Natural Resources >> Analyst Interviews >> February 6, 2012

Upside in Offshore Oil Development to Benefit Capital Equipment – J. David Anderson – J.P. Morgan

J. David Anderson recently joined J.P. Morgan as an Executive Director and is a Senior Analyst covering oilfield services and equipment. He spent most of his career at UBS, where he was the large-cap oil services Analyst, after several years of covering small and midcap exploration and production companies. Before joining J.P. Morgan, Mr. Anderson covered large-cap exploration and production companies at Sterne Agee & Leach, Inc., for a short time. In 2006, he was recognized as Best on the Street by The Wall Street Journal, garnering second place in oil and gas producers. In 2007, StarMine ranked him the second-best earnings estimator in oil, gas and consumable fuels. Before his sell-side research career, Mr. Anderson practiced as a Senior Engineer for five years specializing in ports and harbors, offshore moorings and wave analysis, and is a licensed professional Engineer and commercially certified diver. He earned a bachelor's degree in electrical engineering from Lehigh University, a master's degree in ocean engineering from the University of Connecticut and a master's degree in civil engineering from Stevens Institute of Technology. Profile
TWST: Please begin with a brief overview of your coverage area, including the specific stocks you cover.

Mr. Anderson: I cover the oilfield services and equipment sector. There are really kind of