Chris Frevert

Chris Frevert is the founder/managing director of Citadel Advisory Group, LLC. He has more than 20 years of experience in mergers and acquisitions, corporate finance, investment banking and client advisory services. He is widely known as an industry expert in oilfield-related mergers and acquisitions with a particular emphasis on energy service companies, and is a member of the Alliance of Merger & Acquisition Advisors (AM&AA). Chris is also the president of Caroden Energy, an independent O&G company with operations in Central Kansas, and he holds the Series 7, 66 and 79 licenses.

Articles by Chris Frevert

• Energy service companies struggle to stay alive amid low oil prices

  Wednesday, April 13, 2016

  ​Since 2014, over 60 percent of privately-held oilfield service company owners have reduced their rates for top customers by more than 20 percent. And over 65 percent have seen their gross revenues decline by more than 30 percent, according to respondents to the third survey we've conducted since the downturn began.

• Oil and gas workforce bears the brunt of falling crude prices

  Friday, September 11, 2015

  Since January, almost half of oilfield service company owners have seen work volumes decrease by more than 25 percent, and nearly 60 percent are bracing for further reductions, according to a new report. We surveyed of owners and C-level executives of privately-held U.S. companies in August. The results show that over 75 percent of respondents have reduced rates by 10 percent or more, and nearly 60 percent anticipate further rate reductions as the industry attempts to counter falling oil prices.