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In memory of

Dan
Pickering

Our Team
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Chief Investment Officer

Dan Pickering is the Chief Investment Officer at Pickering Energy Partners (PEP). PEP is a financial services firm focused on Investments and Advice in the energy sector – both traditional oil and gas and energy transition. Prior to PEP, he served as the President of Tudor, Pickering, Holt & Co., and Chief Investment Officer of TPH Asset Management. He has spent 30 years as an Energy Portfolio Manager, Researcher, and Analyst, first at Fidelity Investments (where he managed ~$1 billion of energy sector funds), then as Head of Research at Simmons & Company and as the founding partner of Tudor, Pickering, Holt & Co.

He currently serves as the Portfolio Manager of PEP’s energy equities strategy, is on the Investment Committee of PEP’s energy co-investment and private equity strategies and serves in various business development and oversight roles across the firm.

Dan is the Board Chair of Merge Electric Fleet Solutions and also serves on the Advisory Boards for the Houston CFA Society, Capital Creek Advisors, Dynamo Energy Hub, Midway Companies, as well as the Posse Foundation, the Board of Trustees for Texas Children’s Hospital and the Texas Children’s Hospital Foundation.

He holds a BS in Petroleum Engineering from the Missouri School of Science and Technology and an MBA from the University of Chicago.

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Sentiment Outpaces Fundamentals
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Energy stocks tumbled after Democratic midterm wins, as falling oil prices and fears over data center restrictions rattled Texas power producers.
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Private E&Ps rethink oil and gas M&A as drilling inventory tightens, weighing asset sales, consolidation and development amid volatile prices.
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Earnings Call Insights: Forum Energy Technologies (FET) Q3 2026
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Dan Pickering talks with CNBC’s Brian Sullivan about oil prices, energy deals, Venezuela’s production outlook and signs of slowing fuel demand.
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Brent crude settles near $109 as conflicting reports on US-Iran talks shake oil markets amid tanker attacks and ongoing tensions in the Strait of Hormuz.
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Rising Houthi attacks on Saudi Arabia and renewed Iranian targeting of shipping raise fears of October escalation around the Strait of Hormuz.
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Freight rates for moving U.S. oil to Asia have soared from $3 to $6 per barrel before the war in Iran to around $38 per barrel today.
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The World Moves Fast.
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Trump suggests Ukraine replace Zelensky as the leaders clash over a US-Russia diesel deal that Kyiv warns could prolong the war.
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Oil Prices rise after attacks on Saudi Aramco sites
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Analysts say the Iran war could drag on through November’s midterms as stalled peace talks and Tehran’s push for leverage prolong the conflict.
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More tankers are moving through the Strait of Hormuz as shippers gain confidence, but the global supply of oil is still below demand.
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An export ban likely would slow U.S. refining and eventually push up all fuel prices, including gasoline, jet fuel, and diesel.
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Oil futures don’t tell the whole story. The Iran war is tightening crude supplies, widening the gap between benchmark prices and what buyers actually pay.
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Continental Resources plans to invest in Venezuela as Dan Pickering highlights the major funding needed to restore the country’s oil production.
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Dan Pickering says Venezuela’s oil revival needs major foreign investment, but concerns over contract protections and past nationalizations persist.

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