Valuation of a Reporting Unit of a Midstream Oil and Gas Industry MLP for Goodwill Impairment Testing and Financial Reporting Purposes
November 2024
TOP was engaged by a midstream oil and gas industry MLP with an estimated enterprise value in excess of $4.0 billion to prepare a valuation for goodwill impairment testing and financial reporting purposes. The scope of our engagement included a single reporting unit part of the partnership's gathering and processing business segment operating in New Mexico in the Delaware Basin. The reporting unit was valued using the discounted cash-flow method of the income approach and the guideline public company method of the market approach.
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 Reporting Unit of a Midstream Oil and Gas Industry MLP for Goodwill Impairment Testing and Financial Reporting Purposes
July 2025
TOP was engaged by a midstream oil and gas industry MLP with an estimated enterprise value in excess of $4.0 billion to prepare a valuation for goodwill impairment testing and financial reporting purposes. The scope of our engagement included a single reporting unit part of the partnership's gathering and processing business segment operating in New Mexico in the Delaware Basin. The reporting unit was valued using the discounted cash-flow method of the income approach and the guideline public company method of the market approach.
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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