While impacting nearly every aspect of the economy, the energy sector continues to function within a challenging business environment as it navigates regulatory, pricing and operational complexities at every turn.
CR3 brings together seasoned industry professionals and former executives with first-hand operational, financial, geopolitical and industry risk experience. We work in all facets of the industry, including E&P, midstream, oilfield services, refining and marketing. Our energy clients benefit from our uncommon agility and efficiency across our turnaround, performance improvement, financial, and operational solutions.
The typical volatility of the oil-and-gas industry has become more amplified than in the past. Investor pressure, supply challenges, increased regulation, supply-chain pressure, and declining demand in the face of increased investment in alternative energy sources have increased the uncertainty of the industry’s path to profitability. Our thorough assessments analyze cash flow, capital structure, assets and capex requirements. We work closely and transparently with management to uncover specific operational challenges and deliver discrete, data-driven, and actionable plans.
Roll-up mergers can create significant value through scale and cost savings, but not all roll-ups perform as expected. Speed of integration may be the most challenging factor when acquiring and consolidating multiple assets.
Ensuring every detail throughout the customer experience, as well as the back office, is executed according to a specific vision can lead to success, but it often means taking on functions internally that the business is not well-positioned to execute, or outsourcing functions that are best performed in-house.
This introductory article is first in a Performance Improvement series. Subsequent articles will isolate and expound upon specific tools and techniques.
