Doing business as McDep LLC, Mr. Wulff is an independent originator of energy investment research. He is compensated by investors for written analyses and personal interaction by email, telephone and visits.   In addition, McDep LLC is an Independent Research Provider on 26 stocks to six Investment Banks. 

Kurt Wulff contributes his work for public access on www.mcdep.com on a delayed basis prominently noted.  The virtual energy investment library includes all of the analyst's work since the beginning of the 2000s.  The website currently attracts more than a hundred thousand hits a day.

Buy recommendations have captured some of the favorable performance of energy stocks in the new century though past performance is no assurance of future results.  The McDep Buy List at the end of 2002 gained 40% a year to the end of 2007 for what may be the best five-year period in twenty years.

Kurt Wulff made his reputation as an oil analyst while at Donaldson, Lufkin & Jenrette for 16 years. During the takeover battles of the 1980s, he identified megadeals in advance for investors. He also advised Gordon Getty, Carl Icahn and Boone Pickens. He testified before Congress on energy and takeover issues. His long list of recommendations from 1973 to 1986 gained a median 28% per year.

Occasionally an activist, the analyst sponsored shareholder resolutions that among other achievements are credited with bringing confidential voting to the proxy process at major oil companies.  Institutional Investor pictured Mr. Wulff wielding a sledgehammer in a feature entitled, "The Iconoclast of Energy".   Business Week captioned an article, “Who’s Afraid of the New Kurt Wulff?”

In 1988 he formed the predecessor of McDep LLC. He was a pioneer in earning payment for his work through broker-dealers who provide third party independent research in exchange for “soft dollars”.

Mr. Wulff testified in Delaware Court on behalf of retirement investors. In one case his insight helped beneficiaries of an employee pension plan win a judgment that was the largest of its kind up to that time.

Carrying an occasional activist role into the new millennium, Mr. Wulff nominated the successor trustee for the San Juan Basin Royalty Trust. His recommendation was carried on the proxy statement sent by the resigning trustee to unit holders and was approved in the special vote.

Kurt Wulff was named to the All-America Research Team 25 times in oil, exploration and natural gas. Also featured in Barron’s and Oil and Gas Investor, he has been a guest on Bloomberg, Nightly Business Report, CNBC, CNN,  and Wall Street Week with Louis Rukeyser. Mr. Wulff wrote with Bill Bruns, How to Profit from the Coming Oil Crisis, a book published by Bertelsmann three years before Saddam Hussein’s invasion of Kuwait. He is a past president of the National Association of Petroleum Investment Analysts. A Chartered Financial Analyst, Mr. Wulff belongs to the CFA Institute, the Petroleum Analysts of Boston, the Oil Analyst Group of New York, and the Boston Security Analysts Society. In his long career, he has also worked for Exxon, Chevron, and as a consultant for the governments of Alaska, Algeria, and the U.S. Born in Wisconsin, he earned degrees of Bachelor of Science in Chemical Engineering from the University of Wisconsin and Master in Business Administration from Harvard University.


Disclaimer and Disclosure
Analyses are prepared from sources and data believed to be reliable, but no representation is made as to their accuracy or completeness. Mr. Wulff is not paid by covered companies. Neither he nor his spouse trade a subject stock within a week before or after a change in rating.