TeamLevine Leaves Morgan Stanley, Forms Powerhouse

Washington, DC, March 12, 2013 ‘ TeamLevine has left Morgan Stanley to form the firm, Powerhouse, a division of Coquest. Powerhouse works with clients to protect profit margins and grow their business. They design and implement hedging strategies. The company focuses on price risk management using energy futures and related financial instruments. Powerhouse clients represent nearly all sectors of the energy supply chain from producers to downstream distributors and retailers.

Customers include gasoline marketers seeking to protect retail margins; diesel fuel distributors offering fixed and capped prices and energy users who worry the latest headline will affect their fuel bill. Powerhouse also serves natural gas marketers and electric utilities with risk from energy price uncertainty.

Alan H Levine, Elaine E. Levin, David A. Thompson and Brendan Burke, the members of TeamLevine began trading as Powerhouse in January 2013, after 17 years with Morgan Stanley. Powerhouse added its 100th new account in February. Elaine Levin, the President of Powerhouse explains, ‘Reactions from the marketplace have been overwhelmingly positive. As an independent firm, we can be more nimble, and offer more highly tailored services and support to our customers. This is especially important given recent volatility in gasoline prices”

The Powerhouse team has 80 years’ experience in the energy marketplace. Powerhouse provides a suite of additional services including support for marketing, and guidance on coordinating physical products and financial instruments for customers.

Alan H. Levine, Chairman and CEO of Powerhouse, has expertise in petroleum and natural gas pricing, transportation and supply in world energy markets. Alan was part of the group that initiated the heating oil contract for NYMEX in 1977-1978.

He was an expert for the Government of Israel regarding the value of crude oil in the Sinai Desert. Mr. Levine has written extensively on petroleum matters. He holds a Master’s degree in Economics from Columbia University Graduate School of Business in New York City.

Elaine E. Levin is President of Powerhouse. She has taught the principles of price risk management to hundreds of senior energy industry executives as principal instructor for the highly regarded OPIS Fuels Management University. Ms. Levin recently celebrated her tenth year teaching FMU.2

Elaine has addressed many energy associations on risk management. Organizations like SIGMA, NACS, the New Jersey Fuel Merchants Association and the Western Petroleum Marketers Association have hosted presentations by Elaine. She has been featured at conferences held by energy users such as Porcelain Enamel Institute. Ms. Levin graduated from Marymount University in Virginia, Summa Cum Laude. She holds a Bachelor’s degree in Business Administration, concentrating in Finance.

David A. Thompson is Powerhouse’s Executive Vice President. David has earned the designation Chartered Market Technician (CMT.) The CMT certifies expertise in technical analysis, the trading discipline that focuses on the predictive power of price chart patterns. He has been a featured speaker at many industry events. He is regularly seen at the Western Petroleum Marketers Association. David has presented at the Propane Gas Association of New England and the Chevron-Texaco Petroleum Marketers Association. He has also provided customized, in-house seminars on technical analysis and trading for clients. Mr. Thompson graduated from Boston University. He holds a Bachelor’s degree in International Relations and Economics.

POWERHOUSE, a division of Coquest, an Independent brokerage firm, has its offices in Georgetown, a historic section of the nation’s capital. Its address is 3214 O Street NW, Washington DC 20007. Contact the company at or by phone at (202) 333-5380.

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