Business Services Industry

Houston Chronicle Moneymakers column.

Knight Ridder/Tribune Business News, August, 2004

By Laura Goldberg, Houston Chronicle Knight Ridder/Tribune Business News

Aug. 3--INVESTMENT FIRM PARTNER PUMPED ABOUT OIL SECTOR: After 10 years in the energy investment business, including the last seven of them at Houston's Simmons & Company International, Dan Pickering felt his entrepreneurial urge kick in.

He and two others formed Pickering Energy Partners, where he's president. The nine-person firm provides energy research to institutional investors, such as mutual and hedge funds. Its offerings include observations on oil and gas prices and stock recommendations on energy-service companies.

The firm opened its doors in February, rolling out its research in May. It's already working with 50 clients and, last month, came close to...

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