Oil & Gas Valuation: 5 Questions to Ask When Stock is Used as Consideration
Over the last several years, an acquiring company’s stock has become a more commonly used currency in upstream oil & gas merger and acquisition transactions....
Articles by Kevin Cannon
Energy Private Equity Valuation In A COVID-19 World
As private equity fund managers assess the economic impact of COVID-19, developing reliable valuation processes and procedures for their investments will ensure transparency to regulators...
Oil & Gas Bankruptcies Bring Renewed Focus On Fresh-Start Valuation
Now is the time for oil and gas companies emerging from Chapter 11 bankruptcy to adequately address their associated fresh-start reporting and valuation considerations. Continued...
Why Outlook for Oilfield Services Sector is Down, But Not Out
Oilfield services companies will need to preserve capital and ride out the storm before they can expect to see an uptick in activity. Historically, there’s...
Bringing Goodwill & Asset Impairment Testing into Focus
Public and private energy companies should address year-end 2019 goodwill and long-lived asset impairment testing procedures so quarterly and financial audits and reviews can go...
Is C&J Energy Services/Keane Merger the Start of Oilfield Services Sector Consolidation?
On June 17, 2019, C&J Energy Services and Keane Group announced a $1.8-billion all-stock merger agreement, with the assumption of $225 million in debt. The...
Bargain Purchases in Business Combinations: A Rarity Explained
In the years since Financial Accounting Standard (FAS) 141 (now codified as ASC 805, Business Combinations) was implemented in 2001, most business combinations have resulted...