Areas of Specialization and Associated Services

Energy Trading and Risk Management

  • Risk Identification, Assessment, and Mitigation
  • Risk Management and Trading Strategies
    Implementation
  • International Market Modeling
  • Market Assessments
  • Market-based Strategies

Energy Financing And Project Development

  • Commercial Viability of Projects
  • Financial Modeling
  • Financial Structuring
  • Policy and Market Analysis
  • Assessment of New Technologies
  • Market Assessments
  • Sourcing of Strategic partners and Funding

Energy Related Mergers, Acquisitions, Sales

  • Business Due Diligence
  • Pro-forma Financial Analysis
  • Market Assessments
  • Post-Merger Integration
  • Acquisition And Divestiture Analyses
  • Restructuring and Business Plans

Energy Management Consulting

  • Business and Market Assessment
  • Restructuring and Business Plans
  • Incentives for Private Investment
  • Corporate and Business Strategy
  • Investment Advisory

Energy Oil and Gas Valuation
Litigation Support and Expert Witness

  • Fuel Oil and Refined Products Quality and Blending
  • Natural Gas and Power Trading
  • Industry Standards for Commercial and
    Trading Activity
  • Price Manipulation, Class Action Suits,
    Financial Guarantees
 

Stephen B. Traicoff

Steve Traicoff has over 40 years of energy-related experience focusing primarily in the areas of energy trading, risk management, and structured finance. Mr. Traicoff has traded several energy commodities including refined products, petrochemicals, residual fuel, and feedstocks. He has also originated, structured, and closed large, complex physical and financial transactions in the natural gas and power industry sectors. His background also includes project financing, investment banking, and structured finance in the energy sector as well as such energy-intensive industries as refining, petrochemicals, pulp and paper, steel and primary metals.

His experience includes:

  • Having over 14 years of direct commercial and trading experience regarding refined products, natural gas, petrochemicals, feedstocks, and electric power. Separate from his Refined Products trading experience, he has originated, structured, negotiated, and closed multi-year financial derivative and commodity (natural gas, oil, and power) transactions totaling over $300 MM in revenue and resulting in over $15 MM in pre-tax income.

  • He has originated, structured, negotiated, and/or closed over $125 MM of equity and debt financing in new and existing enterprises. He has also sourced debt and equity funding totaling over $50 MM for energy-intensive (chemical, refining, pulp and paper, steel) or energy-related projects and businesses. As a senior originator at a pre-eminent energy trading company, he led a cross-functional team that included credit, trading, legal, tax, accounting, and syndication functions, resulting in four deal closures. He also structured innovative financial support and guarantees, including insurance products.

  • Steve has the led market analysis and due diligence efforts as well as crafting the macro-economic and business case narrative efforts that resulted in raising over $440 MM in debt and equity (including $39 MM in initial venture equity funding). In addition, he did the same for Investor Information Memoranda (144A) and S-1 drafts. Over the two-year period and prior to the above capital raise, he was directly engaged in regularly preparing Information Memoranda to the single private equity investor that funded the initial venture capital. Over a 5-year period, Steve directed marketing and origination strategy by actively and regularly identifying and analyzing prospective customers and competitor strategic focus. He regularly drafted and delivered presentations to the company's Board of Directors and Operating Committee as well to prospective customers.

  • Steve has been engaged as litigation support consultant and/or expert witness in over 40 separate cases of federal and state court litigation regarding commodity and energy trading, risk management, oil & gas asset and production valuation, and structured finance with potential judgments totaling over $2 Billion. He has also testified in regards to filings before the Texas Rail Road Commission (TRRC) as well as prepared critical market analysis for deposition. In addition, as part of a job function, he has found and sourced other experts with regard to analysis and testimony in litigation matters.