Oil's Impact On The Market

One of the biggest topics for investment in this century will be diagnosed and dissected by our own CFA Society of Colorado member, and noted oil industry analyst, Thomas Petrie. Will peak oil be the determining factor? What is the potential impact of alternative energy on oil prices and demand? How should we as investment managers position client portfolios? Thomas Petrie will present his analysis and insight for our society on November 13.

Thomas A. Petrie was a co-founder of Petrie Parkman & Co., a Denver and Houston based energy investment banking firm that merged with Merrill Lynch in December 2006. With this transaction, he became a Vice Chairman of Merrill Lynch and a member of its Executive Client Coverage Group. He was a former Managing Director and Senior Oil Analyst of The First Boston Corporation. During his career, Mr. Petrie has been an active advisor on many energy related mergers and acquisitions, totaling more than $140 billion.

Mr. Petrie has a Bachelor of Science degree from the U.S. Military Academy at West Point and received his MSBA from Boston University (overseas). He is also a Chartered Financial Analyst.

An active member of several industry associations, Mr. Petrie is a past President and member of the Board of Directors of the National Association of Petroleum Investment Analysts. He has also served on the Securities and Exchange Commission Advisory Board, on Oil and Gas Accounting, and has delivered a number of technical papers to the Society of Petroleum Engineers on the subjects of petroleum valuation, merger and acquisition trends, and energy policy.