Steve Pattyn

Yaupon Capital

Managing Member

Steve Pattyn is the Founder and Chief Investment Officer of Yaupon Capital Management, an alternative asset management firm focused on energy and utilities. Mr. Pattyn has over 18 years of experience in energy and financial services. Prior to founding Yaupon, he was a Managing Director at Oz Management, with a focus on the energy and utilities sectors. His team was responsible for idea generation, analysis, due diligence, and position monitoring of the firm’s energy public equity portfolio. He previously worked in Oz Management’s private equity group, where he helped the firm invest in oil services and upstream companies. Prior to joining Oz in 2007, he was an Investment Banking Analyst within the Global Energy group at Morgan Stanley and a Production Technologist at BP. Mr. Pattyn holds a BA from Rice University and is fluent in Japanese.

Sessions With Steve Pattyn

Tuesday, 7 March

  • 11:55am - 12:45pm (CST) / 07/mar/2023 05:55 pm - 07/mar/2023 06:45 pm

    The Role of Energy Companies in Capitalizing the Transition

    Finance & Investment/Trading & Risk Management/ESG
    The moment of truth has arrived for energy companies strategizing for the energy transition. For most oil and gas firms, and even most power producers, low-carbon energy investing and technology-based business model transformations have been sideshows to the decades-long core business of managing operating margins for fossil fuel extraction and use. Following the disruptions of the early 2020s, transformative responses by governments to realign industrial policy with climate goals and cleantech dominance, along with a sudden infusion of cash from ricocheting supply shortfalls means that energy companies now have the money and the incentive to move quickly into the energy transition. How quickly can their capex mix evolve? How will business models shift? Will private markets become a refuge for large oil and gas firms with legacy asset mixes that have extraordinary cashflow characteristics but limited exit liquidity? How can regulators, politicians and investors prepare?