Investment Banking

The Investment Banking team at Stephens offers a full-range of services to an array of sectors and industries, from consumer and healthcare to energy and technology.

Stephens Investment Banking For The Middle Market - Sectors

The Stephens Investment Banking team focuses on an expanding range of industries, from consumer and healthcare to energy and technology. In each area of focus, we combine in-depth industry knowledge with strong execution.

Stephens has a been a principal investor in the Energy space since 1952 and has a longstanding commitment to assisting and advising public and private Energy companies throughout their life cycles.

Stephens Energy investment banking practice began in 2009 and has completed over 65 transactions to-date. There are currently 10 professionals in the Energy investment banking group covering the Exploration & Production, Master Limited Partnerships and Oilfield Service sectors. The combined knowledge base of the Energy team enables us to provide clients an unmatched level of investment banking service, including mergers and acquisitions advisory, fairness opinions and public and private debt and equity offerings.

Our extensive network of relationships in the Energy sector and continued presence in the strategic and capital markets allows Stephens to provide investment banking clients with actionable advice and an independent perspective on asset valuations, potential strategic matters and financing alternatives.

Exploration & Production            

  • Oil, Gas and NGL
  • Shale, Tight Gas, CBM and Conventional


  • Gathering and Processing
  • Gas and Liquids Pipelines
  • Terminaling and Storage

Oilfield Services               

  • Service and Equipment
  • Production and Workover
  • Land and Offshore Drilling
  • Offshore Construction
  • Marine Transportation
  • Saltwater Disposal
  • Seismic

Alternative and Renewable Energy         

  • Ethanol
  • Biodiesel
  • Solar
  • Wind
Keith Behrens
Managing Director, Head of Energy (214) 258-2762
Dallas, TX
Charlie Lapeyre
Managing Director (214) 258-2784
Dallas, TX
Paul M. Moorman
Managing Director (214) 258-2773
Dallas, TX
Brad Nelson
Managing Director (214) 258-2763
Dallas, TX
Jim Wicklund
Managing Director (214) 258-2798
Dallas, TX
Ben Blaesche
Vice President (214) 258-2703
Dallas, TX
Evan Smith
Vice President (214) 258-2758
Dallas, TX

Not disclosed

A Portfolio Company Of

Has Been Acquired by

Alpenglow Rail Services Corporation and Connor, Clark & Lunn Infrastructure Ltd


Not disclosed

Has Acquired Certain Assets Of



$52 Million

CES Holding Company, Inc.

Has Been Acquired by

Strategic Buyer


$304 Million

Follow-On Offering


Not disclosed

Has Divested

its Lincoln County, OK & Glasscock County, TX Assets


$960 Million

In-Court Chapter 11 §363 sale and Plan of Liquidation

Financial Advisor to the Ad Hoc Group of Second Lien Noteholders

Not disclosed

Has Divested

Its Barnett Shale Upstream & Midstream Assets


$950 Million

Has Agreed To Acquire

Sabalo Energy, LLC

Advisor and Fairness Opinion

£62 Million

Adler & Allen Group Limited

A Portfolio Company Of




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