Sarah K. Morgan

Partner

Capital Markets and Mergers & Acquisitions

“One of the things I like best about my work is that I get to be deeply involved in my clients’ businesses. I like developing close relationships with my clients and working with them to find creative and efficient ways to solve complex problems and achieve their goals.”

Sarah K. Morgan of Vinson & Elkins Houston

Overview

“Most Effective Dealmaker”

Texas Lawyer Texas Legal Awards, 2022

Sarah Morgan has an extensive corporate practice, advising on capital-raising transactions, mergers and acquisitions and other strategic transactions. She represents public companies, private companies, investment banks, management teams, private equity in all forms of capital-raising transactions, including IPOs, registered offerings and private placements of debt and equity securities, preferred equity investments, at-the-market continuous offering programs (ATMs), tender offers, exchange offers and private debt exchanges.

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Experience

  • Underwriters to Fervo Energy Company in its $2.2 billion initial public offering of Class A common stock

  • Berry Corporation in its sale to California Resources Corporation

  • Crestwood Equity Partners in the $7.1 billion sale of the company to Energy Transfer in an all-equity transaction

  • Fervo Energy Company in a $100 million project-level preferred equity investment in a geothermal electric generation facility and its $244 million Series D capital raise and $135 million corporate equity financing

  • Tallgrass Energy Partners, LP in multiple notes offerings

  • Sunpro Solar, a residential solar company, in its $865 million sale to ADT

  • Green Plains Inc. in the sale of an Ethanol Plant

  • Live Oak Acquisition Corp. II, in its $1.4 billion business combination with Navitas Semiconductor, the industry leader in Gallium nitride power ICs

  • TPG Pace Tech Opportunities, in its $1.7 billion business combination with Nerdy Inc., a direct-to-consumer platform for live online learning

  • HighPeak Energy Partners, LP and its affiliates in a $900 million business combination with Pure Acquisition Corp.

  • Venator Materials PLC in its $522 million initial public offering of ordinary shares by a selling shareholder and separation from Huntsman Corporation

  • Occidental Petroleum Corporation in its spin-off of California Resources Corporation

  • Routinely advises publicly traded companies on 1933 Act and 1934 Act compliance, listing exchange requirements, and ESG matters (including corporate governance and board of directors matters)

  • Advises public companies and their boards on artificial intelligence governance and board oversight of AI, AI-related securities disclosure, and the integration of AI risk into governance, compliance, and enterprise-risk programs

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Credentials

Education

  • University of Virginia School of Law, J.D., 2004 (Articles Development Editor, Virginia Journal of Law and Politics, 2003–2004)
  • Rice University, B.A., 2001

Admissions

  • Texas
  • Colorado

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Recognitions

  • Texas Lawyer, Texas Legal Awards, “Most Effective Dealmaker,” 2022
  • Selected to the “25 Influential Women in Energy” list, Oil & Gas Investor, 2022
  • Selected to the BTI Client Service All-Stars list, 2016 and 2022
  • Chambers Global, Capital Markets: Debt & Equity (Central USA), 2022–2026
  • Chambers USA, Capital Markets: Debt & Equity (Central United States)(Nationwide), 2021–2026; Capital Markets: Debt & Equity (Texas), 2021–2026
  • The Best Lawyers in America© (BL Rankings, LLC), Mergers & Acquisitions Law (Houston), 2024–2027; Securities / Capital Markets Law, 2025–2027
  • IFLR1000, 2020–2023
  • Legal 500 U.S., Finance: Capital Markets: High-Yield Debt Offerings, 2016 and 2022–2026; Finance: Capital Markets: Debt Offerings, 2022–2026; Finance: Capital Markets: Equity Offerings, 2022–2025; M&A/Corporate & Commercial: M&A: Large Deals ($1 Billion plus), 2022–2024; M&A/Corporate & Commercial: Private Equity Buyouts, 2023–2025; Investment Fund Formation and Management: Private Equity Funds (including Venture Capital), 2026
  • Selected to the 500 Leading Dealmakers in America, Lawdragon, 2022, 2024, and 2026; Selected to the 500 Leading Lawyers in America, Lawdragon, 2022–2025 and Selected to the 500 Leading Energy Lawyers, Lawdragon, 2023, 2025 and 2026
  • Selected to the Texas Rising Stars list, Super Lawyers (Thomson Reuters), 2010–2012 and 2014–2019
Insights

Client Alerts

Time for Spring Cleaning: The SEC Proposes Amendments to Declutter Public Company Filer Categories

With summer just around the corner, the SEC made one final attempt at spring cleaning by proposing sweeping reforms to …

May 21, 2026

May 21, 2026 • 7-minute read

sec, securities and exchange commission

Client Alerts

Vinson & Elkins’ Quarterly Governance and Sustainability Updates – Summer 2025

Welcome to Vinson & Elkins’ Governance and Sustainability Updates. Each quarter, our aim is to provide insights into notable developments …

June 9, 2025 • V&E Governance & Sustainability Update

June 9, 2025 • 1-minute read

Client Alerts

Vinson & Elkins’ Quarterly Securities & ESG Updates – Fall 2024

Welcome to Vinson & Elkins’ Securities and ESG Updates.

October 17, 2024 • V&E Securities & ESG Update

October 17, 2024 • 2-minute read

Client Alerts

California Seeks Disgorgement of Oil Profits For Alleged Greenwashing And Climate Deception

In a significant legal maneuver with potentially far-reaching implications, California Attorney General Rob Bonta filed an amended complaint on June 10, 2024, to California’s high-profile lawsuit targeting five of the world’s largest oil companies: BP, Chevron, Exxon Mobil, Phillips 66, Shell, as well as the American Petroleum Institute (“API”).

June 21, 2024 • V&E ESG Update

June 21, 2024 • 4-minute read

Nasdaq #TradeTalks – V&E Discusses the Financial Market’s Hottest Sector, Sustainable Finance Background Image

Event Recaps

An Enforcement Update CLE with Director of the U.S. Securities and Exchange Commission Fort Worth Regional Office, Eric Werner

The Texas Lawbook and the Association of Corporate Counsel Houston Chapter presented an update on the key developments and in SEC Enforcement affecting corporate litigation, compliance, and disclosures.

June 5, 2024

June 5, 2024 • 1-minute read

SEC Ramps Up COVID-19 Response Background Decorative Image
News & Achievements