By Tyler Losier, Energy Reporter, Oil & Gas 360 Patrick Conroy promoted to principal Intervale Capital, a private equity firm dealing mainly in the energy industry and the infrastructure products and services sector, has promoted Patrick Conroy to principal, effective immediately. Conroy first joined Intervale back in 2015, and since then, he has been responsible for managing numerous aspects of
Intervale Capital’s Managing Partner Charles Cherington isn’t putting too much faith in the recent oil price rally. After five straight weeks of oil price gains, Cherington told CNBC’s Squawk Box on Monday, March 21 (when WTI was ~$40 per barrel) that he believed prices would go lower. Here’s why: Cherington said there’s a 17:1 ratio of underlying derivatives to the
Charles Cherington, Co-Founder and Chief Executive Officer of Intervale Capital, speaks to CNBC’s Squawk Box regarding the state of the U.S. and global oil markets. Intervale Capital is a private equity firm investing exclusively in oilfield manufacturing and service companies, and has offices in Boston and Houston.
