WASHINGTON, Sept. 14, 2016 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE:FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that it has expanded its Houston Energy practice within the firm’s Economic Consulting segment with the addition of Rick Porter as a Senior Managing Director. Mr. Porter will be based in Houston.
Mr. Porter, who joins FTI Consulting from Black & Veatch Management Consulting, has nearly 40 years of experience in the oil and gas sector, focusing on the midstream business working with large interstate pipelines. He has conducted regulatory due diligence for acquisitions and pipeline construction. He also has provided regulatory analysis and expert testimony in rate cases, and has prepared Federal Energy Regulatory Commission rulemaking and policy analysis, commentary and strategy development.
Before joining Black & Veatch, Mr. Porter founded The Pythia Group LLC, a consulting firm that provided regulatory strategy, support and advisory services to the natural gas industry. He also spent more than a decade at ANR Pipeline, where he directed the regulatory planning, development and implementation of multiple pipeline expansions, Greenfield pipeline projects, new service offerings, rate case filings, settlements and litigation.
“The oil and gas sector faces a host of regulatory challenges, and Rick’s deep regulatory background will help clients navigate those issues,” said John Klick, Global Leader of the Economic Consulting segment and co-head of the Energy, Power & Products (“EPP”) industry practice at FTI Consulting. “With the addition of Rick, we continue to focus on growing our existing platform as well as identifying and developing new service offerings for our energy clients.”
FTI Consulting’s EPP practice brings economic analyses, engineering expertise, operational experience, litigation support expertise and communications services to companies and their counsel. The practice provides a unique combination of seasoned managerial and executive experience with insights gained from years of industry-related dispute management, damages analysis, public policy analysis and expert testimony. Areas of expertise cover the spectrum between the reservoir and the end user, with years of hands-on experience in upstream, midstream, downstream, energy regulation, energy asset valuation, chemical and petroleum engineering.
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 4,600 employees located in 28 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The Company generated $1.78 billion in revenues during fiscal year 2015. For more information, visit www.fticonsulting.com and connect with us on Twitter (@FTIConsulting), Facebook and LinkedIn.
Source:FTI Consulting, Inc.