After a 3-year value decline from $70 at peak to the mid-teens, an activist investor with ~20% ownership stake and a new CEO brought in Marakon to help reverse the trend. Our team drove turnaround strategy, including brand portfolio segmentation and resource re-allocation, to drive sustainable profit growth. Ultimately the stock price increased to the mid $30s within 18 months.
Decision time for oil and gas?
Over the last quarter, several European integrated oil and gas companies have dialed down their clean energy ambitions and dialed up their core fossil fuel...