Natural Resources >> Analyst Interviews >> January 26, 2015

Weathering the Oil Price Storm Through Defensive E&P Stocks

Grigel, Paul
Paul Grigel, CFA, is an Analyst responsible for providing coverage of U.S. independent exploration and production companies at Macquarie Group Limited. He is based out of the Denver office and joined the company in 2011. Prior to joining Macquarie Group Limited, Mr. Grigel worked as a senior consultant at FTI Consulting advising both companies and lenders on multibillion-dollar bankruptcy cases as well as performance improvement projects. Previously, he worked for Anschutz Investment Company, where he headed up fundamental research efforts for a leveraged loan and distressed securities portfolio. He has also worked for Lehman Brothers in investment banking, focusing on equity capital markets. Mr. Grigel holds a B.S. in finance and a B.A. in economics, both with distinction, from the University of Colorado Boulder. He has earned the right to use the Chartered Financial Analyst designation. Profile
TWST: Please give an overview of your coverage universe and experience in the E&P space.

Mr. Grigel: Right now we cover 25 companies in the U.S. exploration and production space,