D.A. Davidson expands team with new addition

D.A. Davidson & Co. has added Sonny Randhawa to its institutional research team to provide coverage of the oilfield service and equipment sector. Randhawa is based in the firm’s offices in Lake Oswego, Oregon. His work background includes serving as a senior oilfield service analyst at Banc of America Securities.

PRESS RELEASE

LAKE OSWEGO, Ore.–(BUSINESS WIRE)–D.A. Davidson & Co., the largest full-service investment firm headquartered in the Northwest, today announced that Sonny Randhawa has joined its institutional research team to provide coverage of the oilfield service and equipment sector. He works from the firm’s offices in Lake Oswego, Ore.
“Sonny’s focus strengthens our commitment to the domestic energy sector and complements D.A. Davidson’s existing energy MLP coverage,” said John Rogers, head of Institutional Research. “His experience and deep industry expertise will help us provide our clients with the quality research they have come to expect from D.A. Davidson.”

D.A. Davidson’s award-winning institutional equity research team covers public companies across several important sectors, with 19 analysts following 286 companies.

Randhawa brings extensive experience in energy industry analysis. Previously, he was a senior oilfield service analyst with Banc of America Securities after beginning his energy research career at Friedman Billings Ramsey. Prior to that, he was a senior consultant in the financial and M&A advisory segments at both the Arthur Andersen and KPMG accounting firms. Randhawa earned an MBA from the Jesse H. Jones Graduate School of Management at Rice University and a bachelor’s degree in business administration from the University of Texas.

D.A. Davidson’s equity capital markets group provides capital markets services and products that include investment banking, institutional sales, trading, research and corporate services. The firm’s research is supported by professional sales and trading, including market making. D.A. Davidson’s investment banking team underwrites public offerings, serves as a placement agent for private financings and advises companies nationwide on mergers and acquisitions. The group is based in Oregon and operates offices in Baltimore; Boston; Chicago; Denver; Great Falls, Mont.; Minneapolis; New York; Orange County, Calif.; Salt Lake City; and Seattle.

About D.A. Davidson & Co.
Employee-owned D.A. Davidson is the largest full-service investment firm based in the Northwest. D.A. Davidson is one of four firms within D.A. Davidson Companies, a regional financial services company celebrating its 80th year in business. With 1,320 employees in 25 states, D.A. Davidson Companies is responsible for over $45 billion in client assets under management and administration.