Frederick Leonardi, MS, MEngr

Chief Tax Economist | Strategic Planning & Capital Allocation | Financial Modeling, Forecasting & Scenario Analysis | $1B+ Programs

United States

About

Results-driven financial strategist and trained economist with over 18 years of experience in the energy sector—delivering $90M+ in cost savings and leading capital planning and forecasting efforts exceeding $1B. I combine executive-level financial strategy with rigorous economic analysis and modeling to drive capital efficiency, risk mitigation, and informed decision-making in upstream oil & gas. My background spans planning, project controls, cost modeling, risk analysis, and structured energy contracts—with deep expertise in Drilling & Completions (D&C), facilities, and power operations. Proven success advising senior leadership at Occidental Petroleum, Anadarko Petroleum, and Sempra, managing strategic financial planning, scenario modeling, variance analysis, and cross-functional initiatives. Technically skilled in SAP, Primavera, Power BI, Crystal Ball, and Python (in progress). I'm actively seeking roles where I can bring this integrated skillset to oil & gas, infrastructure, or commodity-focused organizations—delivering measurable financial outcomes and operational clarity.

Experience

  • Chief Tax Economist at Oklahoma Tax Commission
    Jan 2026 - Present · 6 mos

  • Occidental Petroleum Company (Full-time · 10 yrs)
    • Planning Engineer
      Jun 2018 - Aug 2024 · 6 yrs 3 mos

      Directed capital planning and program management for Rockies Business Unit, overseeing $600M–$1.1B annually across drilling, completions, facilities, and infrastructure projects • Managed $600M–$1.1B in annual capital budgets for Rockies Drilling & Completions • Delivered monthly forecasts, variance analysis, and financial reporting to executive leadership • Generated $50M+ in cost savings by streamlining forecasting processes and realigning stakeholder collaboration • Developed EVM models and spend analysis tools for Facilities & Power groups • Partnered with engineering and asset teams to resolve multi-million-dollar back-forecasting issues • Led operational cost initiatives for equipment maintenance and capital efficiency

    • Cost Modeling Analyst
      Sep 2014 - Jun 2018 · 3 yrs 10 mos

      Provided strategic cost modeling and analytical support across four upstream assets, including the Permian, Eagle Ford, Haynesville, and Marcellus basins • Designed a cost modeling program that saved $8M+ annually and improved price transparency • Led a diesel hedge strategy projected to save up to $90M; presented to executive committee • Supported $90M+ annual spend procurement across drilling, completions, and midstream • Partnered with Legal to craft contracts based on modeled costs and risk mitigation • Built tools to align vendor pricing with market trends and operational planning

  • Structuring Analyst at Sempra
    2007 - 2013 · 6 yrs

    Structured and negotiated complex energy contracts and evaluated risk across power and gas markets • Negotiated $2.2M+ in gross margin contracts in 2012; total portfolio impact of $33M • Conducted pricing, hedge analysis, and product structuring for commercial/industrial clients • Managed real-time trading positions for natural gas and electricity portfolios, including daily and forward exposures • Collaborated with legal to tailor client contracts and risk frameworks

  • Sr. Economic Analyst at Federal Reserve Bank of Atlanta
    Jan 2007 - Aug 2007 · 8 mos

    Conducted macroeconomic forecasting and monetary policy analysis for the U.S. economy • Built and maintained econometric models (BVAR, DSGE, and PCE-inflation signal models) to forecast GDP, inflation, and labor markets • Produced briefing materials for the Federal Reserve Board of Directors and FOMC to guide policy decisions • Authored short research memos and internal reports on monetary policy, market signals, and macroeconomic risk factors • Applied game theory and quantitative finance techniques to interpret real-time market conditions