Energy Services
Property taxes are a major expense in the energy industry. Since 1978, K. E. Andrews (KEA) has been providing clients with unmatched asset valuation expertise, state of the art information systems, and specialization in the area of fair market value negotiation.
Whether you are a publicly traded pipeline company with a national asset base or a small compressor-leasing company looking to add value to your customer's bottom line, KEA provides a unique understanding of the many factors that affect the value of energy related assets. Due to volatility of oil and gas equipment costs, it is important to employ experienced professionals who understand the complex valuation methodologies required to value these types of assets.
Our firm represents hundreds of gas processing plants and hundreds of thousands of miles of gathering and transmission pipelines. In addition, we also represent thousands of compressors, cogeneration facilities, utilities, gold, uranium and coal mines, as well as both drilling and well-service rigs and equipment, not to mention more than 20 wind farms. Our client base affords us the opportunity to review billions of dollars in energy-related acquisitions and divestitures every year. This insight is invaluable to the appraisal process.
Our services include:
- Review of the income/economics of facilities
- Site inspections
- Pollution control review and exemption filings
- File property tax returns
- Negotiate property tax values with county/state
- Process notices of appraised value for accuracy and fairness
- Protest unfair valuations
- Representation at Appraisal Review and Equalization Boards
- Provide property tax accrual assistance
- Process property tax bills for accurate values, tax rates and tax amounts
- Provide property tax planning for acquisitions, divestitures and upcoming projects