For the past 14 years, Energy Capital Solutions, LLC (“ECS”) has been a leading investment banking firm focused on private capital raising and M&A advisory assignments for mid-sized public and private energy companies.
The current commodity price cycle coupled with unprecedented regulations has created a challenging environment for the oil and gas industry. Oilfield services clients have seen margins compressed and utilization drop precipitously. E&P companies, while benefiting from the reduced cost environment, are reducing capital expenditures in the face of marginal or non-economic returns.
Borrowing bases have been cut by traditional banks who are under scrutiny by federal regulators. ECS is ready to assist its clients to find capital to bridge the borrowing base gap and to help clients play offense in this environment.
Recently, ECS advised Basic Energy Services on its $250 million capital commitment from Quantum Energy Partners to help Basic take advantage of opportunities in this cycle, and advised a confidential client on a new $50 million reserve-based senior credit facility.
Private equity capital, mezzanine capital, and strategic sales are all tools to consider as the energy industry endures the current cycle. ECS’ team of senior professionals have decades of experience helping management teams navigate both the capital markets and M&A opportunities. Let us help you create value for your stakeholders and maximize your alternatives.