Five States Energy

Where Opportunity Meets Impact

At Five States, we don’t just invest in energy—we invest in people. For more than 40 years, our success has been driven by a disciplined, strategic approach and a team that values expertise, creativity, and long-term thinking. Many of our team members have been with us for 10, 20 or even 30 years—a testament to our strong culture and commitment to professional growth. We offer a workplace where high performers thrive, ideas are valued, and every role contributes to something bigger.

Why Five States?

A career at Five States means joining a team of industry veterans and dynamic thinkers who honor tradition and embrace innovation. We operate with integrity, discipline, and a focus on results — qualities that have made us a leader in real energy asset investment.

Join Our Team

Join Our Team

We are always looking for top talent, but do not have any active openings at this time. If you’re driven, results-oriented, and looking for a meaningful career, email us – we’re always open to hearing from talented professionals.

Email Us

  • John Scales

    VP – Accounting

    I came to Five States at the turn of the century and learned early on that our work is challenging, rewarding and ever changing. As VP-Accounting, I oversee the firm’s accounting, tax and treasury functions. We strive for accuracy, transparency and timeliness in reporting. Starting with our founder Jim Gibbs, our employee group is made up of hard-working, honest, really good down-to-earth people. We go out of our way to answer investor and advisor 
questions and to try and make them happy, and we do our best to prudently shepherd their investments in our funds.

    John Scales, VP – Accounting portrait

  • Stepheni House

    Operations Analyst

    Five States has great values and a family type atmosphere where everyone is friendly and welcoming. Departments work well together and learn from one another. I find that the flexible work schedule is a great benefit, among others.

    Stepheni House, Operations Analyst portrait

  • Michelle Hays

    Treasury/Accounting Assistant

    At Five States, employees are treated like family. The company offers a stable environment grounded in strong core values such as integrity, accountability, and respect. Working here means being a part of a collaborative and supportive team.

    Michelle Hays, Treasury/Accounting Assistant portrait

  • Michael Carroll

    Sr. Operations Engineer

    Working at Five States, I have been given a wide variety of opportunities to help advance the company’s mission and to grow my industry expertise. The friendly and collaborative environment at Five States makes it a very enjoyable place to be.

    Michael Carroll, Sr. Operations Engineer portrait

  • Elise Raphel

    Director – Investor Relations

    From my initial interview with Five States, I was struck by the professionalism and genuine warmth of everyone I met. Since joining the firm, I am inspired by the abundance of learning opportunities, the collaborative and collegial culture, and the strong sense of community. It is truly a privilege to be part of an organization that upholds both excellence and a supportive work environment.

    Elise Raphel, Director - Investor Relations portrait

  • Vicki Allen

    Sr. Engineering Analyst

    I have enjoyed my 20+ year employment here at Five States. I enjoy working for a small company, where you know everyone and feel like your voice can be heard. It’s gratifying to see that my work can have some impact on decisions being made, especially when those decisions affect our investors.

    Vicki Allen, Sr. Engineering Analyst portrait