Energy Finance. Experience That Counts.

Independent financial advisory for energy businesses. Capital raising, M&A and strategic advice, led directly by senior partners from strategy through execution.

New YorkLos AngelesBuenos Aires
At a glance
250+Transactions worldwideAcross capital raising, mergers and acquisitions, and investment transactions.
US$20bn+Transaction activityAcross our partners’ careers, spanning more than 50 years.

Figures reflect the collective experience of our partners across their careers, including work at prior firms.

About Pontia

Financial Judgment Informed by Operating Experience

Pontia Partners provides independent financial advisory and strategy consulting, with a focus on energy and oil & gas. Our partners have worked as advisors, investors, executives and board members, bringing an understanding of how financing and transaction decisions affect the businesses behind them.

We work directly with owners and management teams to assess alternatives and pursue an approach suited to their objectives. Senior partners lead each engagement, combining independent judgment with hands-on involvement throughout execution.

Drilling rig rising above the treeline

A Foundation Built over Decades

  • Salomon Brothers
  • Credit Suisse
  • UBS
  • Merrill Lynch
  • McKinsey & Company

Our team’s experience has been shaped at institutions including Salomon Brothers, Credit Suisse, UBS, Merrill Lynch and McKinsey & Company.

It also includes board service at Endeavour International and investment vehicles affiliated with Apollo, including MidCap Financial Investment and the Apollo–Mubadala private credit platform.

Together, these careers bring an understanding of how companies operate, how investors allocate capital and how complex transactions are negotiated.

Our expertise

Advice Shaped Around Your Objectives

Our financial advisory and consulting services address your funding needs, strategic priorities and ownership preferences.

We help companies assess funding requirements, structure financing alternatives and engage suitable capital providers. Our experience spans debt and equity financing, private credit and structured capital at the corporate and asset levels.

We support the capital raising process from investment case development and investor outreach through negotiations and closing.

We provide M&A advisory for acquisitions, business combinations and the sale of companies or assets. Our work covers strategic assessment, valuation, counterparty selection and transaction execution.

We help clients evaluate proposals and negotiate terms that reflect both financial value and their broader business objectives.

We help companies secure partners and capital for energy development and growth. Potential structures include joint ventures, farm-outs, joint development arrangements and infrastructure partnerships.

We assess how investment commitments, control and future returns can be shared to support the objectives of each party.

We advise on debt refinancing, recapitalizations and financial restructuring. Our work considers debt capacity, liquidity requirements and the relationship between financing obligations and operating cash flows.

We support negotiations with lenders and investors as companies pursue growth or respond to changing circumstances.

We evaluate businesses, assets and transaction alternatives to support decisions by owners, management teams and boards.

Our experience includes oil & gas asset valuations, the assessment of transaction economics and expert analysis in complex negotiations and disputes.

We help management teams define growth priorities, allocate capital and improve business performance.

Our strategy and operations consulting spans portfolio strategy, operating models and transformation programs, connecting strategic decisions with the capabilities and actions required for implementation.

Energy focus

Experience Across the Oil & Gas Value Chain

Our team combines financial advisory and investment experience with strategic and operating perspectives across upstream, midstream, downstream and oilfield services.

Upstream

Conventional and unconventional oil & gas exploration, production and development. We help assess asset acquisitions, portfolio decisions and partnerships that connect development plans with appropriate sources of capital.

Our approach considers investment requirements, development timing and the allocation of ownership, control and economic returns.

Midstream

Pipelines, gathering and processing systems, storage and transportation infrastructure. We assess financing and transaction alternatives in the context of contracted revenues, throughput requirements and the assets they serve.

Potential approaches include infrastructure partnerships, asset monetization and capital for expansion.

Downstream

Refineries, terminals and related distribution assets. Our experience includes asset transactions and valuations, with attention to operating performance, working capital and future investment requirements.

We help clients evaluate acquisitions, divestitures and strategic alternatives for complex industrial assets.

Oilfield Services

Drilling, well services, equipment and other businesses supporting energy production and transportation. We assess opportunities in the context of customer activity, utilization and capital intensity.

Our work connects financing and transaction decisions with business positioning and operational performance through the industry cycle.

