OF CAPITAL AND CONSOLIDATION

摘要

The offices of Tudor,Pickering,Holt & Co.feature a 49th story unobstructed,panoramic view of Houston’s Buffalo Bayou Park stretching upstream into the distance of the lush west side.TPH,as it is colloquially known,is an investment bank,advisory firm and provider of research,sales and trading services to institutional investors.Maynard Holt,CEO,strides into the corner lounge and settles on a couch before announcing,”They made me wear a tie.”While the capital markets remain quiet,the Houston-based firm has stayed active on several fronts.One area in particular is minerals,where it recently advised Viper Energy Partners in a dropdown from parent company Diamondback Energy Inc.,was a senior co-manager for mineral-focused special purpose acquisition company Switchback Energy Acquisition in its $300 million IPO and advised Desert Royalty Co.in its combination with Kimmeridge Energy Management Co.to form Desert Peak Minerals.