Leading Energy Company Realizes Multimillion-Dollar Gains
Faced with financial, legal and operational restructuring needs, an industry-leading energy company retained Interra Consulting for a complex organizational change initiative focused on process improvements and cost reduction.
Interra partnered with the company’s CEO and its executive team to plan and design an enterprise-wide program. Once approved, Interra collaborated with cross-functional leadership to implement the program.
Within the first 12 months, Interra’s restructuring program yielded an 11% reduction in G&A, a $25MM improvement in gross margin, and free cash flow gains of $376MM. Years later, the program continues to drive results and is reported upon in quarterly earnings calls.