Natural Resources >> Analyst Interviews >> June 27, 2011

Drilling Recovery Strengthens Services’ Pricing Power – R. Thaddeus Vayda – Stifel, Nicolaus & Co., Inc.

R. Thaddeus Vayda joined the Stifel, Nicolaus & Co., Inc., research team in June 2006 to cover the oilfield services and equipment sector. Prior to Stifel, he worked at First Albany Capital Inc. and RBC Capital Markets covering land and offshore drillers, oilfield equipment and service companies, and power technology interests. Mr. Vayda's experience spans several industries and disciplines. He served as Director of corporate planning and financial analysis at Transocean Ltd., the world's largest offshore driller. During his tenure at Transocean, he managed a variety of projects in the U.S. and abroad, and in addition to his corporate responsibilities, he spent approximately one year working on drilling operations offshore in the Gulf of Mexico. Prior to Transocean, Mr. Vayda was a Senior Analyst in Northwest Airlines' fleet planning, where he played a key role in the formulation and execution of the company's worldwide aircraft rationalization strategy. Mr. Vayda also spent seven years with Booz Allen Hamilton. His areas of expertise were manufacturing, industrial technology, production enhancement and defense conversion. Mr. Vayda has an MBA from Duke University's Fuqua School of Business and a B.S. in mechanical/biomedical engineering. Profile
TWST: Please start with a snapshot of your coverage universe.

Mr. Vayda: We currently follow 15 names across the spectrum of market capitalization, including large-cap names - such as Weatherford