WTL Trading
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Tom Langan dba WTL Trading

Risk management consulting focused on commodity cost control and profit margin improvement. Helping manufacturers and end-users control and take advantage of volatile resins, energy, and metals prices.

Experience

  • 20 years experience in financial and physical commodity trading and risk management.
  • Analyzed clients' risk profiles, ensuring consistency with strategic direction and risk tolerance.
  • Authored risk management policies for several electric and natural gas utilities.
  • Natural gas risk manager for the CA Department of Water Resource and a California municipal utility; trained staff in the use of futures and options to control risk.
  • Developed and implemented hedging strategies on behalf of public and private entities.

Education

Massachusetts Institute of Technology                                                    Cambridge, MA

MBA – Concentration in corporate strategy and finance

Master’s Degrees – Ocean Engineering & Civil Engineering

University of Massachusetts                                                                     Amherst, MA

Bachelor’s Degree – Civil Engineering

Employment History

Since 1997   WTL Trading                                          Cypress, CA

                   Risk Management & Trading Consultant

Provide a range of services related to commodity cost control, revenue improvement, margin protection, portfolio optimization, risk analysis and control, and trading.

1988–1997   Valero (Ultramar)                               Long Beach, CA

                   Manager, Trading and Risk Management

Responsible for West Coast derivative trading and risk management; active in inventory hedging, margin management, and trading utilizing physical and financial instruments.

                   Manager, Jet Fuel Marketing

                    Responsible for marketing and inventory management of company’s jet fuel production; explored and developed new markets to spread risk and improve profitability.