59 min listen
#324 - Kaes Van't Hof - President/CFO @ Diamondback Energy ($FANG) - Lessons & Stories From Inside a $30B Oil Company
#324 - Kaes Van't Hof - President/CFO @ Diamondback Energy ($FANG) - Lessons & Stories From Inside a $30B Oil Company
ratings:
Length:
74 minutes
Released:
Dec 12, 2023
Format:
Podcast episode
Description
Kaes has worked at Diamondback Energy since July 2016 in various roles and as President and CFO since February 2022. Prior to that, he was CEO of Bison Drilling and Field Services in Midland, TX from September 2012 to June 2016. He began his career at Citigroup as an investment banking analyst, and worked for Wexford Capital prior to joining Bison.
On this episode, Chris and Kaes discuss:
Learning the Oil & Gas business
A timeline of Diamondback Energy
The Permian Basin
How to get people to love Oil & Gas again
We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners.
https://www.thefortpod.com/survey
Links
Diamondback Energy
Kaes on Twitter
Topics
(00:01:48) - Kaes’ career & tennis
(00:09:32) - Learning the Oil and Gas business
(00:16:37) - Building Windsor
(00:26:15) - High yield vs. investment grade businesses
(00:31:20) - Diamondback’s merger with Energen Resources
(00:34:12) - Experiences during Covid
(00:39:03) - How do you source deals?
(00:42:18) - The 2021 market
(00:45:24) - Hedging
(00:46:41) - Thoughts on the Permian basin
(00:49:09) - Being a low-cost producer
(00:52:07) - Learning to manage people
(00:53:43) - Thoughts on the $60b Pioneer acquisition
(00:55:28) - Is there a way to make people love OIl & Gas again
(00:01:46) - This business is a trade
(01:03:06) - Are investors coming back into the space?
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LinkedIn: https://bit.ly/45gIkFd
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The FORT is produced by Johnny Podcasts
On this episode, Chris and Kaes discuss:
Learning the Oil & Gas business
A timeline of Diamondback Energy
The Permian Basin
How to get people to love Oil & Gas again
We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners.
https://www.thefortpod.com/survey
Links
Diamondback Energy
Kaes on Twitter
Topics
(00:01:48) - Kaes’ career & tennis
(00:09:32) - Learning the Oil and Gas business
(00:16:37) - Building Windsor
(00:26:15) - High yield vs. investment grade businesses
(00:31:20) - Diamondback’s merger with Energen Resources
(00:34:12) - Experiences during Covid
(00:39:03) - How do you source deals?
(00:42:18) - The 2021 market
(00:45:24) - Hedging
(00:46:41) - Thoughts on the Permian basin
(00:49:09) - Being a low-cost producer
(00:52:07) - Learning to manage people
(00:53:43) - Thoughts on the $60b Pioneer acquisition
(00:55:28) - Is there a way to make people love OIl & Gas again
(00:01:46) - This business is a trade
(01:03:06) - Are investors coming back into the space?
Support our Sponsors
Relay Human Cloud: https://bit.ly/3sjQcaY
Fort Capital: https://bit.ly/FortCapital
Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/
Chris on Social Media:
Twitter: https://bit.ly/3BYIjcH
LinkedIn: https://bit.ly/45gIkFd
Watch The Fort on YouTube: https://bit.ly/3oynxNX
Visit our website: https://bit.ly/43SOvys
Leave a review on Apple: https://bit.ly/45crFD0
Leave a review on Spotify: https://bit.ly/3Krl9jO
The FORT is produced by Johnny Podcasts
Released:
Dec 12, 2023
Format:
Podcast episode
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