Energy, Power & Renewables

Throughout the pandemic, U.S. oil field services companies were severely tested by a number of trends, including demand reduction during lockdowns, dramatically lower rig counts, and severe swings in oil and natural gas prices. Exploration and production companies have become highly disciplined, using increased cash flows to pay down debt and return capital to shareholders rather than ramp up drilling and completion activity.

At Carl Marks Advisors, we understand the challenges facing companies across the E&P, midstream, and oilfield services sectors and what these issues mean for their stakeholders. Our experts, led by our team in Houston, know how to pinpoint critical value drivers, evaluate options, and help make decisions that borrowers, lenders, investors, and other stakeholders face regarding capital expenditure plans and liquidity requirements.