Selected experience

Selected Transaction and Investment Experience

Our partners’ careers span capital raising, energy M&A advisory, private equity investment and board-level transaction evaluation.

Capital Raising01

YPF

Privatization & Global Equity Offering
US$3bn
Global equity offering

Global equity offering as part of YPF’s privatization, expanding private ownership and bringing the Argentine energy company to international equity markets through a landmark capital markets transaction.

Mergers & Acquisitions02

Apache / Kayne Anderson

Formation of Altus Midstream
US$3.5bn
Announced estimated equity value

Combination of Apache’s Alpine High midstream assets with Kayne Anderson Acquisition Corp. to form Altus Midstream, a publicly traded midstream company, with US$628m in cash contributed at closing.

Mergers & Acquisitions03

MidCap Financial Investment / Apollo Funds

Fund Mergers
US$3.1bn
Investment portfolio at closing

Merger of MidCap Financial Investment with Apollo Senior Floating Rate Fund and Apollo Tactical Income Fund, bringing the three investment portfolios together within a single publicly traded investment company.

Mergers & Acquisitions04

Longhorn / Flying J / Magellan

Pipeline Asset Acquisition
US$250m
Plus approximately US$100m in linefill inventory

Acquisition of the Longhorn pipeline system by Magellan, together with its linefill inventory. The transaction expanded Magellan’s refined petroleum products transportation network through the addition of an established pipeline asset.

Mergers & Acquisitions05

Tesoro Hawaii / Par Petroleum

Refining Business Sale
US$75m
Base consideration, plus working capital and contingent payments

Sale of Tesoro’s Hawaii refining business to Par Petroleum. The transaction transferred the refining operation to a new owner, with consideration comprising a base payment, working capital and contingent payments.

Valuation06

Petrobras / Pasadena

Valuation & Arbitration
Pasadena Refinery
Valuation & arbitration

Valuation and arbitration work involving the Pasadena refinery and its shareholders’ economic interests. The engagement included expert analysis of asset value and disputed transaction economics in a complex refining investment.

Selected experience reflects individual partners’ advisory, investment and board roles, including work at prior firms. Transaction amounts represent different measures and are not additive.

Capital relationships

Established Relationships with International Capital Providers

Our partners bring longstanding relationships with private equity firms, private credit managers, infrastructure investors and sovereign investment institutions.

The firms shown represent a selection of these relationships. We identify potential capital providers and transaction partners according to each opportunity’s investment requirements and the client’s objectives.

Selected institutional relationships
Apollo
Carlyle
KKR
Mubadala
Selected energy investor relationships
Riverstone
First Reserve
EnCap Investments
Warburg Pincus
Yorktown Partners
Lime Rock Partners

Selected relationships of individual partners; inclusion does not imply an affiliation, endorsement or commitment to invest.

Our team

Five Partners.
Direct Senior Leadership.

Our partners combine energy finance and transaction experience with institutional capital relationships, operating leadership and strategy expertise. They lead engagements directly and remain involved throughout the process.

Alexander Crutchfield

Alexander Crutchfield

Partner
LinkedIn
Oasis PartnersEndeavour International45+ years

Alexander brings more than 45 years of financing and operating leadership experience in energy, with involvement in transactions exceeding US$6bn.

Alexander co-founded Oasis Partners in 1989 and has combined financial advisory and investment work with executive leadership, including CEO roles. His experience connects financing decisions with the responsibilities of building and operating businesses.

Alexander previously served as a director of Endeavour International and its European affiliates, including as Chair of the Audit Committee of Endeavour International Holding BV.

Alexander holds an MBA from Columbia Business School and a BA in Economics from Claremont McKenna College.

Our approach

Partner-Led from the Outset

Understand Your Priorities

We begin with the decision you need to make, the business context and the outcomes you want to achieve.

Assess the Alternatives

We evaluate financing, transaction and strategic options, developing an approach suited to your objectives and constraints.

Lead the Process

Our partners work directly with management teams and relevant counterparties, maintaining momentum through preparation, evaluation, negotiations and execution.

Maintain Alignment

We reassess alternatives as circumstances evolve, keeping your priorities at the center of the engagement.

Contact

Let’s Discuss Your Next Move

Whether you are raising capital, considering an energy transaction or planning the next stage of growth, we welcome a confidential conversation with our partners.

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