Wolfe Research Hires Paul Sankey
#1 Ranked Oil and Gas Analyst Joins Expanding Research Boutique
New York, NY — February 3, 2014 - Wolfe Research, LLC announced today that Oil and Gas Analyst Paul Sankey has joined the firm as a Managing Director to lead Wolfe’s new Energy sector research effort. Sankey will be joined and supported by a large and talented team. His initial product will focus on Global Oil and Gas markets, with coverage of Major Oils and US Refining. Over time Sankey’s team’s coverage will extend into Oil & Gas Exploration & Production, and in due course into Oil Services & Equipment, with potential for longer term expansion into further Oil & Gas related sectors.
Mr. Sankey joins Wolfe Research after thirteen years at Deutsche Bank, where his team was consistently top ranked. Among numerous accolades, Sankey has been voted for eight consecutive years onto Institutional Investor’s All-America Research Team, with the #1 ranking in each of the past three years. He has been ranked #1 in Greenwich Associates & Bloomberg top analyst survey four times, including consecutively in the past three years.
Mr. Sankey commented: “I am very excited to join Wolfe Research. The firm has a reputation for intellectual integrity and rigour. After ten years covering Oil & Gas on Wall Street, during the most tumultuous decade for the combined markets in history, I am seeking a new challenge. Wolfe offers a dynamic, flexible, and highly focused platform that will allow us to cover the challenges and opportunities of the next decade. With the unconventional oil & gas revolution, the USA is once again the largest combined producer of oil & gas in the world, and the coming years have the potential to be as dramatic for global energy markets as the past decade has been. Wolfe Research provides us a strong, new, foundation to build a bottom-up team with intensely focused client coverage. We intend to produce timely, mega-theme oriented research, pursue an "analyst as activist" orientation as regards to corporate work, and provide a high degree of client interaction. As always, with due respect, we shall retain a sense of both humour and humor. In the interests of our clients, who themselves form a hugely important caucus in US and global markets, we aim to promote and inform energy policy in Washington DC, and by extension, globally. We are targeting late March for our initial launch."
Managing Member Ed Wolfe commented, “I am gratified that someone of Paul’s quality and stature would choose Wolfe Research as the right home to develop his team and practice his craft. Paul’s profound knowledge of the many factors shaping the global oil industry make him a unique analyst. He is capable of forming a thesis early—often counter to consensus—and he is then able to convey it to institutional investors in a concrete and actionable format. Adding Energy research to our existing franchises in the Macro, Utilities, Transports and Retail verticals seems like a natural expansion for our firm during 2014 and we can’t wait for Paul’s arrival.”
From 1990-2000, prior to working for Deutsche Bank, Mr. Sankey was a Managing Consultant for premier global oil & gas consultancy Wood Mackenzie, based in Edinburgh, Scotland. He started his career in 1990 as an analyst at the highly influential International Energy Agency, in Paris, developing a specialization in emerging markets oil and gas.
About Wolfe Research, LLC and Wolfe Research Securities
Wolfe Research, LLC was founded in 2008 as a research boutique by former Bear Stearns top-ranked Transportation Analyst, Ed Wolfe. The firm has grown to include now seven prominent research teams, establishing a reputation for both sector and macro research. Each team was recognized by clients in Institutional Investor magazine’s 2013 All-America Research Poll, in which the firm’s weighted rank was #13 overall for U.S. equity research. In February 2013, Wolfe was named by Business Insider as one of the top 16 Wall Street firms where employees want to work.
In May 2010, Wolfe Research Securities was launched as an affiliated broker dealer. Wolfe Research Securities acts as a distribution arm through its trading desk for Wolfe Research in addition to engaging in equity and debt underwriting and corporate finance advisory. It provides unbiased service and advice singularly focused on advancing clients’ long term interests. Wolfe Research, LLC and its affiliates currently employ about 60 full time professionals and continue to actively search for top talent. Please learn more about us at www.WolfeResearch.com.
Peter W. Ryan
President and Head of Institutional Services
Wolfe Research, LLC
Wolfe Research, LLC