Valuation of a Natural Gas Pipeline Company, Promote Interest, and Allocation of the Company Fair Value to Various Equity Classes for Financial Reporting Purposes
September 2024
TOP was engaged by a prominent international LNG producer to estimate the fair value of an Mid-Continent based natural gas pipeline joint venture's equity, promote interest in the venture, and allocate the company's fair value to its various equity share classes. The services were performed for the client for financial reporting compliance purposes. The value of the company was estimated using a combination of the discounted cash-flow method of the income approach and the guideline public company and guideline transaction methods of the market approach. The client's promote interest was estimated using the discounted cash-flow method of the income approach and the company's equity value was allocated to its various share classes using a Black-Scholes option pricing model analysis.
About us
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:

Valuation of a Natural Gas Pipeline Company, Promote Interest, and Allocation of the Company Fair Value to Various Equity Classes for Financial Reporting Purposes

May 2025
TOP was engaged by a prominent international LNG producer to estimate the fair value of an Mid-Continent based natural gas pipeline joint venture's equity, promote interest in the venture, and allocate the company's fair value to its various equity share classes. The services were performed for the client for financial reporting compliance purposes. The value of the company was estimated using a combination of the discounted cash-flow method of the income approach and the guideline public company and guideline transaction methods of the market approach. The client's promote interest was estimated using the discounted cash-flow method of the income approach and the company's equity value was allocated to its various share classes using a Black-Scholes option pricing model analysis.
About Us
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:
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