NGP Energy Capital Overview
NGP Energy Capital is a venture capital and private equity firm which specializes in investing in start-ups, middle markets, emerging growth, later stage, PIPEs, recapitalization, industry consolidation, and growth capital buyouts.
The firm invests primarily in the energy sector including natural gas and oil production, exploitation, acquisition, and development drilling companies, oilfield services companies, natural gas gathering, energy efficiency, alternative energy, and other energy related businesses.
From time to time, NGP Energy Capital also co-invest in direct oil and gas property interests. They may also invest in food and agriculture, water resources and services, and coastal protection sectors.
The firm tends to invest between $2 million and $500 million in companies that are located in the United States, Canada, Central America, Mexico, and Caribbean.
NGP Energy Capital was established in 1988 by Hersh and David Albin, along with Rainwater and Gamble Baldwin. Their headquarters is located in Irving, Texas with additional offices in Connecticut, New Mexico, and the United Kingdom.
NGP Energy Capital AUM
According to NGP Energy Capital’s publicly available data, the firm has over $20 billion capital commitments.
NGP Energy Capital Interview Process & Questions
Despite the changes in the interview changes for each candidate, the general nature of the process stays the same for the most part. In fact, you can anticipate the following:
- Interview rounds: 4-6
- Initial interviews are supervised by junior professionals, while later rounds are handled by more senior folks
- Unless it’s on-campus or on-cycle recruiting, expect that the entire process will last for multiple weeks
Get ready to answer a mixture of behavioral questions, technical questions, and fit questions when you interview at NGP Energy Capital.
To help you with preparation, I’ve created a Growth Equity Interview Guide. Feel free to check it out.
Why NGP Energy Capital
One of the questions you must prepare for is the “Why this firm” question.
If you’ve met employees at the firm during your networking efforts, make sure to mention them and how their experiences and testimonies helped in choosing their firm.
Also, do your homework and research the firm. You can try listening to interviews with its founders, management team, and investors to get to know them better.
For starters, here’s a great interview with Ken Hersh, Co-Founder and Former CEO of NGP Energy Capital
NGP Energy Capital Case Study
Communication skills and technical knowledge are two traits that investment firms highly value. To evaluate these, firms like NGP Energy Capital ask candidates to perform case studies.
Most case studies will have you do financial modeling and investment recommendations. But for junior roles, a cold calling case study may also be part of the process.
Check out my course if you need more help regarding case studies.
NGP Energy Capital Salary & Compensation
According to Glassdoor, analysts at NGP Energy Capital have earned salaries of $86,984 per year, while there’s no recent data for associates. Actual figures may vary depending on several factors.
NGP Energy Capital Careers, Jobs, & Internships
View open roles at NGP Energy Capital inside our job board where we also feature all open roles for similar firms.
NGP Energy Capital Portfolio & Investments
As per Crunchbase, NGP Energy Capital has made 13 investments and manages five funds. Some of their notable deals include Mesa Minerals Partners, Via Separations, and Dandelion Energy.
Notable Transaction: Teal Natural Resources
Teal Natural Resources is an oil and gas company based in Dallas which focuses on acquiring and developing resource play opportunities in Texas.
In May 2016, Teal Natural Resources announced a total capital commitment of $125 million from Pearl Energy Investments and NGP.
Teal uses the fund to develop unconventional resource play opportunities in Texas – firstly focusing on the Eagle Ford Shale.
If you decide to send your application and build your investing career at NGP Energy Capital, I would highly recommend that you check out my Growth Equity Interview Guide first before attending interviews.
Growth Equity Interview Guide helps professionals get a good grasp of topics that are typically covered during interviews such as financial modeling, case studies, and more. Check it out and start learning today!