
Porter Energy Advisors

Richard W Porter
Managing Partner
For nearly 40 years I have enjoyed working with great people on very interesting projects in the oil and gas industry. Some might consider the natural gas business dull and predictable, but throughout my career I have seen dynamic changes. Each challenge needed new strategies and solutions to capture the opportunities presented. Today, the transformation of the energy markets requires similar innovative solutions. We endeavor to anticipate market trends, assess their implications and work to help our clients manage the impact on their businesses efficiently and effectively.
While in the Oil & Gas industry, I was responsible for the performance of more than $6 billion in pipeline assets, negotiating shipper contracts, service agreements, and rate settlements; directing litigation at regulatory agencies and the Courts; and preparing M&A due diligence. I have consulted for most major interstate gas pipelines, producing innovative yet practical solutions to increase shareholder value, improve operating margins, and mitigate risk. In either instance my goal was the same; to produce practical solutions designed to increase shareholder value, improve operating margins, and mitigate risk.
Some examples are:
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Recovered $80 million of stranded pipeline investment by creating a strategy to restructure a fully depreciated pipeline, increasing annual revenues by 20%.
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Achieved more than $60 million in EBIT in resulting from the development and delivery of a rate case filing, litigation, and settlement, which provided additional flexibility to market pipeline services.
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Created a strategy that increased EBIT by $75 million over 3 years for an oil pipeline, restoring the business line to profitability
I have experience managing complex shipper regulatory and commercial negotiations to achieve financial goals; demonstrating industry knowledge, critical thinking, organization, and communication skills as an expert witness; developing new pipeline projects and services; and creating new tariffs and services to capture market opportunities and promote earnings growth.
I appreciate the opportunity to support your project. Contact me to explore the possibilities for your company.
