Partner and Associate Director, Center for Energy Impact
Rebecca Fitz is a founding member of Boston Consulting Group’s Center for Energy Impact. She has advised major oil, gas, and other energy companies on various corporate and portfolio strategy, shareholder return, and investor strategy topics.
Rebecca’s work focuses on performance and sustainability issues in the energy sector, and competitive benchmarking in an evolving global energy system. She is deeply involved in the Energy practice’s total shareholder return and ESG (environment, social, and governance) engagements, and has worked with companies around the world on these issues.
Rebecca has over 15 years of energy industry experience. She previously worked at IHS and PFC Energy, where she led teams responsible for upstream strategy and competition research.
Favorable conditions have catapulted oil and gas players from laggards to TSR leaders. But to continue delivering shareholder value, they must balance four key areas.
Companies that historically have focused on oil and gas production can evolve their businesses to meet net-zero challenges.
The upcycle in oil and gas prices creates an opportunity for companies to invest in both sustainability and competitive positioning. Delivering on decommissioning commitments is core to this.
Key stakeholders believe that oil prices will remain high in the short term. They also think that companies need to plan for the transition to cleaner energy.
A dramatic upsurge could start later this year and end within 18 months. What’s more, it could be the world’s last—a boon for efforts to combat climate change.
International O&G companies are preparing for the future by expanding into low-carbon markets or doubling down on efficiency in hydrocarbon production.
The key issue in post-COVID-19 market risk assessment in the industry is peak investment—not peak demand.
Despite maintaining a positive outlook on future demand, investors want the O&G industry to meet emissions reduction targets and seek green portfolio alternatives.
By improving the profitability of their upstream businesses, companies will have more cash for a wide range of value creation levers.
An analysis of pandemic stimulus measures finds that Europe is continuing its steady shift toward green energy while major Asian countries are sharply accelerating their transition.
The agreement to cut production may go some way to restoring the industry’s fortunes—but oil players will have to proceed carefully.