negative effect—A&D activity.

“Where we have seen some adverse impact is when we see a market change—up or down—that can sometimes impede dealmaking,” he said.

Reimbold, who will be speaking at Hart Energy’s upcoming DUG Midcontinent conference, also gave a preview of what to expect in the Midcon, where nearly half of the energy investment bank’s divestment engagements were transacted.

“The way the pipeline appears to be for right now—2022 is shaping up to be more of the same,” he said.

 

Jump to a topic:

  • Why is energy still a good investment? (0:45)
  • Oil and gas investor opportunities (1:40)
  • Energy trends and buzzwords (2:55)
  • Supply-chain impact (5:20)
  • Oil and gas price surges (6:20)
  • DUG Midcontinent preview (7:35)
  • BOK Financial’s commitment to energy (8:45)
  • Renewable energy investment outlook (10:30)