Thomas Loftus Email & Phone Number

Dallas, Texas, United States

• Responsible for consensus estimate and sell-side report analysis and disclosure content related to the cash flow statement and balance sheet
• Designed and built consensus estimate analysis materials and process, including method for forecasting key numbers, approach to analyzing consensus versus actuals, sell-side engagement backup materials, and procedure.
• Developed a one-toolkit approach to guidance disclosures and brought together several disaggregated processes to improve depth and quality of guidance
• Used benchmarking and sell-side model analysis to drive growth project guidance and long-term resiliency content in the Product Solutions Spotlight
• Project lead for financial and operating data tables; improved process by introducing workshopping in the planning stage and through wider use of IT tools

Dallas, Texas, United States

• Supervised cash management team covering the US treasury center and western hemisphere affiliates
• Co-lead migration of two teams (11 positions) to Brazil
• Covered and migrated two supervisor roles due to incumbent attrition
• Led the new team in supporting two share repurchase projects and a major divestment in Canada and implementing a new investment program in Argentina during the migration period
• Prepared forecasting analysis for $750 million investment opportunity and analyzed share repurchase strategies for the $30 billion program announced with first quarter 2022 earnings

Houston, Texas, United States

• Designed finance plan, advised on project economics and valuation, and facilitated cross-functional review of foreign exchange modeling for ~$5 billion growth opportunity in China
• Core team member for four acquisition and divestiture screenings
• Core team member for pre-implementation work on a $1 billion receivables securitization opportunity
• Led analysis of an $80-$100 million affiliate level preferred equity offering
• Reviewed framework for evaluating asset level financing and co-created register with over 30 opportunities
• Supported Basic Chemicals, Catalyst & Licensing, and Supply Chain business units with project economics, credit risk analysis, financial product requirements, and contract review

Melbourne, Victoria, Australia

• Reviewed project economics and modelled finance plan for ~$15 billion Papua New Guinea LNG expansion opportunity, including covenant forecasting used for marketing strategy
• Coordinated drafting and review of PNG LNG expansion financing Preliminary Information Memorandum; engaged financial advisor on finance plan and model edits
• Analyzed foreign exchange exposure and potential mitigations for PNG LNG construction spending

Houston, Texas Area

• Reviewed production sharing and joint operating agreements; managed bank account, guarantee, and insurance portfolios; and assessed partner credit quality to support Europe and Asia exploration activity
• Managed $15 billion guarantee portfolio; projects included executing over $1.0 billion worth of guarantees for a $10 billion LNG project, negotiating master reimbursement agreements with five relationship banks.
• Analyzed financial statements for over 30 competitor and contractor companies in support of the Competitor Intelligence and Procurement organizations

• Treasury Department
• Identified improvements to short-term off-currency intercompany lending structure impacting global liquidity management strategy ($4bn of cash on hand as of June 2017)
• Performed economic analysis of liquidity management strategies for $30bn book value affiliate
• Executed statistical pricing analysis of freight derivatives and identified applications to downstream business unit

Houston, Texas

• Performed credit and business risk analysis for revolving credit facilities, term loans and bridge loans extended to over 30 energy clients responsible for over $200MM in annual revenue to Citi
• Conducted periodic debt portfolio analysis, including a portfolio stress test, collateral valuations for 21 subinvestment grade clients and over 15 reserve based loan valuations for 8 reserve based lending clients
• Implemented cash management and trade facilities, including letters of credit, bank guarantees, receivables financing and corporate cards, for three integrated clients responsible for over $100MM of annual cash and.

Houston, Texas

• Evaluated relative and discounted cash flow approaches for an oil company valuation
• Researched cost of capital calculation methodologies for parent companies and their subsidiaries
• Analyzed private transactions and public company data and selected samples for relative valuations

San Antonio, Texas

• Analyzed Valero’s hedge position reporting system and identified true-ups of production estimates, inventory labeling and book conventions as sources of P/L noise
• Recommended simplifying risk reports by separating hedge true-ups, labeling additional product grades and generating separate price and delivered volume reports
• Trained in technical analysis

San Antonio, Texas

• Updated master file of crude oil purchases and resolved intraday differences between trade and risk books
• Created spreadsheets for crude suppliers to track purchases of Strategic Petroleum Reserve crude
• Studied export and import volumes and causes of crude oil price spreads between European and US light sweet crude

Education record

B.A., Mathematical Economic Analysis

Activities and Societies: Baker Institute for Public Policy Student Forum

General Course, Economics

Activities and Societies: LSE Trade Society; Research and Curriculum Subcommittee