Valuation Services
Stancil’s extensive hands-on industry experience and participation in merger and acquisition activities in the energy industry provide a strong background for Stancil consultants to be able to define and support property valuations for financial, insurance, federal tax, ad valorem tax, GAAP, and other purposes. Stancil offers complete economic and valuation services that comply with Uniform Standards of Professional Appraisal Practice (USPAP) standards, signed by accredited senior appraisers of the American Society of Appraisers.
By being part of an organization with in-house expertise in industry regulatory matters, hydrocarbon supply and demand issues, new technology, and optimization modeling of process facilities, the talent that Stancil can draw upon in completing independent appraisals of downstream energy industry assets is unparalleled. We understand the dynamics of the energy industry and the variables that drive value.
Due to the focus of our firm on the energy industry and the breadth of our expertise, we are uniquely positioned to provide well-supported Fair Market Value appraisals that accurately reflect the attitudes of willing buyers and sellers in the energy industry.
In a complete appraisal, Stancil considers the three approaches to value: the Income Approach, Market Approach, and Cost Approach. Sales databases are maintained to provide reliable information for a Comparable Sales Approach, and replacement cost models are regularly updated to provide the foundation to a Cost Approach.
The appraisals produced are fully documented in detailed reports which are tailored to the needs of the client and the intended user of the report. Follow-up support is also provided as needed in negotiating settlements on values in dispute, or providing expert witness testimony, rebuttal support, and other assistance in connection with achieving an understanding of the valuation service provided.
Examples of the Valuations Performed
- Appraisals of refineries in each region of the U.S. and much of Europe
- Appraisals of chemical plants in the U.S. and Canada
- Purchase price allocations
- Gas processing facility appraisals
- Valuation of intangible assets
- Numerous pipeline systems appraisals including crude gathering, gas gathering, and mainline crude and product distribution systems
- Appraisals of terminals, docks, and underground storage facilities
- Ad valorem assessment equalization studies.