Consultative Valuation Services for Integrated Refiner

January 2022

TOP was engaged to assist an integrated oil and gas refining and marketing company with an estimated enterprise value in excess of $10.0 billion with certain consultative valuation advisory workstreams. The workstreams TOP assisted with as part of the engagement included:
– Project management assistance and review of an enterprise value analysis performed relating to a Wyoming-based refinery in the midst of conversion to a renewable diesel unit. The valuation analysis reviewed was performed by a Big 4 firm for property tax dispute purposes.
– Project management assistance and review of a purchase price allocation performed by a Big 4 firm in connection with the acquisition of a PADD 5-based oil and gas refinery and related assets.
– Project management assistance and review of an ASC 350 goodwill impairment analysis performed by a Big 4 firm. The four company reporting units part of the analysis included a refinery and three lubricant businesses.
– Consultative valuation assistance provided in connection with the enterprise value analysis of a Wyoming-based renewable diesel unit and allocation of value to certain leased assets.

About Tall Oaks Partners

Based in Houston, TX, Tall Oaks Partners provides valuation and financial advisory services to corporate management of public and private companies, investment and fund managers, and stakeholders in businesses of a variety of scale. The Tall Oaks Partners team has significant experience assisting clients with a multitude of valuation matters for strategic, tax, and financial reporting purposes. Our services and deliverables are tailored to client needs and prevailing industry and economic trends.


For more information, please contact:
(346) 440-1818