How to Present Complex Finance to Judges

Earlier this month, I was in Western Oklahoma for a trial. Surrounded by the wide-open Great Plains and the unmistakable presence of oil and gas infrastructure, it was impossible not to think about the industry’s influence on the region. A few people asked me if I had watched the acclaimed show, Landman, and as I hadn't, I started the series on my flights home.

Mercer Capital has thoughtfully analyzed the corporate and capital structures of the publicly traded mineral aggregators to derive meaningful indications of enterprise value. We have also calculated valuation multiples based on a variety of metrics, including distributions and reserves, as well as earnings and production on both a historical and forward-looking basis.

In our newest booklet, Mercer Capital provides a framework of business valuation. Valuation is both an art and a science requiring technical knowledge and experience, informed judgment, and a clear understanding of the context in which an opinion of value will be applied. Whether for marital dissolution, shareholder dispute, estate planning, or transaction advisory, the valuation of a privately held business or business interest demands careful consideration of purpose, standard of value, premise of value, and facts and circumstances unique to the engagement and other factors.