Who We Are

What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.

Leadership

Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

Impact Initiatives

We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

Our Brand Ambassadors

Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

Making Connections

We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

Investment Banking

Energy & Clean Energy Transition

Stephens has been in the Energy space since 1952. From oil & gas to breakthroughs in renewables, we know the trends affecting companies in the Energy sector, and how to apply those insights to successful capital raising and M&A strategies for our clients.

The Energy team creates innovative solutions for the vast ecosystem of firms that power the country. Whether it is evolving valuation calculations of PDP reserves or the impact of ESG concerns, our experts grasp nuances within each subsector that are essential to the client’s investment banking needs.

Acquisitions & Divestitures

Our highly active bankers excel at strategies for consolidators, post-reorganization situations, reserve-based lending and more.

Clean Technology & Infrastructure

We advise companies that are driving the decarbonization of the US energy market, including early stage renewable firms.

Exploration & Production

Drilling and fracturing operators come to us for specialized solutions. We think like bankers, and like E&P owners.

Midstream

We have extensive experience serving gathering & processing, transmission, distribution and storage related businesses.

Oilfield & Energy Infrastructure Services

Our unique insight on market dynamics and the buyer universe allows us to provide realistic advice to public and private firms.

Featured Transactions

  • M&A Advisory

    Business Combination With

    To Form

    $1.3 Billion

    M&A Advisory

    Executive Network Partnering Corporation

    Financial Advisor and Fairness Opinion

    Exploration & Production

    Public Companies

    $1.3 Billion

    05/16/2022

    Learn More
  • Equity Capital Markets

    Initial Public Offering

    $384 Million

    Equity Capital Markets

    Excelerate Energy

    Co-Manager

    Energy & Clean Energy Transition

    Public Companies

    $384 Million

    04/12/2022

    Learn More
  • M&A Advisory

    Private Placement

    $55 Million

    M&A Advisory

    Encina

    Placement Agent

    Energy & Clean Energy Transition

    $55 Million

    03/14/2022

    Learn More
  • M&A Advisory

    Proposed Amendment To Supply Agreement With

    M&A Advisory

    Flotek Industries

    Fairness Opinion

    Energy & Clean Energy Transition

    Public Companies

    Not Disclosed

    02/16/2022

    Learn More
  • M&A Advisory

    Has Sold

    To

    M&A Advisory

    Ferrovial Services

    Financial Advisor

    Energy & Clean Energy Transition

    Private Companies

    Not Disclosed

    11/30/2021

    Learn More
  • Equity Capital Markets

    Follow-On Offering

    $52.5 Million

    Equity Capital Markets

    Kimbell Royalty Partners, LP

    Co-Manager

    Energy & Clean Energy Transition

    Public Companies

    $52.5 Million

    11/09/2021

    Learn More
  • Equity Capital Markets

    Initial Public Offering

    $180 Million

    Equity Capital Markets

    Accretion Acquisition Corp.

    Book-Running Manager

    Acquisitions & Divestitures

    Public Companies

    $180 Million

    10/20/2021

    Learn More
  • Equity Capital Markets

    Initial Public Offering

    $240 Million

    Equity Capital Markets

    Black Mountain Acquisition Corp.

    Book-Running Manager

    Acquisitions & Divestitures

    Public Companies

    $240 Million

    10/14/2021

    Learn More

Senior Bankers