Richard Porter | Senior Managing Director | FTI Consulting
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Rick Porter

Richard Porter

  • Senior Managing Director
  • T: +1 713 353 5404
  • F: +1 713 353 5459
    • First City Tower
    • 1001 Fannin, Suite 3950
    • Houston, TX, 77002
    • United States
    • T: +1 800 349 9990
    • F: +1 713 353 5459

Rick Porter is a Senior Managing Director at FTI Consulting and leads the Houston Energy Group. He is a member of the Economic Consulting practice and the Energy, Power and Products industry team. Among other things, he is an expert in pipeline regulatory matters and specializes in providing advisory services to clients in the oil and gas pipeline industries. His efforts emphasize providing actionable, strategic services designed to increase shareholder value and improve operating margins. He advises clients on matters relating to regulatory policy and strategy development, pipeline rates and services, regulatory compliance, project development and M&A regulatory due diligence. He also manages the delivery of Turnkey Regulatory Services to pipelines and midstream companies, providing a customizable and cost efficient regulatory management alternative that promotes a company’s regulatory and financial goals. Drawing on his deep industry experience, and with the support of the extensive skills and breadth of the FTI Consulting team, Mr. Porter can coordinate and support any comprehensive regulatory, strategic or commercial effort.

Mr. Porter has a reputation for producing consistent solutions that increase operating margins; managing complex shipper regulatory and commercial negotiations to achieve financial goals; demonstrating industry knowledge, critical thinking, organization and communication skills as an expert witness; providing strategy, planning and implementation of new pipeline projects and new services; participating in pipeline system and supply development programs; designing new tariffs and tariff features to capture market opportunities and promote earnings growth; developing, filing and implementing innovative cost of services and rate designs; and preparing Federal Energy Regulatory Commission (FERC) rulemaking and policy analysis, commentary and strategy development.

Mr. Porter began his midstream career with Panhandle Eastern Pipe Line Company where, among other things, he provided regulatory support for the development of natural gas supply projects. At Arkla Energy Resources he was instrumental in the implementation of open access transportation pursuant to FERC Order 436. As Assistant Vice President at ANR Pipeline he directed the regulatory planning, development and implementation of multiple pipeline expansions, Greenfield pipeline projects, new services offerings, rate case filings, settlements and litigation. Later at Enterprise Products Partners he developed regulatory management and strategy for offshore pipelines, storage fields and multiple intrastate natural gas pipelines. He founded The Pythia Group, LLC and provided innovative regulatory consulting services to pipelines, pipeline shippers, local distribution companies and natural gas marketers. Prior to joining FTI, Mr. Porter was a Director of the Oil & Gas team at Black & Veatch Management Consulting LLC where he prepared, directed and participated in various regulatory proceedings, transactional matters and strategic planning programs for oil and gas pipelines, producers, marketers and investors.

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