Brian Thomas

Prudential Private Capital

Managing Director

Brian Thomas is the Managing Director of Prudential Private Capital’s Real Assets – Energy group. He oversees the private placement activity in the oil & gas sectors consisting of a $9.3 billion portfolio (as of 6.30.21) of senior debt, mezzanine debt and private equity investments. Brian is also a Partner of PGIM Energy Partners, the energy- focused, middle-market mezzanine debt and equity business sponsored by Prudential Private Capital. Prior to this role, Brian served as Senior Vice President responsible for energy and corporate finance investments in the Dallas office-based territory: Southwest U.S. He joined Prudential in 1995. Brian received a BBA and an MBA from the University of Texas at Austin’s McCombs School.

Sessions With Brian Thomas

Tuesday, 8 March

  • 11:40am - 12:30pm (CST) / 08/mar/2022 05:40 pm - 08/mar/2022 06:30 pm

    Future of North American Oil & Gas Supply: Returns, growth, or both?

    Finance & Investment/Trading & Risk Management/ESG

    The intense economic distress of the COVID pandemic created a near-death experience for North American oil and gas companies. Yet it also accelerated a change in the shale business model—a change that produced dramatic returns as prices rose in 2021. Can the shale business model really deliver through the entire cycle—what are the biggest risks for failure? Are current valuations fair and how will the North American system react to rising prices? How should companies think about the tradeoff between reinvestment and returning cash to shareholders? What is the "right" way to return cash to the "right" shareholders? What role will private capital play in future energy investment? How do companies and financiers square the ambition, policies, and investor demand for new energies with the current reality of the hydrocarbon world?