Tudor, Pickering, Holt & Co. (“TPH”) provides strategic and financial advice to investors, management teams, boards of directors, government bodies, and other professionals and participants in the global energy industry. We as a firm love the financial, technical, and moral challenge of both powering the economy and protecting the environment.

Today, TPH’s research team covers approximately 130 companies, its sales and trading team provides service to institutional energy investors globally, and its investment banking effort includes over 100 professionals with significant transaction and energy industry expertise. Approximately one third of TPH’s team has technical experience and worked previously in the energy industry. With offices in Houston, Calgary, Denver, London and New York, TPH is very active advising clients in upstream, midstream, infrastructure, oilfield services, refining and petrochemicals, energy technology (including renewables), activist situations, restructuring, commodity risk management, ESG, and in public and private capital raising.

TPH was founded in 2004 with the creation of an independent, energy-focused, research-only firm. TPH launched its energy investment banking practice in 2007, and in 2016 joined forces with PWP. For more information on PWP, please click here.


Our Vision
  • Have the best, most in-depth and incisive Energy equity research in the market
  • Have a sales force that leverages that research into leading market share
  • Have a trading desk that executes at the highest standards
  • Participate in every equity underwriting (or capital raising) which we feel we can support, with economics that reflect our relative value-added
  • Have the leading energy M&A Advisory franchise, as measured by market share and profitability
  • Be the “Employer of Choice” and find the people of choice in Energy Financial Services
  • Be the clear innovator in everything we do
Our Culture
  • Love Your Clients – Without them, we’re not in business. Worry about them. Spend time with them. Serve them well.
  • Tell the Truth – Our business hinges on our reputation and our reputation hinges on both our ability and our integrity. There is no integrity without the truth.
  • Say “We,” not “I” – The power of our business is in the ability to leverage all of us.
  • Take Responsibility – When bad things happen, ask “What can I learn?” and “What’s the opportunity?” Be forthright, make amends, and move on.
  • Share the Credit – You’ll get more help from others, and you’ll be more effective.
  • Keep Some Perspective – Don’t take yourself, or the firm, too seriously. Make sure your family comes first. Take your vacation. Enjoy each other. Laugh a lot.