Equity Research Associate- Oil & Gas

Wolfe Research is seeking an Associate to join its Institutional Investor-ranked Integrated Oil & Gas Exploration Team in either New York or Houston. The role reports to the Senior Analyst and involves assisting in all aspects of the franchise, including modeling, note writing, and creating differentiated research analyses. As the Associate develops, responsibilities will expand to include client communication, sales/trader interactions, and participation in the creative process.

Responsibilities

• Generate investment ideas and work closely in a time-sensitive environment while balancing multiple priorities and meeting deadlines
• Draft reports and notes on relevant investment themes, events, and breaking news
• Demonstrate strong problem-solving skills by working with large data sets in Excel/Access and sourcing/processing information independently
• Communicate efficiently and concisely, both verbally and in writing
• Utilize technical skills, including Bloomberg and/or FactSet, advanced Excel (macros, pivot tables, conditional formatting, shortcuts), and statistics (regression, variance, covariance, correlations)
• Build, update, and maintain financial and valuation models for covered companies
• Master Excel functions, including shortcuts, complex logic formulas, reference formulas, and integration of graphics/data tables

Requirements

• 2026 graduate or 1-2 years of experience in sell-side research (preferably on an Energy/Oil & Gas team), buy-side, investment banking, public accounting, consulting, or Oil & Gas industry
• Bachelor’s Degree or higher from an accredited college or university, with a concentration in Finance, Accounting, Math, or Statistics preferred
• MBA, CPA, or CFA is a plus
• Advanced understanding of financial modeling, including experience building and maintaining 3-statement models
• Fully licensed with Series 7, 63, 86, and 87 preferred, or expected to complete within the first 6 months
• Excellent written and verbal communication skills
• Enjoy following the stock market and developing industry themes
• Eager to work in a fast-paced environment both independently and collaboratively
• Demonstrated academic ability with a minimum 3.5 GPA
• Comfortable working 10+ hour workdays and some weekends

Pay

The compensation for this role is market competitive with a base salary range of $95,000–$115,000. The selected candidate will be offered a base salary within this range, based on non-discriminatory factors including skill set, job-related experience, and location. An annual discretionary incentive bonus is also offered.

Benefits

• Medical, dental, and vision coverage
• Life, accident, and disability insurance
• Paid time off, including vacation, sick days/leave, paid holidays, and paid parental leave

About Wolfe

Wolfe Research, LLC is a premier independent sell-side research firm committed to best-in-class content and strategic growth. The firm produces objective and distinguished research across covered sectors, delivering services with care and specificity to institutional clients. Wolfe emphasizes mentoring talent and maintaining high standards for effort, client service, thoughtfulness, and integrity.

Wolfe’s QES product provides leading stock selection models, portfolio analytics, hedging tools, highly ranked ESG products, and back-tested alternative data. The firm’s analysts were ranked #6 on a weighted basis for equity research in 2025 by institutional clients in the Extel (formerly Institutional Investor) All-America Research Poll.

Wolfe Research recruits, employs, trains, compensates, and promotes without regard to race, religion, color, national origin, gender identity, sexual orientation, disability, age, citizenship, or other characteristics. The firm values diversity and believes it strengthens the workplace.