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Valuation

Valuation of Permian-based E&P Incentive Units for Tax Purposes

Valuation
Energy & Resources
Business, Assets & Legal Entity Valuations
Discount & Premium Studies
Stock-based Compensation
October 2021

TOP prepared a valuation analysis to estimate the fair market value of certain incentive units related to a Permian-based exploration and production company. The oil and gas interests were primarily located in the Delaware basin and contributed to a total enterprise value of approximately $150.0 million. Our analysis included the valuation of the company's reserves, the allocation of the company's equity value to its various equity classes using a Monte Carlo simulation analysis, and a comprehensive discounts study. The company used our fair market value estimates as the basis for an IRC Section 83(b) election related to certain equity/incentive unit grants.

About us

TOP prepared a valuation analysis to estimate the fair market value of certain incentive units related to a Permian-based exploration and production company.  The oil and gas interests were primarily located in the Delaware basin and contributed to a total enterprise value of approximately $150.0 million.  Our analysis included the valuation of the company's reserves, the allocation of the company's equity value to its various equity classes using a Monte Carlo simulation analysis, and a comprehensive discounts study.  The company used our fair market value estimates as the basis for an IRC Section 83(b) election related to certain equity/incentive unit grants.

For more information, please contact:

Valuation of Permian-based E&P Incentive Units for Tax Purposes

Valuation
Energy & Resources
Business, Assets & Legal Entity Valuations
Discount & Premium Studies
Stock-based Compensation
February 2025

TOP prepared a valuation analysis to estimate the fair market value of certain incentive units related to a Permian-based exploration and production company. The oil and gas interests were primarily located in the Delaware basin and contributed to a total enterprise value of approximately $150.0 million. Our analysis included the valuation of the company's reserves, the allocation of the company's equity value to its various equity classes using a Monte Carlo simulation analysis, and a comprehensive discounts study. The company used our fair market value estimates as the basis for an IRC Section 83(b) election related to certain equity/incentive unit grants.

About Us

TOP prepared a valuation analysis to estimate the fair market value of certain incentive units related to a Permian-based exploration and production company.  The oil and gas interests were primarily located in the Delaware basin and contributed to a total enterprise value of approximately $150.0 million.  Our analysis included the valuation of the company's reserves, the allocation of the company's equity value to its various equity classes using a Monte Carlo simulation analysis, and a comprehensive discounts study.  The company used our fair market value estimates as the basis for an IRC Section 83(b) election related to certain equity/incentive unit grants.

For more information, please contact:

Relevant experience

Bringing technical and industry experience to advise and deliver services to our clients

Consultative Valuation Services Provided to a Pipe Supply Company for Management Planning and Dispute Resolution Purposes

Discounts Study Performed Relating to Various Business Interests for Estate Tax Planning Purposes

Purchase Price Allocation of an Industrial Pumps Manufacturing Business for Financial Reporting Purposes

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