Six decades of immersion within the North American energy sector.

BP Capital is an SEC-registered investment advisor with decades of combined energy investing experience. We seek to build portfolios that preserve capital throughout the energy cycle while providing investors with exposure to the unique technologically-driven growth taking place in the United States oil and gas industry.

We leverage our teams’ decades of experience in operating oil and gas assets to shape our energy and core midstream investment processes. Furthermore, we benefit from BP Capital’s legacy as an innovator and investor seeking to stimulate domestic consumption of abundant, domestic natural gas.

T-Boone-Pickens

The pillars of the BP Capital legacy — disciplined research, domain expertise, and deep, actionable industry relationships — are embodied in our culture, people and process. Our focus is discovering energy value chain opportunities and exploiting
them to create value for energy investors.

History

The BP Capital team has managed billions of dollars in public and private energy investments since the 1950s. The firm’s success was built by leveraging in-house research, extensive on-the-ground operating experience, and deep relationships across the energy industry.

Unique perspective in the energy investment landscape

We believe the United States is undergoing a once-in-a-generation transformation in the way it produces and uses energy as a result of new technologies that have unlocked a flood of new energy sources, leading to a technological disruption in the oil and gas industries.

Team Picture

We believe these new sources offer North American companies significant and lasting advantages over global competitors. We further believe that this energy transformation ushers in an American energy revolution and industrial renaissance that offers new MLP investment opportunities that the BP Capital Fund Advisors team is uniquely positioned to capitalize on.

The BP Capital Team

 

The BP Capital team brings a wealth of energy sector operational and investment expertise, plus deep, actionable relationships. Our talented and accomplished team is well positioned at the front-lines of what we believe will be a multi-decade phenomenon, and are focused on leveraging our skills, experience and unique positioning to identify, qualify and exploit opportunities to create value for the energy investor.

 

Toby Loftin

Managing Principal & Portfolio Manager

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Managing Principal & Portfolio Manager

Toby Loftin

Toby Loftin founded BP Capital Fund Advisors, LLC in June 2013.  Mr. Loftin joined BP Capital LP in 2010 and served as a member of the Investment Committee of the private hedge funds.

Mr. Loftin is a Portfolio Manager and Managing Principal of BP Capital Fund Advisors, LLC, which serves as the sub-advisor to the Hennessy BP Energy and Hennessy BP Midstream Funds.  Prior to that he managed the firm’s energy infrastructure MLP investments.

Before joining BP Capital, Mr. Loftin was a partner of SteelPath Fund Advisors and SteelPath Capital Management (formerly Alerian). He also served as Director of Institutional Equity Research Sales with Royal Bank of Canada Capital Markets where he focused on the energy sector and energy infrastructure companies.

He earned a Bachelor of Science degree from the U.S. Air Force Academy and a Master of Science-Finance from University of Texas at San Antonio.

Ben Cook, CFA

Portfolio Manager

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Portfolio Manager

Ben Cook, CFA

Ben Cook, CFA joined BP Capital Fund Advisors in June 2017.  Ben is a Portfolio Manager and member of the Investment Committee with BP Capital Fund Advisors, LLC, which serves as the sub-advisor to the Hennessy BP Midstream Fund.

Mr. Cook has over 20 years of investing experience in public and private equity oil and gas markets.  Prior to joining the Advisor, Mr. Cook was a Portfolio Manager with Mariner Investment Group, and before that he was a Portfolio Manager with A.G. Hill Partners and Opsis Capital Management.  Mr. Cook previously held positions as a Senior Analyst with Carlson Capital and as an Equity Research Analyst with Raymond James.

Mr. Cook has an MBA in Finance from the University of Texas at Austin and a BA in Economics from Johns Hopkins University. He is also a CFA charter holder and member of the Chartered Financial Analyst Institute.

Patrick Hurley

Principal, CCO & COO

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Principal, CCO & COO

Patrick Hurley

Patrick Hurley joined BP Capital Fund Advisors, LLC in 2013, where he serves as a member of the Investment Committee, Chief Compliance Officer and Chief Operations Officer.

Before joining the Advisor, Mr. Hurley was Co-Founder and President of Halo Technologies, a consumer products company, and Co-Founder and President of PrecisionLender, a banking software company. He also worked in the investment management group at Goldman Sachs, and prior to that practiced corporate and securities law at Strasburger & Price.

Mr. Hurley holds a B.B.A. in Finance, Summa Cum Laude, from Texas Christian University, and a J.D. from The University of Texas School of Law.

BP Capital Offerings

PUT OUR EXPERIENCE AND INSIGHTS TO WORK FOR YOU

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Energy Strategy

Actively managed strategy that maintains a concentrated portfolio of companies across the full spectrum of the Energy sector.

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Midstream Strategy

Actively managed strategy that maintains a concentrated portfolio of midstream energy companies

 

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Hennessy BP Funds

The BP Energy and Midstream Strategies are accessible via 40 Act vehicles through Hennessy Funds

 

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