Energy companies operate in an ever-changing environment of government regulations and industry consolidation. In addition to producing and distributing energy, you might also buy and sell blocks of energy. The physical laws governing the production and transmission of power are objective and predictable, but procurement and disbursement activities are subject to human error. Your commodity experts are on top of the major energy purchases, but you may not be so sure about some of the smaller dollar miscellaneous spending.

Or perhaps you're engaged in exploration and production, or refining and other downstream activities. Do your joint ventures create true shared service centers or are they hampered by decentralized management and non-integrated systems? Cyclical investments in capital equipment can cause spend volumes to vary from year to year. Your supply agreements have a wide variety of unique terms and conditions including commodity prices tied to various indexes, volume rebates, cost-plus arrangements, and guaranteed best price agreements.

PRG-Schultz has extensive experience with the producers and distributors of energy and utilities. We know the typical areas of concern and examine S, G & A expenditures in addition to your strategic spend. We can assist you with new spending analyses and identify those processing errors created by the ever-changing and complicated energy environment. We also understand the unique supply chain management issues of the oil and gas industry. We've recovered nearly $26 million for our energy clients over the past three years, reviewing more than 10% of all spending in this $850 billion industry.

For a client reference, please contact us.