It is impossible to think of the Texas economy without thinking of the energy industry and its importance. From our inception 17 years ago with $50 million in assets to over $9 billion today, Amegy Bank has always had an affinity for the men and women who own or operate energy and oilfield service companies…their entrepreneurial, "can do" spirit is a part of us as well.
Following our recent merger with Zions Bank, and now with a greater capital base and with a larger geographic area, Amegy's Energy Group is expanding its expertise and products throughout the country. The Energy Group currently has over $1.8 billion in commitments to over 200 companies in the industry and serves as a resource for innovative financial solutions and support.
The Energy Group, which has a strong presence with middle market companies, has been able to bring innovative technological applications to support the operations of some of the largest energy companies in the U.S. That's not surprising with a talented group of professionals with over 165 combined years of experience working with - and for - energy companies, including in the oilfield. The oil and gas industries - and good relationships - are important to us.
LENDING PRODUCTS Typical Loan Size: $5,000,000 to $40,000,000
Loans up to $200,000,000 available through syndication
E&P Lending/Midstream
Upstream: E&P companies
Midstream: Natural gas gathering systems Gas gathering/pipeline companies Gas processing plants Petroleum storage terminals
Corporate Energy Services Lending
Oilfield Service Companies
Oilfield Equipment Manufacturers
Downstream Refiners (working capital only)
OTHER PRODUCTS Commodity Risk Management (Eliminate Margin Calls and Letter of Credit requests)
Over-the-counter Derivatives for Crude Oil and Natural Gas
Swaps - Fixed and participating Options Collars - Costless, 3 way and participating Other customized hedge products
